Gold rises for fourth day in Asian, European trade

The move is aimed at offsetting China's near-total market control of a metal used widely across the defense and energy sectors.

Gold erased gains as traders geared up for US economic data that may help them assess the outlook for interest rates in the year ahead. 

The gold miners’ stocks are limping into 2025 seriously oversold, deeply undervalued, and really out of favor.

Toronto-based Mandalay has used revenue from its Bjorkdal gold mine in Sweden and Costerfield gold and antimony mine in Australia to accumulate $55 million in cash.