Gold prices slipped on Thursday as the
U.S. Federal Reserve's aggressive monetary policy tightening
plan diminished the metal's appeal, with additional pressure
from a rebound in equities.
Gold pared some losses on Wednesday after
minutes from a Federal Reserve meeting suggested the central
bank would stick to raising interest rates by half a percentage
point in the June and July ...
Deadly clashes have broken out between gold miners in north Chad, the interim government said on Wednesday, as a local rebel group's unconfirmed report of at least 200 fatalities in the area circulated on social media.
Gold prices dropped more than 1% on
Wednesday and were on track to snap a five-session winning
streak, weighed by a rebound in the dollar ahead of the release
of the U.S. central bank's minutes ...
Prices of copper and most other industrial metals fell on Wednesday on concerns that slowing economic growth and COVID-19 lockdowns in top consumer China would depress demand. Benchmark copper on the London Metal Exchange was down 1.5% at $9,310 a tonne at 1128 GMT.
Gold prices slipped on Wednesday,
pressured by a firmer dollar as investors look to minutes from
the U.S. Federal Reserve's May policy meeting due later in the
day for cues on its policy ...
Gold prices climbed on Monday, as
weakness in the dollar and growth concerns in the economy lifted
the metal, although non-yielding bullion pared some gains after
U.S. Treasury yields rose.
Barrick Gold Corp (GOLD): * BARRICK EXTENDS REVOLVING CREDIT FACILITY AND ESTABLISHES SUSTAINABILITY-LINKED METRICS. * Barrick Gold Corp (GOLD) - HAS COMPLETED AN AMENDMENT AND RESTATEMENT OF COMPANY'S UNDRAWN $3.0 BILLION REVOLVING CREDIT FACILITY Source text for Eikon: Further company coverage:
Portugal's central bank has opened up its heavily guarded vaults in a small commuter town near Lisbon, giving a rare glimpse of where some of the country's gold reserves are kept. The 67,000 square metre compound in Carregado houses an ultra-secure vault where 45% the Bank of Portugal stores 382.6 tonnes of gold.
Copper prices retreated on Wednesday under pressure from a stronger dollar after the Federal Reserve reaffirmed its hawkish outlook. Federal Reserve Chair Jerome Powell pledged that the U.S. central bank would ratchet interest rates as high as needed to kill a surge in inflation that he said threatened the foundation of the economy.
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