December 29, 2023

Gold price heads for yearly gain as market eyes rate cuts in 2024

Bullion was steady on the final trading day, putting it on track to end the year about 13% higher.

December 29, 2023

Nickel is year’s biggest metals loser, copper manages small gain

Nickel is poised to post an annual drop of more than 40% on the London Metal Exchange, the biggest decline since 2008.

December 28, 2023

Paramount Gold closes $15 million funding with Sprott to advance Grassy Mountain mine

The proposed mine has an initial eight-year life producing 47,000 oz. of gold and 55,000 oz. of silver annually.

December 28, 2023

Biden extends EU steel, aluminum tariff exemption for 2 years

The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production.

December 28, 2023

Spot gold wavers as bond markets rally on rate-cut optimism

Strong demand for Treasuries signalled investors are confident the Federal Reserve will loosen monetary policy next year.

December 26, 2023

Will 2024 be the year for precious metals?

Gold and silver have both held up quite well despite the Fed’s tightening cycle.

December 26, 2023

Gold price inches higher on expectations for Fed rate cuts in 2024

Gold ticked higher as the final week of the year got underway.

December 22, 2023

US claims huge chunk of seabed amid strategic push for resources

The US extended its claims on the ocean floor by an area twice the size of California.

December 22, 2023

US takes aim at financial institutions with new Russia sanctions authority

A new executive order gives Washington the ability to ban products originating in Russia but processed in third countries, such as diamonds.

December 22, 2023

Japan-US ties stronger than ever, minister says amid US Steel scrutiny

Japanese Industry Minister Ken Saito praised his country's ties with the US but declined to comment directly on Nippon Steel's $14.9 billion proposed acquisition of US Steel.