Hedge funds came prepared for last week’s gold price plunge
Gold futures and options speculators added 38% to bearish bets on gold price ahead of last Tuesday's crash through $1,300 an ounce.
Latest Stories
‘Believe me, gold prices will go up,’ says Ron Paul
Trump or Clinton, it won't matter.
Randgold Resources’ offices in Mali closed by gov’t
Mines in Mali not affected.
Gold’s plunge could quickly reverse: analyst
Bullion may average $1,400 next year.
Baja Mining may be losing minority stake in Boleo mine
Running at a loss, it cannot afford its share of a recent cash call to continue funding the Minera y Metalúrgica del Boleo mine in Mexico
Uranium miner looking at gold
Aura Energy has set its hopes on a gold deposit next to its uranium Tiris project in Mauritania.
Eritreans’ case against Nevsun can proceed in Canada
“There is a real risk that the plaintiffs could not be provided with justice in Eritrea," said Justice Patrice Abrioux.
NOVAGOLD’s strong cash position provides protection for weak gold prices
NOVAGOLD's third quarter financial results show a balance sheet that should be sufficient to complete permitting of the Donlin Gold project in Alaska, according to National Bank Financial.
Plan Nord: Extracting the most value for Quebec
" Despite the uncertainty around global metal prices, Quebec Premier Philippe Couillard has thrown his support behind a project that has the potential to be transformational for the north of his province."
