Pre. Settlement | N/A |
Settlement Date | 2023-07-27 |
Open | 23.980 |
Bid | 0.000 |
Last Price | 23.987 |
Day's Range | 23.660 - 24.120 |
Volume | |
Ask | 0.000 |
It might be of some concern to shareholders to see the Aya Gold & Silver Inc. ( TSE:AYA ) share price down 10% in the...
With gold prices gaining so far this year and demand expected to be strong, the near-term outlook of the Zacks Mining - Gold industry looks promising. One can watch stocks like FNV, GFI, AU and AGI, backed by their growth prospects.
Gold slipped on Friday as hotter-than-expected U.S. jobs data lifted Treasury yields, but was on track for a weekly gain as a higher unemployment reading kept alive hopes that the Federal Reserve would pause interest rate hikes. U.S. nonfarm payrolls grew by 339,000 in May, beating expectations for an increase of 190,000, but the unemployment rate rose to 3.7% from a 53-year low of 3.4% in April. Benchmark 10-year Treasury yields rose, and the dollar ticked up, making the greenback-priced, zero-interest-bearing bullion less attractive.
We got a positive debt ceiling vote late yesterday. So the question in markets today is, NOW what?
Crude prices fell again, putting the oil market on track for its biggest monthly decline since September and raising pressure on OPEC+ to deepen output cuts when the cartel meets this weekend. The slide is a symptom of slowing global growth as central banks press ahead with interest-rates increases and [China stumbles out of Covid-19 lockdowns](https://www.
Gold firmed on Wednesday supported by lower Treasury yields but the dollar's strength, with more interest rate hikes in the offing and optimism about a U.S. debt deal kept bullion on course for its first monthly dip in three. Spot gold was up 0.4% at $1,966.89 per ounce by 1418 EDT (1818 GMT) on weaker-than-expected Chicago Purchasing Managers' Index (PMI) data, before paring some gains on stronger U.S. jobs data. "We've had kind of a push-pull effect," amid support from lower yields and pressure from the dollar, said David Meger, director of metals trading, High Ridge Futures.
BHP Group's (BHP) collaboration with Microsoft will help improve copper recovery at the Escondida mine with the help of artificial intelligence and machine learning.
At 10:15 a.m. ET (14:15 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 119.96 points, or 0.6%, at 19,847.99. The energy sector fell 2.0% and weighed the most on the TSX, tracking declines in crude oil prices.
Optimism over a US-debt deal agreement weighed on gold prices as investors once again gravitate towards riskier assets.
Gold prices hovered near two-month lows in holiday-thinned trading on Monday as the U.S. debt ceiling agreement eased investor worries, while chances of the Federal Reserve raising rates dampened the demand for bullion. Spot gold was mostly unchanged at $1,946.28 per ounce by 9:51 a.m. EDT (1351 GMT), while U.S. gold futures inched up 0.1% to $1,945.50. "Until a couple of days ago, a majority of investors were betting that the Federal Reserve was remaining steady with rates and would not raise them in the coming month," said Carlo Alberto De Casa, external analyst at Kinesis Money.
Investing.com -- Gold prices fell on Monday, extending three weeks of losses as strong inflation readings boosted the dollar and ramped up expectations of more interest rate hikes by the Fed, while fears of a U.S. debt default eased.
This article explores Rhenium production by top 10 countries. You can skip the detailed industry analysis and jump straight to the Top 5 Countries by Rhenium Production. With an impressively high melting point, superb heat resistance, and extraordinary electrical conductivity, Rhenium finds extensive use in aerospace applications, where it is incorporated into high-temperature superalloys. This […]
Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum with Binance and Astaria entering the market.
Silver X Mining ( CVE:AGX ) First Quarter 2023 Results Key Financial Results Revenue: US$4.58m (up 123% from 1Q 2022...
LOS ANGELES, CA - (NewMediaWire) - May 25, 2023 - (InvestorBrandNetwork via NewMediaWire) - IBN, a multifaceted financial news, content creation and publishing company, is utilized by both public and private companies to optimize investor awareness a...
Gold gave up some gains on Friday and was on course for a third straight weekly loss on the likelihood of a last-minute debt ceiling deal and as a hotter-than-expected U.S. inflation gauge raised bets for rates to stay higher for longer. The White House and congressional Republicans aim to put the final touches on a deal to raise the debt ceiling for two years. "Despite positive noises coming from D.C., a debt deal may still be difficult to get through before June 1," said Tai Wong, a New York-based independent metals trader.
Investing.com-- Gold prices hovered around two-month lows on Friday and were set for steep weekly losses as concerns over raising the U.S. debt ceiling and expectations of high interest rates saw investors pivot into the dollar.
Penny stocks are generally associated with short term speculative investments. It’s a myth that penny stocks are purely speculative, when, in fact, there are potential multi-baggers out there. Granted, penny stocks do carry a significantly higher risk. It’s why careful screening is essential, which we’ve done here today. This column focuses on some of the top potential multi-bagger penny stocks for long-term investment. This includes sound business models and a decent balance sheet. CRON Cronos
B2Gold (BTG) benefits from improved mine performances and the recent pick up in gold price. However, inflationary costs are worrisome.
Beijing’s quest to secure supplies of the metal is leading it to buy up stakes in mines throughout the developing world.
Actions speak louder than words. But the right (or wrong) words from the Fed can fuel a big reaction in gold. Just be sure to stay focused on the fact that we are in the closing stages of a four-decade-plus trend of ever-lower rates and ever-easier money, notes Brien Lundin, editor of Gold Newsletter.
Periods of inflation have often boosted the precious metal. This time it is also being bought by central banks worried about geopolitical risk
(Bloomberg) -- The one bright spot in Canadian equity capital markets this year has been mining and metals companies. But whether that’s a glass half full or half empty for this sector is up for debate.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeChina’s New Covid Wave Set to See 65 Million Cases a WeekRussia Pushes India for Help to Avert Global Financial IsolationLuxury Stocks Lose $30 Bill
Silver could hit $30 per ounce highs over the next six months to a year, with imminent support seen from buyers eyeing value in the metal after its sharpest price slide in a month since February, Citigroup says. “We think recent price weakness offers a strong dip-buying opportunity, reiterating our call for $30/oz silver over the next 6-12 months as U.S. growth rolls over, even if emerging markets growth stagnates,” Citi’s analysts said. “We expect silver would rally in anticipation of the fall in U.S. interest rates and real yields that will likely accompany an anticipated rollover in U.S. growth in Q4’22 or early 2024,” Citi’s analysts said.
Gold prices rebounded from their earlier losses on Tuesday, as yields fell and the dollar retreated from its highs, while another round of U.S. debt ceiling talks ended without much progress. Gold rose from session lows on reports of further negotiations over raising the debt ceiling, said Daniel Pavilonis, senior market strategist at RJO Futures. Representatives of President Joe Biden and congressional Republicans ended another round of debt-ceiling talks with no signs of progress as the deadline to raise the government's borrowing limit or risk default ticked closer.