Gold price rebounds nearly 2% on US payrolls data
Spot gold climbed 1.8% to $3,348.31 per ounce to erase all of this week's losses.
Latest Stories
Newmont nets $100M payment related Akyem mine sale
In October 2024, Newmont agreed to sell its Akyem operation to China's Zijin Mining Group for $1 billion in cash.
Lundin Gold strikes Fruta del Norte bonanza
The results are part of the company’s near-mine exploration strategy aimed at extending Fruta del Norte’s 12-year mine life.
US mulls REE price floor to lift output: Reuters
The strategy would build on a recent public-private partnership between the US Department of Defense and MP Materials.
Gold demand in key Asian hubs improves amid price correction
Spot gold hit its lowest level in a month on Wednesday and was headed for third consecutive weekly loss.
Perseus Mining CEO to exit after 12-year tenure
Jeff Quartermaine is set to retire at the end of September.
AngloGold raises dividend after 151% jump in second-quarter profit
Gold production increased by 21% to 804,000 ounces during the quarter.
Eldorado to kick off $1B Skouries mine production in early 2026
The copper-gold project in northern Greece is 70% complete and commercial operations are expected in mid-2026.
Column: Copper market pays the price for forgetting its TACO hedge
The copper market got the tariff right but the products wrong.
