TORONTO (Reuters) – On one side, the founder of top miner Goldcorp Inc (G.TO), his young apprentice, an aggressive securities lawyer, and a tiny company based in a Quebec mining town. On the other, the chief executives of two leading Canadian gold …
The Gold Report: The gold price can't seem to climb back above $1,300/ounce ($1,300/oz) despite several geopolitical hotspots making headlines. What's underpinning the price weakness? Raj Ray: The issue is that despite the geopolitical backdrop, the …
(Kitco News) – Gold prices ended the U.S. day session moderately lower Thursday. The yellow metal saw selling pressure develop during the session as the U.S. dollar index pushed sharply higher and hit a 13-month high. The gold-bullish elements of the …
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Gold persistently rallied from 2001 to August 2011. Since then it has fallen rather hard, down nearly 40% at one point, but it currently looks ready to rally for the balance of this decade. WHY SHOULD WE EXPECT THAT GOLD WILL RALLY? The answer, in my …
In recent weeks, gold prices have started to correct as well. Earlier this week, gold futures hit a 10-week low and are now firmly below $1,300 per ounce at $1,271 per ounce. The stronger dollar has a large part to play in this fall in gold prices …
By Allison Martell and Alastair Sharp TORONTO, Sept 4 (Reuters) – Canada's main stock index closed lower on Thursday, hurt by a decline in gold miners and energy stocks as the price of gold fell and oil slipped on a surprise European Central Bank rate cut.
Throughout history, there have been a constant flow of schemes to try to manipulate the gold price and gold itself in terms of paper money. These have come from governments, institutions as well as from individuals. The aim has always been to either …
Whenever a geopolitical crisis rears its head—such as the one slowly unfolding between Russia and Ukraine—Wall Street can be quick to tie gold's daily moves to any belligerent or peaceful headlines. Many turn to bullion in times of turmoil, viewing …