Gold gets a lift from a likely Fed rate cut, and a Vancouver diamond miner makes global headlines
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Gold finished the week well above $2,500 level. On Friday mining audiences manager Michael McCrae recorded Kitco Roundtable sponsored by Revival Gold. The precious metals were up as Federal Reserve Chair Jerome Powell signals that the central bank is ready to start easing interest rates.In his much-anticipated speech at the Jackson Hole Central Bank Symposium, Powell said that the upside risk to inflation has diminished and risks to the labor market have grown.Lucara Diamond recover...
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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...
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