When Fed takes the punch bowl away, stick to gold
The Fed is taking the punch bowl away. The hangover is coming. The best cure is – except for the broth – gold.
Latest Stories
LME delays by seven weeks requirement for OTC reporting
The delay to Sept. 5 from the original implementation date of July 18 was to ensure that data is reported properly and accurately, the LME said.
UK fast-charging battery startup Nyobolt raises $59 million
Nyobolt has been developing battery anodes using niobium and tungsten that could enable EVs to charge in minutes.
Gold price set for longest run of weekly losses since 2018
Bullion has come under relentless pressure in the past month as investors turn to the greenback in the face of an increasingly hawkish Federal Reserve.
CanAlaska discovers new uranium zone at West McArthur project in Saskatchewan, stock surges
West McArthur is situated in the Athabasca Basin in Saskatchewan, between 6-30 km to the west of the world's richest uranium mine: Cameco's McArthur River.
Column: President Biden’s climate ambitions are all but dead
A proposal championed by the White House to spend around $555 billion on climate and clean-energy measures have stalled.
Gold Fields unlikely to further sweeten Yamana deal — CEO
Chief executive Chris Griffith says Yamana Gold’s shareholders are warming up to $6.7 billion takeover offer.
Wesdome shares fall after missing analysts’ Q2 forecasts
The company’s total gold production fell by 10% to 27,240 oz. in the second quarter of 2022.
Column: China’s sluggish commodity imports set to improve, but risks abound
Overall, China is at a very different point in its economic cycle to much of the rest of the world, writes Clyde Russell.
