|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||3.68 - 3.77|
|52 Week Range||3.06 - 4.70|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.07 (1.97%)|
|1y Target Est||4.49|
Of late, the most crucial factors affecting gold prices are the US dollar and the potential change in the US interest rate. Precious metals are highly sensitive to movements in Treasury rates, as gold and Treasuries are competitors as haven assets. As investors await the Federal Reserve’s meeting in a few days, there’s a high chance that the interest rate will rise.
Ghana’s largest mineworkers’ union plans protests and strikes throughout operations in the country if the government allows Gold Fields Ltd.’s local unit to dismiss more than 2,000 staff as it starts the ...
Is Gold Set to Remain Higher for Longer as Volatility Soars? US consumer prices posted their largest gain in the last 12 months through January 2018, which strengthened expectations of firming price pressures in the US economy for the year. The Federal Reserve’s preferred gauge of inflation—personal consumption expenditure (or PCE) inflation—rose 0.4% in January 2018. This increase followed a 0.1% rise in December 2017, which is its largest gain since January 2017.
VANCOUVER , March 1, 2018 /CNW/ - Trading resumes in: Company: Gravitas Financial Inc. CSE Symbol: GFI – ALL ISSUES Resumption (ET): 3:30 PM IIROC can make a decision to impose a temporary suspension (halt) ...
VANCOUVER , March 1, 2018 /CNW/ - The following issues have been halted by IIROC: Company: Gravitas Financial Inc. CSE Symbol: GFI (all issues) Reason: At the Request of the Company Pending News Halt Time ...
Ghana will certify the value of gold exports as part of efforts to tighten controls on the sector to ensure the state receives the revenues it is due, the vice president said on Tuesday. Ghana, Africa's second largest gold miner after South Africa, earned $5.78 billion from exports of the metal last year, up 17.6 percent on 2016, central bank data showed. Vice-President Mahamudu Bawumia told a regional meeting on the oil and mining sectors that Ghana's previous administration had allowed companies to assay gold produced from their mines themselves.
South Africa's new leadership headed by newly-elected President Cyril Ramaphosa is a 'credit positive' for many of the country's top gold and platinum miners. It added that a resolution of issues around ...
NEW YORK, NY / ACCESSWIRE / February 14, 2018 / Gold Fields Limited Sponsored ADR (NYSE: GFI ) will be discussing their earnings results in their Q3 Earnings Call to be held on February 14, 2018 at 9:00 ...
JOHANNESBURG , February 14, 2018 /PRNewswire/ -- Gold Fields Limited (NYSE: GFI) (JSE: GFI) announced normalised earnings from continuing operations of US$141 million for the year ended December 2017 compared ...
What Caused the Slump in Precious Metals and Miners? Another element besides the fluctuations of the US dollar that could have led to the fall in precious metals is the US interest rate. The Fed has kept investors on their toes with the rise in interest rates playing on the equity market slump.
Could Gold Catch a Bid if Equities Stay Weak in 2018? The Federal Reserve has long been expecting inflation to pick up. Its targeted 2% inflation rate has been eluding it for more than five years, but the latest US jobs report indicates that inflation could finally get a boost.
South Africa's rand edged firmer on Thursday but remained above the crucial 12.00 mark against the dollar as the continuing stalemate over President Jacob Zuma's future capped demand. Stocks fell on Thursday led by mining firm Gold Fields after the firm flagged lower earnings. The unit this week has struggled to push beyond last week's rally to 11.8500, a touch off its 2-1/2 year best, with optimism over the speedy removal of Zuma from office waning, leaving the currency open to profit-taking.