Gold price retreats as Fed stands pat on policy
Analysts and traders slashed their gold price forecasts in a poll earlier this week.
Latest Stories
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.
Risks to Great Barrier Reef could thwart tycoon’s coal plans
A final decision on rejecting or approving Clive Palmer’s plans is expected within the next 30 days.
Bacteria may be used to source high-grade copper – study
Bacteria found in mines are able to transform toxic copper ions to stable single-atom metallic copper.
