|Day's Range||1,293.00 - 1,305.40|
When you can’t give someone the reply they want, give them a chuckle instead. I recently met venture capitalist John Frankel at the World Summit for Innovation and Entrepreneurship. He’s the founder of ff Venture Capital, which has invested in IndieGoGo, Plated, Contently, and Parse.ly, and recently raised more than $50 million in its fourth…
After Ecuador’s President removed a moratorium on new mineral licenses, two of the world’s largest gold miners are said to consider a big move into this rising mining nation
Categories: Asia Pacific Value Yahoo FinanceClick here to see latest analysis Capitalcube gives Perseus Mining Ltd. a score of 54. Our analysis is based on comparing Perseus Mining Ltd. with the following peers – Resolute Mining Limited, Mineral Deposits Limited, Azumah Resources Limited and Viking Mines Limited (RSG-AU, MDL-AU, AZM-AU and VKA-AU). Investment Outlook Perseus Mining Ltd. has a fundamental ... Read more (Read more...)
TORONTO (Reuters) - Canada's main stock index edged higher on Monday, with a gain in the financial sectors offset by a selloff in shares of Eldorado Gold Corp. Eldorado fell 15.6 percent to C$2.31 after lowering production guidance for a gold mine in Turkey. [nCNWqjyRna] The Toronto Stock Exchange's S&P/TSX composite index was up 30.97 points, or 0.2 percent, at 15,888.19. Eight of its 10 main sectors were higher. The financial sector added 0.2 percent. Royal Bank of Canada rose 0.3 percent to C$101.54, and Bank of Nova Scotia gained 0.4 percent to C$81.29. ...
Canada's main stock index edged higher on Monday, with a gain in the financial sectors offset by a selloff in shares of Eldorado Gold Corp. Eldorado fell 15.6 percent to C$2.31 after lowering production ...
ABX reported a decline in quarterly output at its major gold mines, which was expected due to the ongoing disruptions at its Tanzanian mines.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Centerra Gold, Inc. Here are 5 ETFs with the largest exposure to CAGDF-US. Comparing the performance and risk of Centerra Gold, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Investing.com - Gold prices hit a more-than-two week low on Monday as dollar strength continued to put pressure on the precious metal.
From Jordan Roy-Byrne: Last week we noted the likely negative impact of a sustained rebound in the US Dollar on Gold. Recent weakness in precious metals has not been much of a surprise considering the sector’s relative weakness months ago… Read more ›
The U.S Dollar has remained resilient. The Yen has been sold off as the Nikkei Index continues to track upwards and in the wake of Prime Minister Abe’s election victory on Sunday. Gold remains under pressure and is battling headwinds. USD/JPY: Victory by Prime Minister Abe Secures Policy The Yen has continued to get weaker … Continue reading Daily Market Forecast, October 23, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
The audience was silent and tense, with heads rapidly turning from the auctioneer to the two people engaged in a heated bidding match. “Going once, going twice, sold at 10,500!” he yelled. A balding man sniggered and instructed his accountant to write a cheque. The two bidders, accustomed to such thrilling encounters, shook hands. Kannan,…
Gold prices hit a two-week low early Monday as investors continued to react to rising U.S. Treasury yields and increased demand for higher risk assets. The rise in Treasury yields is helping to make the U.S. Dollar a more attractive investment which is weighing on demand for dollar-denominated gold. At 0612 GMT, December Comex Gold … Continue reading Price of Gold Fundamental Daily Forecast – Demand for Gold Drops Amid Stronger U.S. Dollar, Appetite for Risk
U.S. West Texas Intermediate and international-benchmark crude oil futures are edging higher early Monday. The catalysts behind the rally are supply concerns in the Middle East and signs of tightening in the U.S. as well as increasing demand in Asia. At 0543 GMT, December WTI Crude Oil futures are trading $52.09, up 0.25 or +0.48% … Continue reading Oil Price Fundamental Daily Forecast – Supported by Middle East Supply Concerns, Signs of U.S. Tightening
The DAX index continues to struggle to break through the 13000 region and this week could provide a make or break situation for the index to either push itself higher through this region and make the break stick or to expose itself to the vagaries of the global market and the investors and hence correct … Continue reading DAX Index Daily Fundamental Forecast – October 23, 2017
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_10232017.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 9:00 am: Indian Energy Exchange lists on exchanges in Mumbai. 11:00 am: Minister for Petroleum & Natural Gas and Skill Development & Entrepreneurship Dharmendra Pradhan at inauguration of Skill Development Centre in New Delhi. 11:30 am: Mahindra & Mahindra MD Pawan Goenka and Energy Efficiency Services Ltd. MD Saurabh Kumar to announce public-private partnership to adopt energy efficiency measures in Mumbai.
December West Texas Intermediate Crude Oil futures finished slightly higher last week after posting a strong rally on Friday. There is an upside bias in the market, but crude oil lacks a catalyst to trigger an acceleration to the upside. Helping to underpin prices is the market’s move toward a rebalance of support and demand. … Continue reading Crude Oil Price Update – Edging Toward Upside Breakout Over $53.19 but Needs Catalyst
December Comex High Grade Copper futures hit a three year high early last week before settling into a range. The market was underpinned by improving manufacturing profits in China that pointed to robust growth in the world’s top user of metals. Copper drifted mostly sideways after the initial surge at the start of the week. … Continue reading Comex High Grade Copper Price Futures (HG) Technical Analysis – Trader Reaction to Pivot at $3.1760 Will Set the Tone This Week
Hello traders, let’s see which news releases stand out on Monday, the 23rd of October. Coming up first at 12:30 PM GMT is the Chicago Fed National Activity Index for September. The Index slipped in the negative territory in August as industrial production and personal consumption both went down. Canadian Wholesale Trade for August is … Continue reading Daily Economic Calendar, October 23, 2017
When JiaJia, a Chinese-built robot, did a short Q&A with an AI expert earlier this, year most tech journalists focused on the delay in her responses and her less-than-brilliant answers. Many in China were struck by something quite different: her white embroidered robes and elaborate hairstyle: “Beautiful!” was a common comment. For the occasion she…
From Keith Weiner: Yesterday, the Department of Labor announced that initial jobless claims dropped. Quite a lot. So naturally, markets reacted. The stock market began to rise. The euro rose, at least for a while. And the prices of our… Read more ›
Tanzania’s government has struck a deal with Barrick Gold, following a dispute that saw the company’s African subsidiary taxed a jaw-dropping $190 billion in revised taxes, interests, and fines. The Toronto-based company said it will pay the government $300 million as part of the deal, give the government a 16% stake in its mines, and…