(Bloomberg) — Gold surged as Japanese authorities intervened to prop up the yen, further driving down the greenback and increasing the appeal of the precious metal. Bullion surged as much as 1.8% on Friday, the most in more than two weeks, and was on pace for a weekly gain, while the dollar and Treasury yields […]
Read MorePermianville Royalty Trust (PVL) Permianville Royalty Trust operates as a statutory trust. It owns a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico. Cassava Sciences, Inc. (SAVA) Cassava Sciences, […]
Read More(Bloomberg) — Gold sank to the lowest level since the early days of the pandemic, caught up in a broad selloff after a slew of central banks followed the Federal Reserve in raising interest rates to cool inflation. Bullion flirted with slipping into a bear market, closing nearly 20% below the all-time high reached in […]
Read More(Bloomberg) — Gold fell to the lowest since April 2020 amid expectations of more aggressive interest-rate hikes by the Federal Reserve despite a fresh round of mixed US data. Applications for US unemployment insurance fell for a fifth straight week, suggesting demand for workers remains healthy despite an uncertain economic outlook. Retail sales unexpectedly rose […]
Read More(Bloomberg) — Barrick Gold Corp. became one of the few major mining companies this earnings season to deliver a positive surprise, navigating cost inflation and production challenges to exceed analysts’ estimates. The world’s No. 2 gold producer on Monday reported adjusted earnings of 24 cents a share for the second quarter versus the 23-cent average […]
Read More(Bloomberg) — Gregg Smith clicked his computer mouse so rapidly to place and cancel bogus gold and silver orders for Bear Stearns Cos. and later JPMorgan Chase & Co. that his colleagues would joke that he needed to put ice on his fingers to cool them down afterward, or that he must be double-jointed. That’s […]
Read More(Bloomberg) — The precious-metals business at JPMorgan Chase & Co. operated for years as a corrupt group of traders and sales staff who manipulated gold and silver markets for the benefit of the bank and its prized clients, a federal prosecutor told jurors in Chicago. “This case is about a criminal conspiracy inside one of […]
Read More(Bloomberg) — Investors cut holdings in exchange-traded funds for silver, platinum and palladium in the second quarter on fears that a potential recession will reduce industrial demand, but gold assets held up because of its role as a haven, and that may persist. Gold-backed ETFs shrank by just over 1% in the three months through […]
Read MoreAssembly Biosciences, Inc. (ASMB) Assembly Biosciences, Inc., a clinical-stage biotechnology company, discovers and develops therapeutic candidates for the treatment of hepatitis B virus (HBV) infection in the United States. The company’s lead product candidate is Vebicorvir, which as completed Phase 2 clinical trials to treat patients with chronic HBV infection. Hycroft Mining Holding Corporation (HYMC) […]
Read More(Bloomberg) — Gold Fields Ltd. agreed to buy Canada’s Yamana Gold Inc. for about $7 billion in shares as the South African miner expands in the Americas. Johannesburg-based Gold Fields will offer 0.6 of one of its shares for each Yamana share, the company said in a statement. Based on the ten-day volume weighted average […]
Read MoreClick the symbol for the chart and signal Royal Gold, Inc. (RGLD) Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production. Franco-Nevada Corporation (FNV) Franco-Nevada Corporation operates as a gold-focused royalty […]
Read More(Bloomberg) — Russia’s huge gold industry is searching for new ways to sell its metal, such as exporting more to China and the Middle East, as sanctions choke off its traditional sales routes. The second-biggest bullion miner is finding European and U.S. markets largely closed because of a ban on newly produced Russian gold, and […]
Read MoreGold prices marched higher Monday, as investors fled to havens amid declines in stocks. DAVID GRAY/AFP/Getty Images Stocks plunged Monday and investors sought havens as oil prices hit the highest level since 2008, driven higher by supply fears amid a possible ban from the U.S. and allies on Russian crude. Futures for the Dow Jones […]
Read MoreIAMGOLD Corporation, through its subsidiaries, explores for, develops, and operates gold mining properties in North America, South America, and West Africa. IAG $3.3300 0.0800 % 2.4600 Iamgold Corp Sector : Basic Materials Industry : Mining – Gold Signal Short Term Trend Long Term Trend BUY UP DOWN Day: 2.46% Wk: 8.47% Mo: 30.59% Yrly: 8.47% […]
Read MoreClick the symbol for the chart and signal Orla Mining Ltd. (ORLA) Orla Mining Ltd. acquires, explores for, and develops mineral properties. The company explores for gold, silver, lead, zinc, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 163,129 hectares located in […]
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