The increase in the price of gold has risen due to Donald Trump’s Presidential election. Gold has risen to ~$32/oz to $1,307/oz and silver +$0.39 to $18.75/oz. Originally, the markets were pricing with a Clinton victory, which forecasted at $1,325/oz in Q4/16 and $1,450/oz in Q1/17 and silver $18/oz […]
Nigam Arora, chief investment officer of the Arora Report, would argue the current rumours surrounding India are the true reason for the recent fall in gold prices. Arora told Kitco News “The Indian Bullion & Jewellers Association has informed its members that they are hearing from certain circles of a […]
Seabridge Gold (TSX: SEA, NYSE: SA) has received a key license from the Canadian Government and is on it’s way to developing one of the world’s largest gold mines. The federal Government gave Seabridge approval Monday for a 25-year license on the company’s water management control system. This license is […]
Table of Contents Performance of Gold in 2015 Companies Looking to Deleverage Gold Fund Inflows Summary For many years, gold has been one of the most sought after elements in the world and is thought to make up around 0.003 parts per million in terms of the Earth’s crust. For […]
Although, we woke to a down market in physical gold, Kitco reports that TD Securities seeing consensus that a FED rate hike is coming but a ‘potential for gold to bounce from support levels since the Federal Reserve is likely to remain dovish for the longer term even if there […]
Kirkland Lake Gold Inc. (TSX: KLG) and Newmarket Gold Inc. (TSX: NMI) announced Thursday that they have entered into an agreement to merge in an all-stock deal valued at C$1.01 billion. The merger will create a value of $2.4 billion and produce over 500,000 ounces of gold annually for Kirkland. […]
Deutsche Bank shares fell this morning as a quick deal with U.S. authorities over a multi-billion dollar penalty seems unlikely. An adjusted figure of roughly $5 billion was in the news last week after the initial demand of $14 billion was raised but US regulators. “Clearly, so long as a […]