EURUSD The market is trading along an uptrend with target on 1.2530, that may be expected to continue, while market is trading above support level 1.2450.An downtrend will start as soon, as the market drops below support level 1.2450, which will be followed by a move down to support level 1.2378. GOLD The uptrend may be expected to continue in case the market rises above resistance level 1358,...Read More
Rising mineral prices and the increasing difficulties to earn a living from agriculture, have led to an explosive growth in global artisanal and small-scale mining (ASM) in the last few years.The activity is emerging as an significant socio-economic sector in a number of developing nations, to the point it has become a major of revenue for millions of people in about 80 countries worldwide - mostl...Read More
Rising mineral prices and the increasing difficulties to earn a living from agriculture, have led to an explosive growth in global artisanal and small-scale mining (ASM) in the last few years.The activity is emerging as an significant socio-economic sector in a number of developing nations, to the point it has become a major of revenue for millions of people in about 80 countries worldwide - mostl...Read More
Rising mineral prices and the increasing difficulties to earn a living from agriculture, have led to an explosive growth in global artisanal and small-scale mining (ASM) in the last few years.The activity is emerging as an significant socio-economic sector in a number of developing nations, to the point it has become a major of revenue for millions of people in about 80 countries worldwide - mostl...Read More
Rising mineral prices and the increasing difficulties to earn a living from agriculture, have led to an explosive growth in global artisanal and small-scale mining (ASM) in the last few years.The activity is emerging as an significant socio-economic sector in a number of developing nations, to the point it has become a major of revenue for millions of people in about 80 countries worldwide - mostl...Read More
Canada's Barrick Gold Corp , the world's biggest gold producer, forecast an output drop over the next four years on Wednesday, with mining costs flat to higher.Read full newsRead More
Canadian explorer Argo Gold (CSE: ARQ) said Thursday that is selling its South Wawa gold property to RT Minerals Corp. (TSX-V:RTM) for consideration of 350,000 common shares of the Vancouver-based junior miner.The property consists of two mineral claims totalling 16 units or 256 hectares located roughly 10 km south of the town of Wawa, in Ontario.When Argo acquired South Wawa, the asset had not b...Read More
The Indonesian unit of Freeport-McMoRan Inc and fellow copper miner Amman Mineral Nusa Tenggara (AMNT) are waiting for last-minute mining ministry approvals to their applications to extend copper concentrate exports, company officials said.Freeport's export permit for Grasberg, the world's second-biggest copper mine, is due to expire on Friday, as is Amman's permit to ship ore concentrate from its...Read More
The Indonesian unit of Freeport-McMoRan Inc and fellow copper miner Amman Mineral Nusa Tenggara (AMNT) are waiting for last-minute mining ministry approvals to their applications to extend copper concentrate exports, company officials said.Freeport's export permit for Grasberg, the world's second-biggest copper mine, is due to expire on Friday, as is Amman's permit to ship ore concentrate from its...Read More
The Indonesian unit of Freeport-McMoRan Inc and fellow copper miner Amman Mineral Nusa Tenggara (AMNT) are waiting for last-minute mining ministry approvals to their applications to extend copper concentrate exports, company officials said.Freeport's export permit for Grasberg, the world's second-biggest copper mine, is due to expire on Friday, as is Amman's permit to ship ore concentrate from its...Read More
Gold price surges in best trading day since Brexit mid-2016 as world's largest hedge fund pours money into gold-backed ETFs.Read full newsRead More
The company announced strong results for the first half of its fiscal 2018, but there's a catch.Read full newsRead More
Climate Home News: In 1996, Osvaldo Wuaru and his family arrived on the outskirts of the vast Munduruku Amazon Territory with a crucial mission: set up a village to hold back the invasion of pariwat (non-indigenous) gold miners. Twenty-one years later, it has all but failedRead full newsRead More
Market Overview Analysis by Steve Saville covering: XAU/USD, Gold Futures, BTC/USD. Read Steve Saville's latest article on Investing.comRead full newsRead More
A more dramatic move in the price of gold is necessary for miners to start outperforming the metal.Read full newsRead More
Shares of Goldcorp and Barrick are trading higher after releasing earnings this evening.Read full newsRead More
Gold prices were on fire Wednesday, rebounding from losses made in the wake of stronger than expected U.S. inflation data. Kitco News caught up with Maxwell Gold of ETF Securities. "What sparked gold's price move today is the increase in inflation. I think that is boosting inflation expectations, and I think that's giving some consideration into what the Fed is going to do this year," Gold told K...Read More
Pickup in inflation isn't seen as sign of rapid accelerationJob market, tax cuts likely to support consumer spendingU.S. Consumer Prices Rise More Than Expected in JanuaryFaster-than-projected U.S. inflation and an unexpected decline in retail sales at the start of the year may cause some indigestion on Wall Street, but probably don’t mean much pain for the economy.The core consumer pr...Read More
Core gauge advances 0.3% from prior month, above projectionsApparel index rises 1.7%, most in almost three decadesNathan Sheets of PGIM, Michael Ashton of Enduring Investments and Bloomberg's Mike McKee look at inflation.U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades. The report sent Treasuries and stocks tumbling, as it added t...Read More
Stake in SPDR Gold rises to 3.91 million shares, filing showsHedge fund boosts stake in Newmont, cuts position in BarrickDalio's Bridgewater Boosts Holdings in GoldBillionaire hedge fund manager Ray Dalio boosted his holdings in the two largest gold-backed ETFs last quarter before prices of the metal capped the biggest annual gain in seven years.As of the end of December, Dalio’s Bridg...Read More