Precious Metals Top Stories

Gold sector nightmare not over: price drop forcing them to slash reserves

Despite extreme measures taken by gold miners to balance their…

Falling gold prices forcing companies to recalculate reserves

A 15% year-on-year drop in the average annual gold price…

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Losses persist at Kinross

Second quarter revenues beat estimates and Toronto-based gold miner sticks to record output prediction for 2016.

Gold and Pork Bellies

Gold is traded on the currency desks of all major banks and brokerages, along with dollars, euros, yen and pounds, and not the commodity desks along with other commodities – the FX traders know gold is money.