Gold Silver Reports- Gold Fields Ltd.’s unit in Ghana said it will dismiss 1,500 of its own staff as the company is hiring a contractor to operate its biggest mine in the West African nation.
Commodity News
Get latest Commodities News,Commodities Market News,News Commodities India,Latest Gold rate in India,gold price in rupees,news on Commodity Market,Silver price charts,Commodity prices and data on Silver,Gold,Crude Oil,MCX India,gold prices,copper and more on Commodity Market India.
Gold Prices Have Shown Recent Technical Weakness
Gold Silver Reports – Once the Republican tax cuts are signed into law, there is likely to be more upside for equities and further downside risk for the precious metal.
Gold Prices Edges up, Looming US rate Hike Weighs on Momentum
Gold Silver Reports – Gold prices ticked up amid a softer dollar on Monday, but lacked impetus to push higher weighed by expectations of an increase in interest rates in the United States.
China Energy Bid for Australian Energy Explorer AWE Challenged by Perth Firm
Gold Silver Reports – A bidding war has emerged for Australian oil and gas explorer AWE Ltd. after Perth-based Mineral Resources Ltd. made an all-share takeover offer, challenging an increased all-cash bid by China Energy Reserve & Chemicals Group Co.
Why the Stock Wobble Isn’t Helping Gold
Gold Silver Reports – Why the Stock Wobble Isn’t Helping Gold – Falling stock prices and geopolitical risks haven’t done much to support gold amid expectations of tighter U.S. monetary policy.
Sebi May Allow Mutual Funds, Portfolio Managers to Invest in Commodities
Gold Silver Reports – The Securities and Exchange Board of India (Sebi) on Thursday proposed to allow mutual funds and portfolio managers to invest in commodity derivatives market in a latest attempt to widen investments in this asset class.
Commodities Crumble Again as China Alarm Bells Sink Metals
Gold Silver Reports – Commodities Crumble Again as China Alarm Bells Sink Metals – Stocks and bitcoin may be having a stellar year, but one corner of global markets hasn’t shared the good fortune.