What happens to gold if the USDX keeps “bottoming”?
The current indication is bullish – the back-and-forth in the USDX triggers gains in the miners, which are strong relative to gold.
Latest Stories
Rio Tinto revising cost of Serbia lithium project
Rio is the only major mining company to bet heavily on lithium.
Lucid inks US graphite deal in bid for domestic battery material
The agreement with Vancouver-based Graphite One helps further integrate a domestic supply chain for components in Lucid’s lineup.
Cobalt Holdings drops London IPO plans
The company previously aimed to raise as much as $230 million, which would have been the largest mining IPO in London since 2022.
Hudbay pauses Snow Lake mine in Manitoba due to wildfire
Despite the temporary halt, Hudbay management still expects to achieve its 2025 annual guidance for Manitoba.
EU adds 13 new critical mineral projects abroad
Brussels expands raw materials push amid China's export curbs.
Gold price holds above $3,350 on trade uncertainty, jobs data
Gold is up around 28% this year, just $150 below an all-time high.
Nevada King bumps Atlanta gold project resource by 122%
The Atlanta gold mine project’s overall tonnage in those categories now totals 27.7 million tonnes grading 1.14 grams gold per tonne.
Defense Metals eyes $250M financing for British Columbia rare earth project
Canada’s export credit agency expressed its interest in participating as a mandated lead arranger for the debt financing package.