Gold prices surged to a nine-year high on Tuesday while the dollar weakened after European Union leaders reached an unprecedented $2 trillion stimulus package agreement. This boosted investor sentiment as the unprecedented stimulus package is likely to push real interest rates even lower, fueling a boom for non-yielding assets such as gold. A new surge in COVID-19 cases threatens to derail the ec...Read More

Gold prices finally edged lower on Tuesday, still remaining above the threshold of $1,800 they were able to break last week. As the U.S. dollar strengthened, although worries over surging coronavirus cases globally and US – China tensions remain, spot gold was down 0.1% at $1,801.11 per ounce by 0647 GMT. U.S. gold futures fell 0.6% to $1,804. "We are seeing pressure on risk assets given th...Read More

Gold markets continue their bullish run with a major push higher during the trading session on Wednesday. Gold price surged all the way towards the $1825 level rather early in the session, showing a clear break out of the massive barrier underneath. Analysts have spent months predicting if and when the $1800 level would be reached, but now that the price of gold has cleared it, it is likely...Read More

2020 has been a bullish year for gold up to this point with gold prices headed for seven-year highs over US$1,750 per ounce. On Monday, Canada’s main stock index future rose, supported by firmer gold prices against global concerns related to rising coronavirus cases. Gold futures rose as much as $1,767.6 an ounce, hitting a one-month high, as investors were drawn to safe-havens. Although g...Read More

The Northern Miner presents the top-10, Canadian-headquartered royalty and streaming companies by market capitalization, as of late-June 2020.1. Franco-NevadaMarket capitalization: US$26.40 billionFranco-Nevada CEO David Harquail speaks at the 2019 Canadian Mining Symposium, in London, United Kingdom. Photo by Martina Lang for The Northern Miner.Franco-Nevada (TSX: FNV; NYSE: FNV) continues to hol...Read More

  Canada's main stock index future rose on Monday with support by firmer gold prices against the backdrop of global concerns related to rising coronavirus cases. Gold futures GCc2 rose as much as $1,767.6 an ounce, hitting a one-month high, as investors were drawn to safe-havens. As the yellow metal is slowly seeing some safe haven interest again, it is now finally and comfortably through...Read More

This year gold prices have rallied as a result of disrupted supply chains and closed down economies due to the global coronavirus pandemic and increasing possibility of a new trade way between the US and China. Now, gold ETFs are gaining momentum as a hedge against the potentially overbought stock market, some traders say. Since late March, total ETF holdings have grown 14%, while long positions...Read More

Gold is attempting to make a comeback as it emerged above $1,700 at the beginning of the week. With the market mood worsening the S&P 500 corrected lower after previously erasing its gains for 2020. All data points to the precious metal continuing to attract buyers. Although the global pandemic and growing concerns regarding a new trade way between US and China may have thrown major stock mar...Read More

Pure Gold's mine in Red Lake is on track for its first pour this year.Read full newsRead More

The price of gold has shown signs of reversing course ahead of the May low ($1670) as it extends the series of higher highs and lows from the previous week. The precious metal attempted to test the 2012 high ($1,796) as the Federal Reserve prepares to have the Municipal Liquidity Facility along with the Main Street Lending Program up and running in June. Analysts expect this to fuel a bullish mar...Read More

NV Gold Corporation is pleased to announce the Company has entereRead full newsRead More

Like much of the world, Argentina remains locked down, its citizens more or less homebound due to the global COVID-19 pandemic. Amid the torpor, Yamana Gold, a Canada-based mining company, has forged a new partnership around a gold mining project in the Patagonian province of Chubut. The move has led activists to accuse Yamana of [...]Read full newsRead More

Whether the current correction lasts another two weeks or seven weeks (pick a random number) it will not change the larger bullish setup that is in place for Gold and especially the gold stocks. Continue...Read More

Like much of the world, Argentina remains locked down, its citizens more or less homebound due to the global COVID-19 pandemic. Amid the torpor, Yamana Gold, a Canada-based mining company, has forged a new partnership around a gold mining project in the Patagonian province of Chubut. The move has led activists to accuse Yamana of [...]Read full newsRead More

Gold prices edged lower on Tuesday after a long winning streak since the start of 2020. As riskier assets like gold stocks gained traction, Canadian junior gold miners have a reason to be optimistic.   Gold prices moved lower, and continued to trade sideways unable to break down, after reaching a 7.5-year high last week. Prices fell below support near the 10-day moving average at $1732, whi...Read More

News of more tensions between US and China and a potentially new trade war sent waves through international markets at the beginning of the week. The two world leaders are currently locked in a battle of trying to pinpoint the origin of the coronavirus that shut down whole countries, disrupted supply chains and brought to halt entire sectors, causing an economic slowdown similar to the one during...Read More

A weak rupee vis-? -vis the US dollar can increase domestic gold pricesRead full newsRead More

Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) ("PureGold" or the "Company") is pleased to report mine construction activities at its PureGold Red Lake Mine in Ontario are on schedule for first gold pour before the end of the year.Work to date has proven we have a clear and precise understanding of theRead full newsRead More

Teck Resources is starting to increase the number of workers active at its Quebrada Blanca Phase 2 (QB2) project in northern Chile but is still uncertain when it will be able to resume normal activities at the site. Around 1,100 employees are now active at the project, according to Don Lindsay, chief executive officer of the Canada-based company, noting that employment at the site had dropped...Read More

Canada’s main stock index rose on Tuesday, steered by energy stocks and the materials sector, which added 0.7% as gold futures rose 0.3% to $1,700 an ounce. U.S. gold futures rose 0.9% to $1,713.20 per ounce. The most heavily traded shares by volume were Freegold Ventures Ltd, down 5.9%; B2gold Corp while Canadian Natural Resources Ltd, which rose 3.4%., was among the largest percentage gai...Read More