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Britain’s longest-ever ruling monarch, Queen Elizabeth II, turns 92 today (April 21). Living through the terms of 21 UK prime ministers and 16 US presidents, she has reigned for 65 years as one constant in a world that has enormous change. Through photos from the year she was born to present day, here’s a look…
Investing.com – Gold prices remained on course to snap a two-week winning streak as safe-haven demand faded amid easing geopolitical concerns, while continued dollar strength added to downside momentum.
Shipping industry hopes that so-called sulphur scrubbers are a quick-fix solution to compliance with drastic emissions reduction demanded by 2020 are somewhat misguided, one of the world's biggest manufacturers of the equipment told Reuters. The International Maritime Organization's (IMO) cut to the amount of sulphur the world's fleet can emit will have massive implications for shippers, oil refiners and even crude oil producers. Scrubbers that strip sulphur as fuels are burned allows ships to continue using high-sulphur fuel oil, and Finland's Wartsila Marine Solutions is taking in record orders as the 2020 deadline draws nearer.
China spent millions of dollars exploring an oil play in Sudan with underwhelming results, but it seems they may have made a billion dollar mistake
In this part of our series, we’ll look at the correlation between gold and four mining stocks: Franco-Nevada (FNV), Coeur Mining (CDE), Kinross Gold (KGC), and Eldorado Gold (EGO). Mining stocks mostly move with gold prices, but not always. Among these four miners, Kinross has shown the highest correlation with gold this year, while Eldorado Gold has seen a negative correlation.
Usually, precious-metal-mining companies follow precious metals. Precious metals have risen over the past few days, supporting mining companies.
Unrest in Syria played a role in precious metals rising on Friday, April 13. The day before, Donald Trump discussed how to address a recent Syrian poison gas attack. He threatened missile strikes, which were eventually carried out, on Saturday.
Investing.com – Gold prices were slightly higher on Thursday while the U.S. dollar steadied amidst higher U.S. 10-year treasury yield.
The Silver markets had a quiet opening to the trading session on Wednesday, but then broke significant resistance, slicing through the $17 level rather rapidly.
Investing.com – Gold prices remained supported as a subdued dollar continued to underpinned upside in the precious metal despite easing geopolitical tensions.
The gold market continued to be choppy during the Tuesday’s session as it pulled back towards the $1338 level to find buyers again. The silver prices were volatile during the Tuesday’s session initially moving towards the $16.50 level but found enough support just above the $16.55 level to continue moving higher as the traders got bullish. The US dollar will continue to influence this market and as USD is falling value, the silver market will trade higher.
Former first lady Barbara Bush, a source of guidance and love to both her husband and son during their White House stints, according to friends, has died at age 92, Her passing was announced on Twitter by a family spokesman. Bush held the rare distinction of having been both the wife of a US president,…
In Aug. 2016, Ethiopia’s Olympic marathon silver medalist Feyisa Lilesa crossed his hands above his head as he finished the race in Rio—calling the world’s attention to a wave of protests in his home country. The gesture of solidarity with the demonstrations snubbed Olympic protocol, but it further championed the Oromo demands for political reform…
While gold miners have been out of favor for a long time, that might be about to change. Since the uncertainty in the market is increasing, gold prices are poised to rise. This rise should be followed by gold miners (GDX), which are essentially a leveraged play on gold prices.
ESPN will eighty-six FiveThirtyEight, the statistics-driven news-and-analysis site led by Nate Silver. But the news outlet will go back to square one at ABC News. In an unusual transfer of corporate assets, Walt Disney’s ABC News said it would acquire Silver’s much-scrutinized operation from sibling ESPN. Financial terms were not disclosed. FiveThirtyEight is expected to continue […]
The gold prices managed to move higher to reach the $1350 level after initially pulling back. The short-term resistance in the market is placed at $1353 level and if it clears then the gold prices should reach $1360 level and above. In the lower side, the $1335 level offers a strong support and is unlikely to be broken. A clearance above $1400 level will be a buy and hold position for traders. …Read MoreSilver
Investing.com – Gold prices struggled to capitalise on dollar weakness as fears of a wider conflict in Syria in the wake of recent U.S.-led military intervention receded, denting safe-haven demand.
With an ROE of 11.77%, Fortuna Silver Mines Inc (TSX:FVI) outpaced its own industry which delivered a less exciting 9.02% over the past year. Superficially, this looks great since weRead More...
Investing.com - Gold prices swung between small gains and losses on Monday despite heightened geopolitical risk as markets assessed the fallout from U.S.-led missile strikes on Syria on Friday.
Analysts polled by Thomson Reuters have estimated revenue of $2.8 billion for CSX (CSX) in 1Q18. Compared to the railroad company’s ~$2.9 billion revenue in the same quarter of 2017, analysts’ estimate reflects a 2.6% fall YoY (year-over-year), suggesting that analysts have factored volume losses and competitive losses into the company’s 1Q18. For 2018, analysts expect CSX to register $11.5 billion in revenue, reflecting a 1.2% rise on a yearly basis.
The gold prices rolled over a bit during the Thursday’s session as geopolitical tension involving US and Russia started to relax a bit. Given enough time, the market is likely to resume its upward trend with $1350 as a first resistance level and then at $1375 level. The silver market broke down a bit during the Thursday’s session slicing through the $16.60 level.