Metals & Mining
The latest in metals & mining industry news from MarketWatch.
Gold futures tally a third straight weekly decline
Gold futures finished a bit higher on Friday, but still logged a third straight weekly loss. Gold’s attempted recovery ahead of the weekend was dam...
Gold futures down 4 sessions in a row
Gold futures settled lower Thursday for a fourth session in a row. The stronger U.S. dollar, as well as higher Treasury yields, pressured gold pric...
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Gold down a third straight session on dollar strength, despite U.S. debt-ceiling impasse
Gold prices gave up early gains Wednesday after the impasse over the U.S. debt-ceiling in Washington boosted demand for safe havens following the yellow metal's worst weekly selloff since February last week.
Gold futures down a third straight session
Gold futures tallied a third consecutive session decline on Wednesday to settle at their lowest in nearly a week. Strength in the U.S. dollar pressured prices, leading gold to give up early gains that had been driven by un...
Gold futures decline, settle below $2,000 for a sixth straight session
Gold prices decline on Tuesday, settling below the key $2,000 mark for a sixth consecutive session as a recovering U.S. dollar takes its toll.
Gold futures mark back-to-back losses
Gold futures posted a back-to-back loss on Tuesday, settling below the key $2,000 level for a sixth consecutive session. Analysts attributed the weakness in gold prices in part to strength in the U.S. dollar. The “apparent...
Investors should put more money in gold and cash as rally in stocks won’t last, top JPMorgan analyst says
A top JPMorgan Chase & Co. analyst who has been warning clients to stay away from stocks all year is doubling down and advising them to increase their allocations to cash and gold.
Gold ends lower, extending losses after worst week since February
Traders wait to see how the debt-ceiling debate in Washington will shake out, as a stronger U.S. dollar has eaten away at some of the yellow metal's gains.
Gold futures end lower, extending their loss from last week
Gold futures finished lower on Monday, holding below the key $2,000 level as “Wall Street awaits a meaningful update with [U.S.] debt ceiling negotiations and to see how bad tensions get between the U.S. and China,” said E...
Zimbabwe is launching gold-backed digital tokens: What you need to know
Zimbabwe has looked to gold to “expand value-preserving instruments,” launching a gold-backed digital currency this week as the nation suffers from hyperinflation and its currency continues to diminish in value.
Gold ends session higher, posts biggest weekly loss since February
Gold prices finish higher on Friday after a three-session decline pulled prices to their lowest in more than seven weeks.
Gold futures log biggest weekly loss in over 3 months
Gold futures climbed on Friday, but marked their biggest weekly percentage loss since early February. The precious metal was dragged below the psychologically important $2,000 level this week due to “optimism surrounding a...
Gold’s drop under $2,000 is a buying opportunity, say UBS and other analysts
A string of recent losses has seen gold walk back from the $2,000-plus level, but Swiss bank UBS is among those who see a buying opportunity and a return to that price range.
Gold prices at lowest since March as dollar rises and U.S. debt-ceiling deal looks ‘doable’
Gold futures settle at their lowest level since late March on Thursday on the back of a stronger U.S. dollar and hopes for a deal to raise the U.S. debt ceiling by Congress.
Gold futures notch a third straight session decline
Gold futures settled lower Thursday for a third session in a row, at their lowest since late March. Strength in the U.S. dollar and Treasury yields have pressured prices for the precious metal as investors continue to moni...
In Zimbabwe, digital gold beats bitcoin
The Reserve Bank of Zimbabwe is trying something new. Or rather, something very old.
China’s reopening recovery is running out of steam and starting to worry financial markets
China's reopening following three years of zero-tolerance Covid-19 policies is running out of steam, producing a worrisome development for financial markets.
Gold futures settle at their lowest in 7 weeks
Gold prices finish Wednesday at their lowest since late March, after settling below $2,000 an ounce for the first time in more than two weeks a day earlier, as the yellow metal's recent rally continued to unravel.
Gold futures settle at their lowest since late March
Gold futures declined for a second straight session on Wednesday to settle at their lowest in seven weeks. “Although the uncertainty with respect to the [U.S.] debt ceiling talks should be a positive for gold, we think thi...
SEC charges 10 microcaps with securities-related violations
The companies have agreed to pay civil penalties ranging from $5,000 to $90,000.
Gold ends under $2,000 an ounce for the first time in over 2 weeks
Gold prices settle under $2,000 an ounce on Tuesday for the first time in more than two weeks.
Gold futures settle below $2,000 an ounce
Gold futures settled below $2,000 an ounce on Tuesday for the first time since the start of the month. Prices for the yellow metal have pulled back after failing earlier this month to mark a fresh record high. Even so, U.S...