The bank reduced its year-end gold target amid expectations of prolonged steady interest rates from the Federal Reserve. Goldman Sachs revised its year-end gold price target downward by $500, citing the Federal Reserve’s anticipated steady interest rates. The adjustment re
The bank revised its year-end gold target downward amid persistent inflation and higher-for-longer interest rates. Goldman Sachs reduced its year-end gold price target by $500, citing delayed rate cuts and sustained inflation pressures. The adjustment reflects concerns ove
Gold prices in India decline amid adjusted USD/INR rates, reflecting a broader softening in local demand. Gold prices in India fell to INR 12,607.38 per gram on Friday, down from INR 12,803.82 the previous day. The decline reflects adjustments based on international USD/IN
Soma Gold has reported the start of mineralised material deliveries from both the Aurora and El Limon mines to the El Bagre Gold Complex in Colombia. The El Bagre complex is situated around 167km north-north-east of Medellín, within the Antioquia Department The deve
Dixie Gold appoints Rocco Tassone as CEO and board member Dixie Gold has made changes to its corporate leadership. Rocco Tassone has been appointed as the company's new CEO and a member of the board, effective June 18, 2026. Tassone is an existing reporting sharehol
Spot gold in India rises 1.36% day-over-day as USD/INR conversion lifts domestic rates, FXStreet data shows. Gold prices in India advanced to INR 13,161.69 per gram on Thursday, a 1.36% increase from INR 12,985.20 the previous day. The move reflects a rise in the local cur
XAU/USD falls as the Federal Reserve holds rates but hints at a potential increase by year-end, reducing gold's appeal. Gold prices slid to around $4,280 in early Asian trading Thursday after the Federal Reserve kept its benchmark interest rate unchanged but indicated a po
XAU/USD falls after the Federal Reserve keeps rates steady but projects a higher terminal rate and elevated inflation. Gold prices retreated after the Federal Reserve maintained its benchmark rate at 3.50% to 3.75% but signaled a more hawkish stance in its latest projectio
Tower Resources secures funding through flow-through and non-flow-through shares to advance its gold exploration projects. Tower Resources (TWRFF) announced a $1.72M private placement to finance its gold exploration programs. The offering includes two tranches: 6M flow-thr
Gold in India declines as USD/INR adjustments and daily market rates reduce local prices by over INR 20 per gram. Gold prices in India fell to INR 13,143.24 per gram on Wednesday, down from INR 13,164.96 the previous day. The decline reflects adjustments based on internati
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