Anglo American PLC said Thursday that production in the third quarter was broadly flat on year and it expects sales in the fourth quarter to be affected by the normal Read more
Tag: mining
Opinion: A revival in innovative manufacturing is playing a key role in supply chains across America
The country is less famous for manufacturing these days, but here’s what some may not know: We still make things — a lot of them. And what’s leading the way? Read more
Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff
While Intel INTC, +0.71% executives reportedly dreamed of a valuation as high as $50 billion, the market for initial public offerings has crashed in 2022 after a record year in Read more
Gold prices soften as strong dollar and higher yields take their toll
Gold and silver prices continued to soften on Tuesday as a strong dollar and higher government-bond yields continued to take their toll on precious metals. Price action Gold futures for Read more
Mortgage rates surge to 6.94%, a 20-year high, leading to steep decline in home sales
The numbers: Mortgage rates have risen to the highest level in 20 years. The 30-year fixed-rate mortgage averaged 6.94% as of October 20, according to data released by Freddie Mac Read more
Here’s why gold has been a disaster this year despite geopolitical instability and stock market volatility
Gold has been a store of wealth for millennia and in more recent times the price of gold has tended to move inversely with equities and dollars, providing investors with Read more
Gold slips to 2½-year low as U.S. bond yields march higher
Gold prices briefly slipped to their lowest level in 2½ years on Friday as U.S. Treasury yields continued to storm higher, causing ructions across financial markets. Price action Gold futures Read more
What happens if more buyers refuse metals like aluminum from Russia? The LME doesn’t want to find out
Speculation that the U.S. is considering a ban on aluminum from Russia contributed to a brief spike in prices for the metal a week ago, but some consumers have already Read more
Gold, silver climb as traders see chance of less aggressive Fed rate rises
Gold and silver prices traded higher on Thursday as prices for the precious metals continued to seesaw this week alongside the U.S. dollar and Treasury yields. Price action Gold futures Read more
Gold, silver retreat as Kashkari hints at more rate hikes past 4.75%
Gold and silver prices retreated on Wednesday as the U.S. dollar strengthened and Treasury yields advanced further beyond the 4% mark. Price action Gold futures due in December GCZ23, -0.96% Read more