Inflation advances, and so does gold — except that it doesn’t
It seems that until the Fed tapers its quantitative easing, gold will remain under downward pressure.
Latest Stories
Gold trading in Moscow gets a boost after London tie-up
The bourse in September started a link so users can trade spot gold at London prices using its own clearing system and with international banks.
Angola’s Catoca says tailings leak contained no heavy metals
Catoca said the leak only contained rocks and clay from a tailings basin, which altered the oxygen levels in a tributary of the Congo river.
India’s gold demand faces slowing savings rate, farm wages risk
Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages, according to the World Gold Council.
SolGold expands Cascabel resource endowment with maiden estimate for TAM deposit
The TAM deposit lies approximately 3 kms north of the Alpala deposit, the main target in the Cascabel concession.
Alrosa says diamond sector “fully recovered” from pandemic hit
A structural production decline paired with growing end-user demand are pushing prices past levels reached in 2019.
Dalian iron ore price up on falling shipments from major suppliers
Iron ore shipments that departed from Australia and Brazil stood at 23.54 million tonnes in the week ended Oct. 17, down 589,000 tonnes from the previous week.
Vale may offer clues on what direction iron ore markets are heading
The miner has 2021 production guidance of 315 million to 335 million tonnes, with BI analysts assuming it reaches the low end of that range.
Home: European smelter cuts catch zinc looking the wrong way
It's still unclear what the impact of Europe's power crunch will be in terms of lost metal, writes Andy Home.
