Holdings of the largest gold-backed exchange-traded-fund (ETF), New York's SPDR Gold Trust remained unchanged on Tuesday from
Monday, while holdings of the largest silver-backed ETF, New ...
SYDNEY--A run-up in the price of iron ore to a decade high is blunting China's pressure tactics in a major trade dispute. China imposed a series of import restrictions and tariffs on Australian products including barley and beef last year, after being angered by Australian Prime Minister Scott Morrison's call for an international investigation into the first outbreak of Covid-19 in China. But its reliance on iron ore from Australia meant the steelmaking ingredient wasn't...
BHP Group Ltd. (BHP), the world's largest mining company by market value, on Wednesday reported a 4% fall in third-quarter iron-ore output, alongside a 9% drop in copper production and a 7% lift in petroleum volumes. Here are some remarks from that report:. "For the nine months to March 2021, our Chilean assets continued to operate with a substantial reduction in their operational workforces as a result of Covid-19 restrictions.
* Spot gold may enter $1,744-$1,758 range, technicals show. * Gold could stay in $1,760-$1,810 range in near-term- analyst. By Arpan Varghese. Gold prices rose on Tuesday as a drop in U.S. Treasury yields lifted the non-yielding precious metal's appeal. Spot gold rose 0.5% to $1,777.43 per ounce by 2:01 p.m. EDT.
Miner Alamos Gold said on Tuesday its Netherlands units will file an investment treaty claim exceeding $1 billion against Turkey for "unfair and inequitable treatment" with its gold mining project. Alamos, which has had an active presence in Turkey since 2010, said the claim that will be filed under the Netherlands-Turkey Bilateral Investment Treaty represents the value of its Turkish assets.
Miner Alamos Gold said on Tuesday its Netherlands unit will file an investment treaty claim exceeding $1 billion against the Republic of Turkey for "unfair and inequitable treatment" with its gold mining project. The claim will be filed under the Netherlands-Turkey Bilateral Investment Treaty, Alamos said.
* Benchmark 10-year U.S. Treasury yields fall below 1.6% * Dollar drops to near seven-week low. * Spot gold may slide into $1,744-$1,758/oz range - technicals. By Sethuraman N R. Gold prices inched higher on Tuesday, hovering below a seven-week peak hit in the previous session, bolstered by a pullback in U.S. Treasury yields and a weaker dollar.
Holdings of the largest gold-backed exchange-traded-fund (ETF), New York's SPDR Gold Trust rose 0.20% on Monday from
Friday, while holdings of the largest silver-backed ETF, New York's ...
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