Gold steady as Chinese data lifts stocks, euro

Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

Speculators have reduced net-long positions by 3.6%.

Nine drill rigs are working a 30,000-35,000 metre program, with results feeding into future resource estimates.