Metals News
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Workers in Central Asia made a “mammoth” discovery earlier this month. Laborers came across the bones of an ancient mammoth while quarrying on June 2. In a press release, Kyrgyzstan’s Ministry of Culture explained that the remains were found in “the sandy areas of the ancient floodplain of the Jyrgalang River.” Kyrgyzstan is a landlocked country surrounded ...
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Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and JV partner Zijin Mining Group announced today that they would jointly contribute US$1 million (Kina 3.8 million) to help communities in Papua New Guinea’s Enga province in the wake of a landslide in Mulitaka that has claimed an estimated 600 lives. A team of senior Barrick executives has spent the week in ...
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A lot has happened to the economy since COVID struck, and reading the economic tea leaves has become more difficult. Many of the gains for many Australians in 2020 and 2021 were artificial and didn’t last. The COVID Supplement temporarily doubled JobSeeker, for example. JobKeeper paid workers what their employers could not. As these measures have been ...
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Workers in Central Asia made a “mammoth” discovery earlier this month. Laborers came across the bones of an ancient mammoth while quarrying on June 2. In a press release, Kyrgyzstan’s Ministry of Culture explained that the remains were found in “the sandy areas of the ancient floodplain of the Jyrgalang River.” Kyrgyzstan is a landlocked country surrounded ...
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French President Emanuel Macron said Sunday he was dissolving the National Assembly and calling a snap legislative election after his party suffered a heavy defeat in elections for the European Parliament. In an address to the nation from the Elysee presidential palace, Macron said: “I’ve decided to give you back the choice of our parliamentary future ...
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Silver initially tried to rally during the course of the trading week but then collapsed as we have seen a lot of concerns when it comes to the Federal Reserve and whether or not it will keep its monetary policy tight, or if they will start cutting. It certainly looks as if silver is trying to find buyers at the end of the week, and I think we will sooner ...
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Investors may glean more on the Federal Reserve’s resolve to ease monetary policy when US policymakers update their forecasts for interest rates Wednesday for the first time in ...
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Tens of millions across the European Union voted Sunday in EU parliamentary elections in a massive exercise of democracy that is expected to shift the bloc to the right and ...
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The FOMC meets on Tuesday and Wednesday of the June 10 week. The FOMC statement released at 14:00 ET on Wednesday will get a close read for any guidance in regard to the interest ...
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French President Emanuel Macron said Sunday he was dissolving the National Assembly and calling a snap legislative election after his party suffered a heavy defeat in elections ...
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Silver initially tried to rally during the course of the trading week but then collapsed as we have seen a lot of concerns when it comes to the Federal Reserve and whether or not it will keep its monetary policy tight, or if they will start cutting. It certainly looks as if silver is trying to find buyers at the end of the week, and I think we will sooner ...
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The price of gold pulls back from a fresh monthly high ($2388) as the US Non-Farm Payrolls (NFP) report reveals a larger-than-expected rise in employment, but bullion may face range bound conditions if it continues to hold above the May low ($2277). The price of gold registers a fresh weekly low ($2303) as the US adds 272K jobs in May versus forecasts for a ...
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The Perth Mint sold 23,238 troy ounces (oz) of gold and 796,934 oz of silver in minted product form during May 2024. Opening the month around USD 2,300, the gold price in US dollar terms generally tracked flat before jumping higher by 1.5% off the back of weaker US jobs data which reinforced the potential for a Fed rate cut. On May 20 bullion hit a record ...