Data on Friday showed US producer prices rose slightly more than expected in November, reinforcing the view that the Fed may have to keep interest rates high.
A PwC Australia report says that increasing the in-country production of silicon is the first step for Australia to develop its own capability and capacity in the solar cell supply chain.
A significant portion of the total funding - C$1.5 billion – is allocated over seven years for constructing infrastructure for critical minerals projects in remote areas.
Despite an “unusually high level of uncertainty” surrounding consensus expectations for 2023, on balance, a “mixed set of influences implies a stable but positive performance for gold,” the WGC says.