Gold: Looks like QE end wasn’t baked into price after all
Gold price drops 1.7% after Federal Reserve ends stimulus, says rates could rise sooner than "currently anticipated".
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:
Nickel price jumps again – Chinese stocks gone by April
After a brutal two-month sell-off, the nickel price is recovering as Chinese port stocks are depleted and global stainless steel output picks up.
Iron ore price sinks as Beijing cracks down on smog
China imposes strict pollution controls ahead of Beijing APEC summit forcing steel mills to cut output.
How the central bank squandered Switzerland’s gold reserves
If the Swiss vote yes in next month's referendum its central bank needs to buy back 1,500 tonnes of gold sold for $300–$500 an ounce a decade ago.
Vancouver junior surges after Nevada gold, silver intercepts
Corvus Gold announces most significant drill results in terms of grading and width at 100%-owned North Bullfrog project 200km northwest of Las Vegas.
Gold price: ETF investors cash out
The last time gold-backed fund vaults were this empty was September 2009 when gold was trading below $1,000 an ounce.
Anthem Blanchard: Real driver of higher gold prices still intact
The Fed may be winding down its QE program, but negative real interest rates will support gold for the foreseeable future says CEO of Anthem Vault.
Copper mining has a dirty problem
Arsenic in concentrates.
BHP shoots the lights out
Petroleum, met coal, iron ore production set new quarterly records. Fall in copper volumes not enough to dent 9% overall output growth.
Greenland explorer tearing it up after assays
Vancouver-based junior jumps 7% after assays from prospect on 3,600km2 coastal property returns strong copper-nickel-cobalt and platinum group results.
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.