Former gold mine to host largest underground caverns in history

Gold and silver are highly conductive and small quantities are embedded in circuit boards and other hardware.

Fed Governor Christopher Waller said the US central bank should begin tapering its bond-buying program next month, though rate increases are probably “still some time off.”

Together, the world’s top 10 gold miners produced 27.48 million ounces in 2020, worth approximately $48 billion.

With silver outperforming and key supports for the USDX holding, what’s in store for the precious metals in the upcoming months?

It seems that until the Fed tapers its quantitative easing, gold will remain under downward pressure.

The bourse in September started a link so users can trade spot gold at London prices using its own clearing system and with international banks.

Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages, according to the World Gold Council.

The TAM deposit lies approximately 3 kms north of the Alpala deposit, the main target in the Cascabel concession.

The company said that the results of the Phase 2 life-of-mine review at Sukari is expected to be announced on Dec. 1.