Will Powell lull gold bulls to sweet sleep?
The Fed’s inaction has made the US central bank more dovish given the better economic outlook and higher inflation.
Latest Stories
Copper price tops $10,000 a tonne for first time in ten years
Economies reopening coupled with massive stimulus, faster-than-expected vaccine rollouts, and supportive fundamentals all point to even higher prices, said ING Bank.
Gold price retreats as Fed stands pat on policy
Analysts and traders slashed their gold price forecasts in a poll earlier this week.
Greece approves Eldorado Gold’s tailings plan for Skouries
Permit is a one of the key items required to restart construction at the Skouries copper-gold project in northern Greece.
India health crisis set to crimp nascent rebound in gold demand
Purchases in the world’s second-biggest consumer jumped 37% in the January to March period.
Global gold demand at 13-year low as China buys but investors sell – WGC
Traditionally seen as a safe asset, investors bought gold in unprecedented quantities last year as the coronavirus swept through the world economy.
Caterpillar flags supply chain risks as global recovery boosts earnings
Company said global shortage of semiconductor chips could affect its ability to keep up with increasing customer orders.
Newmont shares drop on covid-19 hits in South America, Canada
World's top gold producer warned of production impact in Argentina and Peru, idles Ontario mine.
Polyus becomes world’s largest gold miner by reserves
Company said that its total proved and probable ore reserves had risen by 71% to 104 million ounces of gold at the end of 2020.
