Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Bullion has fallen six days in a row and is set for a weekly loss of more than 4%.
Gold miner Solidcore, formerly known as Polymetal, has completed the acquisition of a 55% interest in Kazakhstan’s Syrymbet tin deposit “following satisfaction of all outstanding conditions to closing”, it said on Friday.
Solidcore said in October it agreed to buy a share in Syrymbet deposit from Lancaster Group subsidiary Berkut Mining for $82.5 million.
(By Anastasia Teterevleva; Editing by Mark Trevelyan)
Comments