LONDON, 11 March 2024 - Comment from BullionVault features today in a report on the rising price of gold from Austrian news-site ?ber?sterreichische Nachrichten.The report looks at how Chinese demand, plus its continued central-bank purchases, are underpinning this bull market.Subscribers to ?ber?sterreichische Nachrichten can read the full story, in German, here:Was die Rekordjagd beim Gold mit C...Read More
The operator of Infinitum Copper Corp.'s Hot Breccia project in Arizona has engaged a company that uses artificial intelligence (AI) to optimize drill planning.Infinitum Copper Corp. (INFI:TSX) said the operator of its Hot Breccia project in Arizona has engaged a company that uses artificial intelligence (AI) to optimize drill planning.Operator Prismo Metals Inc. is working with ExploreTech Inc. f...Read More
This week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.On Thursday, gold closed at $2,170 per ounce – its highest level since…well, since records have been kept.As of this Friday recording, gold checks in at $2,203 an ounce on the heels of a 5.2% advance on the week...Read More
When you’re considering investing in precious metals, you are confronted with many options. Silver or gold? Bars or coins? And what in the world is an ETF?Understanding the differences between an ETF and physical gold and silver is an important first step in the journey to precious metals investing.ETF is an acronym for “Exchange Traded Fund.” In simplest terms, an ETF represents...Read More
This week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.On Thursday, gold closed at $2,170 per ounce – its highest level since…well, since records have been kept.As of this Friday recording, gold checks in at $2,203 an ounce on the heels of a 5.2% advance on the week...Read More
Dakota Gold Corp. announced results from four more drill holes at from its Richmond Hill Gold Project in South Dakota near the past producing historic Homestake Mine.Dakota Gold Corp. (DC:NYSE American) announced results from four more drill holes at its Richmond Hill Gold Project in South Dakota, the last of the assays from its 2023 drilling campaign around the historical resource area.The compan...Read More
LONDON, 9 March 2024 - Insight from BullionVault features today in the latest report from global data and financial news service Bloomberg on the rising price of gold."The sabre-rattling from Putin, conflict in Ukraine and Gaza, all of that adds to the background noise," the report quotes Adrian Ash, director of research at BullionVault. "The mood music is bullish for gold now from the safe haven...Read More
This week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.On Thursday, gold closed at $2,170 per ounce – its highest level since…well, since records have been kept.As of this Friday recording, gold checks in at $2,203 an ounce on the heels of a 5.2% advance on the week...Read More
The model for mineral exploration no longer works, this company says, and its machine learning and artificial intelligence (AI) tools can quickly identify high-grade opportunities and give geologists better big picture views of what's under the surface.Durendal Resources Inc. says the model for mineral exploration no longer works and its machine learning and artificial intelligence (AI) tools can...Read More
When you’re considering investing in precious metals, you are confronted with many options. Silver or gold? Bars or coins? And what in the world is an ETF?Understanding the differences between an ETF and physical gold and silver is an important first step in the journey to precious metals investing.ETF is an acronym for “Exchange Traded Fund.” In simplest terms, an ETF represents...Read More
When you’re considering investing in precious metals, you are confronted with many options. Silver or gold? Bars or coins? And what in the world is an ETF?Understanding the differences between an ETF and physical gold and silver is an important first step in the journey to precious metals investing.ETF is an acronym for “Exchange Traded Fund.” In simplest terms, an ETF represents...Read More
When you’re considering investing in precious metals, you are confronted with many options. Silver or gold? Bars or coins? And what in the world is an ETF?Understanding the differences between an ETF and physical gold and silver is an important first step in the journey to precious metals investing.ETF is an acronym for “Exchange Traded Fund.” In simplest terms, an ETF represents...Read More
This week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.On Thursday, gold closed at $2,170 per ounce – its highest level since…well, since records have been kept.As of this Friday recording, gold checks in at $2,203 an ounce on the heels of a 5.2% advance on the week...Read More
Canadian company Soma Gold Corp. has just announced a significant discovery following a drill program at its La Aurora mine in Machuca, Antioquia, Colombia.The Canadian company, focused on gold production and exploration, acquires, explores, develops, and operates mining properties in South America. It already controls two adjacent mining properties in Antioquia with a combined milling capacity of...Read More
This week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.On Thursday, gold closed at $2,170 per ounce – its highest level since…well, since records have been kept.As of this Friday recording, gold checks in at $2,203 an ounce on the heels of a 5.2% advance on the week...Read More
When you’re considering investing in precious metals, you are confronted with many options. Silver or gold? Bars or coins? And what in the world is an ETF?Understanding the differences between an ETF and physical gold and silver is an important first step in the journey to precious metals investing.ETF is an acronym for “Exchange Traded Fund.” In simplest terms, an ETF represents...Read More
LONDON, 8 March 2024 - Analysis from BullionVault is quoted today in a report from personal investment news and data site Benzinga on the split between global gold prices and Western gold investment flows."Central-bank demand for the precious metal remains historically strong, and that's clearly helping drive up the gold price as sovereign nations favor the precious metal as a safe haven against t...Read More
While gold may have been a hit at PDAC, copper seems to reign supreme, and Michael Ballanger of GGM Advisory Inc. shares two copper stocks he thinks are worth your attention. The USD Index is continuing its lower trajectory today after Fed Chairman Jerome Powell's testimony before Congressional leaders offered a somewhat dove-ish bent, which is just what the bond and stock markets love to hear.Whi...Read More
Never before have so many... owed so much... to so few.We refer not to Mr. Churchill's hosannas to the Royal Air Force concerning 1940's Battle of Britain.We refer instead to the 2024 Battle of Bulls and Bears... to the stock market.Never have so many investors owed so much of their money to so few stocks.That is because a mere spoonful of stocks are hauling stocks to record heights.These stocks...Read More
Finally, gold breaks out as it has been very frustrating for precious metal investors. Oil also went over my $80 target this week but could not close above $80. Nevertheless, Ron Struthers of Struthers' Resource Stock Reports believes the chart shows a solid up trend (blue) with resistance at that $80 level and a breakthrough that would mean a test of $85. He shares seven reasons gold broke out an...Read More