Tag: Gold

Analysts at Bank of America see gold prices reaching $4,000 an ounce — an 18% jump above current levels — within the next year due to a ballooning US fiscal debt.

Gold rose after a softer-than-expected inflation reading bolstered bets that the Federal Reserve will cut interest rates later this year.

A crisis is unfolding in the bond market that equity investors may not be aware of. Long-term government bond yields are rising across major economies as governments struggle to contain mounting debt burdens.

Perpetua Resources (NASDAQ: PPTA) (TSX: PPTA) has submitted a formal application to the Export-Import Bank of the United States (EXIM) for up to $2 billion in debt financing to fund construction of its Stibnite gold-antimony project in Idaho.

Gold Rim Exploration Inc. has acquired a 100% interest in a 23 square kilometer property in the Yukon, which is only 52 kilometers southeast from its Bonanza Creek project.

Gold Rim Exploration Inc. plans to spend US$1.95 million on a new test drilling through that will see them through to the end of quarter 3, 2025 at its Cotogchoa Project in Quito province, Ecuador.

The rush of gold bullion deliveries into New York depositories from overseas will likely keep the US goods-trade deficit close to a record.

Gold was once again the dominant theme of mergers and acquisitions (M&A) deals within the precious and base metals mining space in 2024, accounting for 70% of the year’s transaction count and total value, says S&P Global.

Mining exploration started 2025 on a strong note, as most key metrics tracked by S&P Global including significant drill results, initial resource announcements and project milestones all saw upticks in January compared to December 2024.

Gold Rim Exploration Inc., a Canadian based precious metals mining and exploration company, is pleased to report recent results from its multi-phase infill and resource expansion drilling program at their Cambridge Bay Project in Nunavut, Canada. The results published so far are focused on the Dodgeball and Meadowside areas at the site which are located at the north west tip of the project.

A stellar rally that has lifted global gold prices to all-time highs has cast a shadow on jewellery purchases for India’s wedding season, while dealers in China offered discounts to lure buyers.

Gold rose to new all-time high on Thursday as new US economic data weakened the dollar, while tariff threats by President Donald Trump continue to drive safe-haven demand.