Analysts Suggest EU’s Ukraine Funding Initiative May Increase Central Bank Gold Purchases
Stock image. The European Commission’s proposal to tap frozen Russian state assets for financial aid to Ukraine is rattling some central banks, which could further accelerate gold purchases for storage outside Western jurisdictions, analysts say. The Commission’s plan would allow EU governments to use up to 185 billion euros ($214 billion) of Russian sovereign assets […]
Gold Price Reaches New All-Time High Above $4,100
Stock image. Gold prices notched another all-time high on Monday, crossing the $4,100-an-ounce mark for the first time, as renewed US-China trade tensions sent investors flocking to safe-haven assets. Spot gold rose as much as 2% to $4,103.05 per ounce, a sizeable rebound from Friday’s pullback. Meanwhile, US gold futures jumped by nearly 2.9% to […]
TD Securities: Dollar Uncertainty Drives Rise in Gold, Silver, and Copper Prices
Gold, silver and copper prices are surging as global investors lose faith in the US dollar, driving a rush into hard assets, according to TD Securities. Gold burst through the $4,000 an ounce level this week, silver hit an all-time high, and copper surged toward $11,000 a tonne as investors fled risk and piled into hard assets. Behind the […]
Vietnam Liberates Its Gold Market, But Shoppers Hold Off as Prices Fall
Hanoi, Vietnam. Stock image. Along Hanoi’s busiest gold trading street, dozens of storefronts gleam with bullion bars and jewelry. On Friday, however, shopkeepers sat idly behind glass counters, waiting for customers as Vietnam ended its decades-long monopoly on bullion trade and production, the first major liberalization of the market in more than a decade. The […]
Traders Face Higher Costs to Hedge Risks from Stocks to Gold
Stock image. The risk premium for options is rising in assets from stocks to gold, even as implied volatility on benchmark indexes has been either steady or falling for most of this year. While that may seem counterintuitive, it’s in large part because the actual market swings have been so lackluster. That’s boosting the risk […]
VERSES® Welcomes Former Amazon Web Services (AWS) Executive
VERSES AI Inc. has appointed David T. Scott, former Head of Global Marketing at AWS, to its board, succeeding G. Scott Paterson. CEO Gabriel René expressed excitement about Scott’s expertise in marketing and growth, which will aid VERSES’ commercial expansion and support the launch of their flagship product, Genius™. Scott, with over 25 years of […]
RUA GOLD Enhances Leadership Team with New VP of Exploration Appointment
RUA GOLD Strengthens Management Team with Appointment of VP, Exploration – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A40QYC) (“RUA GOLD” or the “Company“) is pleased to announce the strenghtening and expansion of its management team through the appointment of Emmett D’Urso as Vice President, Exploration. Mr. D’Usro will work directly with […]
Cruz Battery Metals Bolsters Its Standing in Nevada’s Lithium Industry Following Presidential Endorsement
Cruz Battery Metals Strengthens Position in Nevada’s Lithium Sector Amid Presidential Endorsement Transforming Opportunities in Lithium Investment: Cruz Battery Metals Corp. Cruz Battery Metals Corp. recently made headlines with the renewal of its lithium claims in Nevada, a significant strategic move in the burgeoning lithium sector. This decision arrives amid renewed interest in U.S. lithium […]
BABA, LAC, FCX, QURE, and Beyond
BABA, LAC, FCX, QURE and more Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, […]
Battery Metals Market Poised for Significant Revenue Growth
Battery Metals Market expected to Witness Huge Revenue Growth InsightAce Analytic Pvt. Ltd. has recently published an insightful market assessment report focusing on the burgeoning "Global Battery Metals Market." This report projects substantial revenue growth, emphasizing the critical role of battery metals such as lithium, cobalt, and nickel, particularly in the context of the rapidly […]