Unsettled times are good for gold investors. The precious metal has risen by 5% since the beginning of the year. At times it was quoted above the USD 1,900 per ounce mark again. The shares of Barrick and Yamana gained about 20% during this period. The NYSE Arca Gold BUGS […]
Now that the oil price has long since cracked the USD 90 mark, gold is also picking up significantly. The precious metal lingered only briefly on the much-cited interest rate worries. The theoretical reasoning behind this is that if the interest rate rises, non-interest-bearing gold loses its attractiveness. This assumption […]
The current drilling program at Great Atlantic Resources’ Mascarene Property, in southwest New Brunswick is being conducted at the Wheal Louisiana mineral occurrence. Two shafts were sunk at this occurrence in the 1850s. Limited sampling by Great Atlantic during 2020 confirmed anomalous copper and gold in rubble adjacent to a […]
Commodity-TV interviews President & CEO Christopher Anderson. Ximen Mining owns several gold projects in British Columbia, Canada. Recently, the company announced a strategic investment of $2.5 million, or 9.9% of the shares, by New Gold, which operates the New Afton Mine in the area. Ximen Mining will drill on several […]
Following the closing of the non-brokered private placement which raised gross proceeds of approximately $2.5 million from the placement of approximately 8.9 million charity flow-through shares, priced at $0.285 per share, New Gold now holds 9.9% of Ximen. “Building strategic relationships with active partners in our community and jurisdiction is […]
The World Gold Council presents the 2022 Gold Outlook report. Gold may face similar dynamics in 2022 to those of last year, as competing forces support and curtail its performance. Near term, the gold price will likely react to real rates in response to the speed at which global central […]
Bitcoin has not had a great start to the year, but gold has seen moves to the upside. So what’s going on? Jim Wyckoff, Senior Market Analyst at Kitco News brings us the latest information and analysis. WATCH THE VIDEO HERE. “With all indicators pointing to inflation continuing to be […]
Metals ended the year strong but got drilled to kick off January. As they start to bounce back, what does the rest of the month have in store? Host Craig Hemke and analyst Chris Vermeulen of the Technical Traders break down all the gold and silver charts you need to start your […]