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.
Copper prices slipped on Wednesday, as bets of big U.S. rate hikes following hawkish comments from Federal Reserve officials, and a recent batch of weak economic readings from China put focus back on global economic growth concerns.
Copper prices fell on Wednesday, as bets of big U.S. rate hikes following hawkish comments from Federal Reserve officials, and a recent batch of weak economic readings from China put focus back on global economic growth concerns. Benchmark three-month copper on the London Metal Exchange was down 0.6% at $9,306 a tonne, as of 0500 GMT, after hitting a more than one-week high of $9,434 on Tuesday.
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