Gold prices traded slightly higher on Thursday and may snap a 7-day losing streak, the longest string of losses for the yellow metal in more than three years. Price action Read more
Tag: Metals/Mining
Here are some of the challenges gold investors face in the second half of 2022
Gold investors face a “challenging” market environment in the second half of the year after an essentially flat performance for the precious metal in the first six months of 2022, Read more
Gold hits 8.5 months low, silver weakest in 2 years
Gold slipped further on Wednesday, trading at its lowest level since the start of the year, as the U.S. dollar marched higher. Price action Gold futures GC00, -0.18% GCQ22, -0.18% Read more
Gold weakens as dollar climbs to 22-year high vs. euro
Gold prices weakened again on Thursday, breaking below $1,800 per ounce, as the U.S. dollar climbed to a new 22-year high against the euro. Price action Gold prices for August Read more
With prices skirting a 17-month low, Dr Copper’s prognosis about the global economy is downbeat
Dr Copper has graded the global economy, and noted: “must do better.” The red metal is wryly considered by commodity watchers to hold a Ph.D in economics, because its use Read more
Energy leads commodities surge with oil up roughly 50% in first half of 2022
Commodities have performed well so far this year, buoyed by strength in oil on the back of tight supplies, but worries that the economy is headed for a recession has Read more
Chinese lithium producer Tianqi seeks $1.7 billion IPO in Hong Kong
Tianqi Lithium Corp. , one of the world’s largest producers of battery-grade lithium compounds, said Wednesday that it plans to raise the equivalent of up to $1.7 billion in a Hong Kong Read more
Gold rises as European inflation data undermines dollar
Gold traded higher on Wednesday following a batch of inflation data out of Europe that analysts said could push the European Central Bank to act more aggressively. Price action Gold Read more