Gold/AUD

video Gold rises to a new trend high of 2,052 today before backing off. That’s only 1.5% from the record high of 2,082. It reflects strong upward momentum in gold that has a chance of continuing to help propel prices higher. A daily close in the top third of today’s range, above 2,046.40, will provide a relatively strong close and increases the chance for ...

Sibanye Stillwater Ltd. plans to cut jobs at its US platinum-group metals operations to lower costs, after palladium prices slumped this year, shortly after announcing similar moves in South Africa. It’s the latest sign the Johannesburg-listed company, which diversified from gold into PGMs and then battery metals, is bracing for a tougher market ...