Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Spot gold has lost $11 since opening on Tuesday and is now trading at $1,720.12/oz.
Some profit taking, chart consolidation and a strong dollar are all pushing bullion down.
Silver is largely unchanged at $32.56/oz.
The election last week was good for gold, having started the month at $1,685/oz.
