Gold

Van ECK Associates Boosts Stake in AngloGold Ashanti
November 04, 2024 03:54 AM AEDT| By Team Kalkine MediaHeadlines,Van ECK Associates Corp enhances stake in AngloGold Ashanti plc,(NYSE:AU),Notable increases in holdings from various institutional investors,AngloGold Ashanti remains a significant part of Van ECK's investment portfolio,Van ECK Associates C...

Gold prices decline as dollar strengthens, but downside is limited; Palladium shows greater upside potential
October 28, 2024 05:37 PM AEDT| By InvezzGold prices were under pressure on Monday as the dollar and US Treasury yields rose, denting demand for the precious metal. Easing concerns over a bigger conflict in the Middle East also dampened safe-haven demand for the yellow metal on Monday...

Gold hovers near record highs amid geopolitical tensions; palladium surges on sanction risks
October 25, 2024 02:55 AM AEDT| By InvezzPrices of major precious metals were trading in the green on Thursday as rising geopolitical tensions in the Middle East buoyed safe-haven buying among investors. Gold and silver prices were hovering near their recent highs as Israel stepped up...

GLD vs IAU vs GDX: one is the best gold ETF to buy today
October 21, 2024 05:01 PM AEDT| By InvezzGold price has gone parabolic, rising for five consecutive days, and reaching a new all-time high of $2,730. It has jumped by almost 32% this year, making it one of the best-performing commodities this year. Gold has also soared by almost 85% i...

Agnico Eagle Mines: $0.40 Dividend Signals Financial Strength
October 21, 2024 12:11 PM AEDT| By Team Kalkine MediaHeadlines,Agnico Eagle Mines announces a $0.40 dividend payment.,Strong cash flows support the sustainability of dividends.,Positive earnings growth indicates potential for future payouts.,Agnico Eagle Mines Limited,(NYSE:AEM),is set to distribute a...

Long Gold: bullish momentum builds amid geopolitical tensions, weak US data, and falling treasury yields
October 17, 2024 12:38 AM AEDT| By Invezz
Gold prices climb on safe-haven demand and rate cut expectations; bulls target record $2,700/oz
October 16, 2024 06:45 PM AEDT| By InvezzGold prices have climbed in the last few sessions to trade near its all-time high on Wednesday. Prices have been supported as traders maintained bets that the Federal Reserve will cut interest rates further. Lower interest rates bode well...

Gold buoyed by rate cut bets; copper market disappointed with China stimulus
October 14, 2024 08:06 PM AEDT| By InvezzGold prices steadied on Monday after falling earlier in the session as traders weighed disappointing economic data from China against US rate cuts bets. Among industrial metals, copper prices slipped on Monday as China failed to announce a mean...

Newmont Corporation (NYSE: NEM) to Sell Akyem Operation in Ghana to Zijin Mining for Up to $1 Billion
October 09, 2024 06:15 PM AEDT| By Team Kalkine MediaHighlights,Newmont announces the sale of its Akyem operation, part of a strategic divestment.,The transaction aligns with Newmont’s focus on strengthening its Tier 1 asset portfolio.,Proceeds will enhance the balance sheet and return capital to share...

Is the rally in gold and copper prices losing steam?
October 09, 2024 12:45 AM AEDT| By InvezzThe metals market was disappointed with China’s top economic planner as it failed to offer any specific further stimulus measures on Tuesday. Gold and copper prices took a hit on Tuesday, and the recent rally in prices of both these metals is i...

North Bay Discovers Valuable Metals at Mt. Vernon
October 05, 2024 02:53 AM AEST| By Team Kalkine MediaHighlights,North Bay Resources has announced high-grade assay results from underground sampling at its Mt. Vernon Gold Mine, including significant amounts of gold, platinum, palladium, and rhodium.,The assay results confirm previous findings, indicat...

Gold hits $2,660, silver at $31.8 as economic uncertainty fuels demand for precious metals
September 26, 2024 12:27 AM AEST| By InvezzAmid ongoing economic turmoil and geopolitical uncertainty, precious metals are demonstrating remarkable resilience, with both gold and silver experiencing significant price increases. On Wednesday, gold reached an impressive $2,660 per ounce, while...

Gold price forecast: no end in sight for the XAU surge
September 25, 2024 05:59 AM AEST| By InvezzGold price hit a fresh record high on Tuesday, building on the rally that has seen the metal’s prices surge by over 6% since the start of September. As at the time of writing, the precious metal has pulled back to trade at $2,652.75 per ounce after r...

Gold Set to Reach $3,000: Here’s How to Capitalize
September 20, 2024 06:31 AM AEST| By Team Kalkine MediaHeadlines,Gold’s Recent Surge,: Gold has recently surpassed $2,600 per ounce, driven by a 25% increase this year and a notable shift in U.S. interest rates.,Federal Reserve Influence,: The Federal Reserve’s commitment to reducing interest rates has s...

Barrick Gold Stock Underperforms Despite Rising Gold Prices
September 18, 2024 05:57 PM AEST| By Team Kalkine MediaBarrick Gold Corporation has seen its stock gain around 14% year-to-date, currently trading at about $21 per share in the,gold sector,. However, this falls behind the S&P 500's 18% rise during the same period. Despite a surge in gold prices, which ha...

Greatland Gold Secures Full Subscription for Retail Share Offer
September 13, 2024 08:31 PM AEST| By Team Kalkine MediaGreatland Gold PLC has successfully completed a retail share offer within,Gold Sector,, raising the maximum amount of £6.7 million (approximately US$8.8 million). This fundraising effort was conducted through the Primary Bid platform, and the entire...

Centamin to Be Acquired by South African Gold Giant
September 10, 2024 09:15 PM AEST| By Team Kalkine MediaCentamin plc has announced an agreement for a $1.9 billion acquisition by Harmony,Gold (sector),Mining Company Limited (JSE), a leading South African gold producer. This deal marks a significant consolidation move in the mining sector and reflects Ha...

Short Gold: Repeated rejection at $2,560 resistance, weak price action below $2,530 signals further downside
September 09, 2024 08:40 PM AEST| By Invezz
Gold's Resilience: Why Barrick Gold Remains Attractive Near 52-Week Highs
September 07, 2024 01:25 PM AEST| By Team Kalkine MediaHeadlines,Gold's status as a safe haven is growing due to central bank purchases, geopolitical tensions, and expectations for Fed rate cuts. Recent highs for gold futures and spot prices underline its strong performance.,Leading financial institution...

Gold's Ascent: Key Factors Driving the Precious Metal's Surge
September 04, 2024 10:45 AM AEST| By Team Kalkine MediaHeadlines,Gold's value continues to rise, supported by de-dollarization, central bank acquisitions, and geopolitical uncertainties.,Major gold ETFs, including GLD, IAU, and BAR, offer accessible options for those seeking exposure to gold's performanc...