Gold Silver Reports – Global Gold Prices inch Down as US Rate Hike Looms – Gold edged lower on Thursday as upbeat US economic data bolstered the possibility of the Federal Reserve raising interest rates next month and beyond.
Gold Silver Reports – Crude Oil prices tumbled on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past months’ narrative of tightening fuel markets.
Gold Silver Reports – Glencore Is Close to Creating a Mining Royalty Company – Glencore Plc is close to finalizing a $700 million deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty company, according to people familiar with the matter.
Gold Silver Reports – Gold Future Path Looks Distinctly Rocky – Gold may be set on a perilous path as central banks withdraw the liquidity punch bowl that has driven stock markets to record highs.
Gold Silver Reports – Crude Oil Above $80 Before Christmas? – With oil prices trading near their highest level in two years, some traders are betting that the price rise could have more room to run.
Gold Silver Reports – Russian Fund Plans a $1 Billion Mining Venture With China Gold – Russia’s state-owned Far East Development Fund is in talks to create a $1 billion joint venture to invest in the country’s mining industry with China National Gold Group, a government controlled producer of the precious metal.
Gold Silver Reports – Mysterious Gold Trades of 4 Million Ounces Spur Price Plunge – Trades that moved about 4 million ounces of gold in a matter of minutes awakened the precious metal from its slumber.