Gold price in the red after centrist Macron wins French election
Gold is trading slightly down from its Friday spot price close of $1,227.90, as investors digest the outcome of the recently-decided French presidential election.
Latest Stories
Deal avoids strike at Collahuasi
A deal between workers and the companies that own the Collahuasi copper mine in northern Chile could mean labour peace at the often-picketed mine for the next three years.
Junior granted mining lease for primary scandium mine; stock rockets 15%
Investors in a small-cap junior focused on the mining of a lesser-known element - scandium - were rewarded on Friday after a favourable decision from the New South Wales government in Australia.
Here’s why the iron ore price is tanking
And why the worst may be over already.
Compared to silver and platinum, gold is getting really expensive
Investors can make money in precious metals without predicting the direction of prices, says Bob Moriarty of 321 Gold, by paying attention to the gold-platinum and gold-silver spreads.
A crude awakening: The global black market for oil
Today’s infographic comes from Eurocontrol Technics Group, and it highlights the global problem of fuel theft.
French elections, Brexit and gold
The main developments in Europe which may affect the gold market – except the turmoil in the still fragile banking sector – are a run-off in France and Brexit. Let’s analyze them and their potential impact on the gold prices.
Anglo’s sale of Drayton coal mine spooks horse breeders
They fear the buyer, Malabar Coal, may revive mining at Drayton, which they claim would have have severe impacts on the area’s profitable stud farms and wineries.
Another BHP investor pressing for oil spinoff, board shake-up
The miner faces another shareholder revolt as Australia’s Tribeca has joined calls by US activist investor Elliott Management for an exit from shale to free up capital.
