Freeport-McMoRan lowers first-quarter gold sales forecast
The company said it expects first-quarter gold sales to be roughly 100,000 ounces below its prior forecast of 225,000 ounces.
On Wednesday gold capitalized on the dramatic drop in US equities, briefly piercing the $1,350 an ounce level only to end the day at breakeven as stock markets staged a remarkable recovery. Year to date gold has gained just under...
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