Gold price rallies to 7-week high
Gold benefits from shift in sentiment towards commodity sector enjoying its best week since July 2012.
Gold benefits from shift in sentiment towards commodity sector enjoying its best week since July 2012.
According to the National Union of Mineworkers (NUM), the Swiss-based company is the one “holding the whole process to ransom".
Current gold environment necessitates cost cutting.
Another up day for gold as hedge funds double bullish bets on gold.
Two persistent myths convince gold bears that the price of gold will remain low – a looming series of interest rate hikes from the Federal Reserve and the fact that gold did not rally during the last round of quantitative easing.
A deep bench of excuses, ranging from the weather to the Chinese economy, has been called on to justify why the US economy hasn't built up any noticeable steam, and why the Fed has failed to move rates off zero
Mining is one of Canada’s largest outward investing sectors.
A decision on Friday by a Greek court going in favour of Eldorado Gold's (TSX:ELD) Skouris mine has bumped the stock up by close to 10 percent.
There can be little doubt that negative interest rate policies (NIRP) are now a distinct possibility after the Fed backed down from raising the Fed Funds Rate at their September meeting, having prepared markets well in advance for the event.