Shares of Allied Gold fell after nine Chinese employees were kidnapped at a Mali mining site amid rising security concerns. Allied Gold (AAUC:CA), the target of Zijin Mining’s (ZIJMF) (ZIJMY) pending acquisition, declined 5.2% following reports of nine Chinese workers abdu
Gold (XAUUSD:CUR) prices are facing mounting pressure as traders increasingly react to short-term macroeconomic forces rather than the metalâs longer-term structural bullish drivers. Analysts note that the bullion is currently displaying a strong inverse relationship with
Sonoro Gold (SGO:CA) announced on Wednesday a non-brokered private placement offering consisting of 40M units at C$0.25 per unit, for gross proceeds of C$10M. Each unit will consist of one common share and one common share purchase warrant Each warrant will
Analysts warn gold could slide toward $4,100 if it breaks below its 200-day moving average near $4,350. Gold remains under pressure after failing to reclaim its 50-day moving average in March, signaling sustained downward momentum. The metal has erased the $4,500 level and
XAU/USD drops to $4,480 as rising Treasury yields and inflation concerns fuel global rate hike bets. Gold prices fell to $4,480 during early Asian trading on Wednesday, marking their lowest level since March 30. The decline comes as persistent inflation fears drive expecta
Gold mining ETFs lag the 5% year-to-date gain in XAU:USD despite broader equity market strength. Gold mining exchange-traded funds have largely underperformed the metal itself in 2024. While XAU:USD rose just over 5% year to date, nearly all gold miner ETFs posted smaller
The gold miner appointed its COO as interim chief following the retirement of former CEO Dave Anthony on March 11, 2026. Asante Gold (ASGOF) has appointed Campbell Baird as acting CEO, effective immediately. The move follows the retirement of former president and CEO Dave
Spot gold falls 0.5% as persistent inflation fears and U.S. interest rate expectations pressure the non-yielding asset. Spot gold declined 0.5% to trade near a six-week low on Tuesday, pressured by concerns over sticky inflation and expectations that U.S. interest rates wi
Goldman Sachs maintains a year-end gold price target of $5,400, citing increased central bank purchases and geopolitical risks. Goldman Sachs analysts forecast gold prices could climb to $5,400 by year-end, driven by rising central bank demand. Monthly purchases are expect
Amateur prospectors and content creators capitalize on record gold prices, diversifying away from traditional investments amid economic uncertainty. Gold prices surging to $4,500 per ounce have sparked a retail gold rush, with everyday Americans prospecting for nuggets and
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