Gold price surge: the fear trade is back
Oil's precipitous decline, a looming emerging market currency crisis and the retreat in equities see investors flocking back to gold.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
CHART: Gold price rallies into teeth of rabid dollar
Based on past performance of the gold price relative to the dollar index, gold should be touching $1,100 an ounce now.
Gold price jumps $1,200
Rampant US dollar and fresh oil sell-off can't stop gold bulls as euro fears return to wallop equities.
Mining in 2015: Copper price topped
No rally for the red metal in 2015, but all bets are off if China's State Grid Corp finally deploys its $65 billion fixed investment budget.
Mining in 2015: Zinc price with zing
Zinc prices will continue to gain in 2015, but all bets are off if a not unlikely stockpile shock panics buyers.
Mining in 2015: Nickel price promises much
Everything nickel had going for it in 2014 will only become more evident during 2015, but all bets are off if Indonesia even partially lifts ore ban.
Iron ore price surges 5%
China's $800 billion stimulus program lights fire under iron ore price on Tuesday, now up 8.5% from five-year lows a week ago.
The great gold, silver ETF year-end liquidation sale
Physical gold ETF holdings drop to fresh 2008 Lehman-lows and silver investors pull out nearly 300 tonnes – the worst weekly performance in 19 months.
CHART: $1,200 gold price the new normal?
A decline towards the $1,100 mark turns 60% of the industry into loss makers on an all-in basis.
German central bank: We’re still taking back our bullion
Bundesbank confirms Germany's gold repatriation plan is still in place, but can't say if more than 2013's five measly tonnes were brought back from the US.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.