Gold closely tracks debt-to-GDP ratio
Historically, we know that as the percentage of debt to GDP rises, so does gold.
Latest Stories
Gold ETFs hit record high in Q1
For the month of March, gold ETFs added 151 tonnes for a net inflow of $8.1 billion, boosting holdings to a new all-time high of 3,185 tonnes, the WGC said.
Codelco says copper production, sales hitting targets amid coronavirus outbreak
The world's top copper miner maintains operational continuity at its mines.
Greenland waives mineral exploration license obligations for 2020
The government is also considering two additional relief measures for the mining sector.
In uncertain times, global metals exchange volumes surge
LME's average daily activity jumped by 15% in March to 794,139 contracts, the highest monthly total since April 2018.
Newcrest stays operative, sets up covid-19 fund
The Australian miner established an A$20-million support fund to help communities and researchers.
Outotec to provide processing tech for First Majestic’s Mexico projects
First Majestic will adopt new processing technology at the San Dimas mine.
Sumitomo warns pandemic, oil price fall to hit profit
The company suspended operation at its San Cristobal mine in Bolivia and its Ambatovy nickel mine in Madagascar.
Eramet halts Argentina lithium project on coronavirus crisis
Eramet had already put the project on hold in February, citing economic and regulatory instability in the country.
