Gold & the USDX: correlations
Even if the USD Index is to decline further from here, the implications are not particularly bullish for the precious metals market.
Latest Stories
Newmont’s Musselwhite mine ramping up to full operations
Commercial production has been restored at the mine's conveyor system.
US gold futures beginning to overcome coronavirus shock
More than 400,000 December contracts representing over 40 million ounces of gold have been swapped this month for futures expiring in February.
Gold price rebounds on stimulus bets, weak dollar
Gold registered its worst monthly performance in four years in November.
Sanatana Resources to acquire Solomon Islands gold project
This week, the Solomon Islands Ministry of Mining granted Sanatana a letter of intent over the Sutakiki mineral tenure.
Centamin unveils three-year plan for Sukari gold mine
The company aims to boost the Egyptian mine's output and efficiencies.
SSR tables study on Copler production scenarios, adds flotation circuit
Intermediate producer has released an independent ‘Master Plan study’ for the company’s 80%-held Copler district in Turkey.
Marathon Gold tests new section of Sprite Corridor; preps for Q1 Berry estimate
The Sprite Corridor hosts the main Marathon deposit and the recently discovered Berry deposit, the focus of most of the company's recent exploration drilling.
Iamgold extends system to the west at Nelligan
Drill highlights from the Renard West zone include 21.8 metres of 2 g/t gold and 23.2 metres of 1.72 g/t gold.
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