Newmont Mining Buys Goldcorp in $10 Billion All-Stock Takeover
Newmont Mining (NYSE:NEM) has announced its plans to buy its smaller Canadian rival, Goldcorp (NYSE:GG). The deal is a whopping $10 billion USD all-stock takeover and will create the world’s biggest gold producer by output. …
Technical Report Indicates Broadway Gold’s Madison Project Is a Game-Changer
“Don’t stop in America, go straight to Butte!”
That is what they used to say to immigrants after World War II about this unsuspecting swathe of Southwestern Montana. In those days, the hills …
Gold Prices Plunge to Seven-Week Low
On Tuesday, October 3, Gold sank as low as $1,271, marking its lowest level since August 9. But it gets worse: some strategists see the metal falling even further.
“The fundamentals for gold in … Read
Gold Prices Momentarily Surpass $1,300 an Ounce Before Pulling Back to Settle Lower
Gold prices have been fluctuating today. On Friday, August 18, prices of the metal reached their highest intraday level of 2017, momentarily surpassing $1,300 an ounce before pulling back to settle lower for the trading …
Gold Futures Just Reached Their Sharpest Daily Increase Since Mid-May
If you’re thinking about getting into gold investing, today’s news might be just the push you needed to get started. On Wednesday, gold futures reached their sharpest daily rise since mid-May, amid tension between the …
Gold Climbed Above the Bullish Technical Level Today
It seems that gold is looking to build on its first weekly rise since the start of June. On July 17, gold climbed above “the technically important 200-day moving average at $1,230 an ounce.” Carsten …
Gold Prices Spikes as Trump Jr. Reveals Details on His Emails with Russia
As the U.S. dollar sank thanks to emails disclosed by Donald Trump Jr., President Trump’s eldest son, which included plans for Trump Jr. to meet up with a Russian lawyer who promised to leak potentially …
Should You Invest in Gold Right Now?
Even though gold prices might be under a bit of pressure from the current “risk-on” environment for equities and rising interest rates, there are a number of analysts who predict that the price will recover …
Gold Could Be Making a Come Back
As rising tensions between the United States and North Korea drive the demand for gold, the precious metals prices for August delivery closed higher by 0.48% to $1,225.10 on Wednesday, July 5.
With …
Fed Announcement Sent Gold Prices Down, But Investors Shouldn’t Be Worried
On June 14, 2017, the Federal Reserve (Fed) made an announcement that was a little more hawkish than expected by the market, Jordan Eliseo, chief economist at Australian-based precious metals trader ABC Bullion, said in …