August 19, 2018 Hedge funds turned record short on metals just before the rout As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.
August 17, 2018 More pain seen as economists cut key South African forecasts Things are looking better for the second half of the year and 2019, but remain challenging in many areas, with platinum and gold prices falling.”
August 17, 2018 Gold will fight back dollar for haven status, Sprott says Bullion has lost out in a paradigm shift where gold’s no longer viewed as the traditional refuge when investors are in a risk-off mood, but that won’t last.
August 17, 2018 Gold miners’ Q2’18 fundamentals The major gold miners’ stocks plummeted in brutal cascading selling this week as stops were run.
August 17, 2018 Turkish cenbank to allow gold for forex, location swap deals The Turkish central bank will allow gold for foreign exchange and location swap deals in order to provide physical gold transactions.
August 17, 2018 Asia gold buyers snap up bargains as price dive revives demand Physical gold demand in India regained momentum this week as jewellers stocked up after prices dipped to their lowest in over seven months.
August 17, 2018 JX Nippon Mining, Mitsui dodge strike at Chile’s Caserones mine Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.
August 16, 2018 Mexican-focused junior pops on PEA results Minera Alamos files PEA for its La Fortuna gold project with after-tax IRR of 93%.
August 16, 2018 Gold Fields boss says not resigning after S.Africa minister’s rebuke Gold Fields said this week it planned to cut 1,100 permanent jobs at the company's last South African asset, South Deep, sending its shares plummeting.
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