FOMC sees two rate hikes in 2023. Gold didn’t like it!
The newest Fed’s statement and dot-plot indicated a much more hawkish tone among the FOMC members than the markets expected, and gold dropped.
Latest Stories
Hochschild says 27 workers killed in Peru bus accident
The bus was transporting workers from Hochschild's Pallancata operation to the city of Arequipa in the south of Peru.
Fed’s gold futures purge
Gold was crushed this week following the latest Federal Open Market Committee decision.
Iron ore price retreats on news of further restrictions in China
China's state planner said on Friday that it had jointly launched an investigation into coal prices with the market regulator and will crack down on speculation and hoarding.
Copper price slumps as dollar touches two-month high
The most traded July copper contract on the Shanghai Futures Exchange dropped to the lowest since April 15,
Nova acquires royalty on Anglo, Glencore’s jointly owned copper project in Chile
The West Wall project is located in the same geological belt as some of South America's largest copper deposits.
TRU Precious welcomes Sprott as major shareholder, stock jumps
TRU currently holds five gold exploration properties in Central Newfoundland.
Troubled gold miner sold stake for 75% less than rival proposal
Crisis-hit gold miner Petropavlovsk Plc accepted a bid for an iron ore investment, even as another bidder was prepared to pay four times as much.
Home: Metals boom sees the return of physically-backed funds
Nornickel, through its Global Palladium Fund (GPF) arm, has just launched physically-backed copper and nickel investment products on the London Stock Exchange.
