Tuesday’s session on the Toronto Stock Exchange saw gold prices reclaim the psychologically important $1,900 an ounce mark, booking their highest settlement in a week. This reaffirmed the sentiment among gold stocks enthusiasts and some commodity experts that gold remains a strong investment in the long term. While almost all TSX gold stocks have had a huge year up until this point, Canadia...Read More

The traditional safe havens gold and silver continue their bullish run. Gold is up almost 30%, while silver is up more than 50% from the start of 2020. With global economic growth expected to remain subdued ahead of the second wave of COVID-19 infections, precious metals could continue to trade strong for the next few quarters. This week saw a correction in gold prices as the US Dollar recovered...Read More

With investors and analysts remaining bullish on gold, silver fits neatly into investments related to sustainability. Since the start of 2020, gold has rocketed to a new all-time high near $2,070 in early August, up 40%. At the same time, silver bottomed in March near $12, then soared to a $29 peak, also in early August, for a blistering 140% gain in just 4½ months. Silver has heavily out-...Read More

The silver stocks of Canadian mining companies have had a roller-coaster ride of a year, getting sucked into March’s stock panic before skyrocketing out in a massive upleg. While much-higher silver prices have radically improved silver-stock fundamentals, Q2’s national lockdowns to curb the spread of COVID-19 wreaked havoc on this sector. The junior miners’ latest quarterly resul...Read More

Brazilian miner Vale SA said it has not reached an agreement with Australia's New Century Resources Ltd to sell its stake in New Caledonia nickel project and now is preparing to potentially shut it down, according to a securities filing on Monday.Read full newsRead More

Gold prices climbed higher in Tuesday’s trading session as a weaker dollar countered some pressure from the better-than-expected U.S. manufacturing data, which offered a correction from a two-week high. Spot gold was up 0.1% to $1,971.61 per ounce, having earlier hit its highest since Aug. 19 at $1,991.91. U.S. gold futures settled marginally higher at $1,978.90 per ounce.  With gold...Read More

The recent bullish run of gold came to a brief stop at the close of markets on Monday, August 24th. Gold prices edged lower and continued to consolidate.  The correction comes ahead of US Presidential elections and amid improving US – China tensions. Dropping to fresh daily lows, around the $1915 region in the first hour of Wednesdays trading session, analysts believe a secondary break...Read More

The SPDR Gold Trust (GLD) is increasingly resorting to sourcing gold bars at the Bank of England - at least 70 tonnes of gold and possibly up to 150 tonnes.Read full newsRead More

Warren Buffett's Berkshire Hathaway bought a stake in Barrick Gold in the second quarter, a Friday filing showed. Barrick Gold surged as much as...Read full newsRead More

Canada's TSX stock index edged higher on Tuesday, boosted by major and junior gold miners after prices of the yellow metal climbed further this week after a much needed healthy correction during last week’s Friday session.  Gold process rose more than 1% on Tuesday and climbed back above the $2,000 level breached earlier this month. As a whole, the materials sector added 0.9% as gold f...Read More

NORTH BAY - The Ontario government is investing $5 million in Norgalv to help the steel galvanizing company open a new plant in North Bay. The funding is being delivered through the Northern Ontario Heritage Fund Corporation (NOHFC) and will be used to build a new facility, purchase equipment and establish a single production line, creating 45 new full-time jobs."We are proud to support the expans...Read More

SK Innovation will commercialize the world's first nickel cobalt manganese (NCM) batteries that contain 90 percent nickel, according to industry sources on August 10. ?EUREURThe South Korean battery maker will supply lithium-ion batteries that contain 90 percent nickel, 5 percent cobalt and 5 percent manganese inside cathodes to Ford F-150 electric pickup trucks set for release in 2023, they said....Read More

Gold miners remained one of the biggest coronavirus beneficiaries.Read full newsRead More

BOISE, Idaho (AP) - The U.S. government on Friday released a draft environmental report on the potential effects of three open-pit gold mines in salmon habitat in central Idaho proposed by a Canadian company. The U.S. Forest Service will take comments for 60 days on the documents involving British Columbia-based Midas Gold's plan that includes restoration work in the already heavily mined area. Mi...Read More

Gold prices continue climb towards all-time record highs with December gold futures reaching an astounding $2,027 on Tuesday.  The gold frenzy driven in part by the weakening dollar and the global pandemic is good news for Canadian junior gold miners and mid-tier gold exploration companies, particularly those in prolific gold regions across Canada. Although some mining regions faced setbacks...Read More

Gold at $3,000 an ounce sounds like an optimistic tip, but there are two reasons to take that price seriously.Read full newsRead More

What factors influence the gold price today?Read full newsRead More

The gold price broke past US$2,000 on Tuesday, an important psychological and monetary threshold for the metal.Read full newsRead More

Gold futures broke a considerable line on Tuesday as they edged higher, driven by a weakening US dollar and fears of a second wave of coronavirus infections. As government bond yields headed lower, the precious metal to make an assault on a record close above the $2,000 threshold. Analysts are optimistic about bullion surging by 50% over the next 18 months to around $3,000 an ounce and see other...Read More

After gold prices skyrocketed past their 2011 all-time highs of $1,920, gold’s spot price slid back to $1,930 in Thursday’s trading session, down 0.6% from its earlier closing price of $1,940, as gold bulls took a pause before another attempt to push the precious metal higher off its record levels. The growing concerns regarding the course of the US economy persist, so is unlikel...Read More