Southern Copper ( NYSE:SCCO ) Full Year 2022 Results Key Financial Results Revenue: US$10.0b (down 8.1% from FY 2021...
For instance, the blowout U.S. jobs numbers for January released Friday, on the back of what the Fed calls disinflation. Historically, there has been a strong positive correlation between jobs and crude prices. Oil eventually capsized in a sea of red with gold and other commodities as the dollar’s rebound from 10-month lows made raw materials priced in the U.S. currency costlier for non-dollar holders.
Birk Irving earned his second World Cup win this season, taking the U.S. Grand Prix at Mammoth Mountain, California, climbing the ranks of a deep team.
Venezuela's central bank's gold reserves dropped 13% to a new 50-year low last year, according to financial statements published by the bank on Friday, falling 10 tonnes in 2022. The number of gold bars in the bank's vaults in Caracas sank to an equivalent of 69 tonnes at the end of December 2022. The central bank did not immediately respond to a request for comment as to where the 10 tonnes of gold moved out of the bank went.
Wondering where to shop for Valentine's Day this year? Go big with jewelry gifts from Brilliant Earth, from everyday gold staples to engagement rings.
The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Chevron Corporation (CVX), where a total of 45,347 contracts have traded so far, representing approximately 4.5 million underlying shares. That amounts to about 48.1% of CVX's average daily trading volume over the past month of 9.4 million shares..
Gold markets initially tried to rally during the trading week, but then got absolutely crushed on Friday as a job summer came out hotter than anticipated.
Silver had initially tried to rally during the week, testing the top of the overall consolidation area. However, it has since plunged drastically.
Crude oil markets have fallen rather hard during the trading week, breaking back down after a couple of very quiet weeks.
Natural gas markets have fallen again this week, as it looks like we are simply trying to fall straight to the ground.
Gold markets have fallen rather drastically during the trading session on Friday after we have seen the jobs ever come out much hotter than anticipated.
The Mammoth Mountain Grand Prix and Deer Valley World Cup moguls and aerials stop air on NBC Sports and Peacock this weekend.
Silver has been absolutely clobbered during the trading session on Friday, as the jobs number in the United States came out hotter than anticipated.
The crude oil markets have initially tried to rally during the trading session on Friday but have turned around quite drastically the show signs of exhaustion.
Zodia Custody and SBI are aiming to appeal to institutions interested in crypto investment and adoption.
Good U.S. jobs data used to translate almost instantly to higher oil prices. Crude prices tumbled 7% on the week, taking global benchmark Brent to below $80 per barrel while bringing WTI, or the U.S. West Texas Intermediate, to the low $70s after a sterling U.S. jobs report for January bumped up the dollar instead, weighing on commodities. New York-traded West Texas Intermediate, or WTI, crude for March settled down $2.49, or 3.2%, at $73.39 a barrel as the dollar’s resurgence on the same jobs report put paid to crude’s initial advance on the data.
By Barani Krishnan
For TV's biggest stars, key roles on successful shows mean huge paychecks -- but the payoff doesn't stop there. When shows are syndicated, redistributed, released on DVD, purchased by a streaming...
Futures for Canada's main stock index were muted on Friday as commodity prices dipped, while investors awaited U.S. jobs data to understand for clues on the Federal Reserve's future interest rate moves. Investors would be looking for U.S. jobs data due at 8:30 a.m. ET, a key metric in gauging where the Fed stands on future rate increases, having hiked its lending rate by an expected 25 basis points on Wednesday.
Physical gold demand in India ticked up this week, as jewellers resumed purchases after staying away for a couple of weeks hoping for an import duty cut in the government budget amid the wedding season. India did not slash import duty on gold in its annual budget presented on Feb. 1, but raised the import duty on silver. Bullion industry was seeking a reduction in the duty as gold refiners have nearly stopped imports of gold dore, a semi-pure alloy, as grey market operators offer hefty discounts to market rates and cut into their slender margins.
Franco-Nevada (FNV) is the largest and longest established of the precious metal and oil and gas royalty and streaming companies, with a market cap of almost $38 billion, explains Gavin Graham, a contributing editor to Internet Wealth Builder.
Bitcoin dips into red but holds over $23.5K. ALSO: CoinDesk analyst Glenn Williams Jr. highlights the spike in crypto trading activity following the U.S. central bank's interest rate hike.
The Chinese-owned Las Bambas mine in Peru, responsible for close to 2% of the world’s copper production, officially halted production on Feb. 1 after months of blockades and protests made continued operations impossible.
The Canadian gold mining company's stock is forming a long cup-with-handle base, now trading 5% away from a buy point.
Calling on Premier Doug Ford to end 'free entry system' for miners into their territories
By Ambar Warrick
Gold on Thursday settles with a loss after briefly touching a more than nine-month intraday high in the wake of the Federal Reserve's latest interest-rate hike.
Silver has outpaced gold’s gains in the past three months, and its classification as both an industrial and precious metal may lead it to even higher prices.