Gold demand to soar as festive season kicks off in India
But investors hoping the festive season in the world's second-largest gold buyer will boost the metal’s ailing price are likely to be disappointed, analysts say.
Latest Stories
Taseko Mines buying Curis Resources for Arizona copper project
The all-share deal that guarantees Taseko access to the advanced-stage Florence copper project.
Ex-Codelco boss to lead power firm, push for Chile’s most controversial project
Colbun hopes to keep the massive $9 billion HidroAysen power project alive.
Canadian junior to acquire gold project in Australia
Vancouver’s Monument Mining (TSX-V:MMY) has entered into an agreement to purchase 100% of the Tuckanarra gold project in Western Australia.
Double-digit unemployment for Australia’s minerals professionals
The gloomy figure includes geologists and mining engineers.
How the India-China trade summit could rock iron ore
Reviving the China-India ore trade which peaked at 120mtpa in 2009 could be part of a grand bargain when Modi and Xi meet for the first time in New Delhi.
Agnico Eagle to buy Cayden Resources for $205m
Mostly shares-based deal will see Toronto-based Agnico Eagle acquire two highly prospective Mexican gold properties.
Investors, speculators leaving gold market in droves
After massive weekly drop gold-backed ETF holdings come perilously close to 4-year lows, while hedge funds slash bullish bets on gold and silver.
Sprott’s Charles Oliver: Gold at $1,500 by Christmas?
Gold and silver prices are being repressed by central banks, but Sprott Asset Management's Charles Oliver argues that demand pressure will cause this dam to burst sooner rather than later.
