Gold hits an all-time high above $2,500 and BHP and Lundin sign a $3.2 billion JV mega deal
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Markets and metals were walloped by a late week sell-off, noted mining audiences manager Michael McCrae. On Saturday McCrae recorded Kitco Roundtable. Earlier in the week Federal Reserve Chair Jerome Powell said in a press conference that a case could be made for a cut "as soon as the next meeting.” The central bank’s dovish stance helped to propel gold prices to a new all-time high of $2,500 an ounce mid week. But the market was spooked about concerns that the Fed had be...
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Financial markets ended the week on strong footing as stocks, gold, and Bitcoin all trended higher, with the S&P besting its previous all-time high by a hair, while gold bulls stampeded their way above $2,700/oz for the first time in history.On Saturday mining audiences manager Michael McCrae...
Published 10/19/24
Copper prices were down 1.7% for the week, but a weekend press conference by China's finance ministry could provide the metal with a lift. On Friday mining audiences manager Michael McCrae recorded Kitco Roundtable. China’s finance ministry holds a Saturday press conference to announce policies...
Published 10/12/24
Published 10/12/24