Analysis: Gold set for further record prices in 2024 and 2025

The company has decided to increase the placement from C$100 million to C$130 million due to strong demand.

Restoring trust in exchange stocks reporting is a key step in winning back the broader confidence of the market.

Greg Sharenow, who manages a portfolio focused on energy and commodities, calls gold a 25-year duration asset.

Markets now see a 70% chance the Fed will keep rates unchanged next month.

"The LME's problem is that it's pricing the pure ore. Meanwhile, nickel is less and less used as a pure metal," said Eramet's CEO Christel Bories.

The listing would be the biggest initial public offering in Southeast Asia this year.

The implied value of the proposal is A$718 million, comprising A$370 million in cash and the rest in shares.

Impala raised its stake in RBPlat to 55.46% after South Africa's Public Investment Corp. sold its remaining interest.

The first consultation will be on a requirement for warehouses to report the amount of all stored metal.