The rising US dollar dented gold and silver prices this week resulting in the worst run for the precious metals since March when the pandemic ravaged the markets. The demand for gold significantly went down due to the appreciating dollar. Silver, on the other hand, posted a massive slump making the metal’s market almost collapse
Monthly Archives: September 2020
Week In Review: Gold holds relatively steady as silver dances around a consistent level [14th Sep to 18th Sep 2020]
The price of precious metals this week remained relatively flat. Silver prices went back and forth during the week but remained around the $27 mark for the larger part. Gold saw a few movements as investors sought to react to the Fed’s monetary policy decision that was set for Wednesday. Monday 14th September 2020 Gold
Titan Minerals : Destined for greater things [ASX: TTM]
Titan Minerals Limited (TTM, formerly Minera Gold Limited) is a gold and copper explorer with a chequered past and a more certain future. After first listing on the ASX in 2006, raising A$15m, multiple operational issues at its small scale Southern Peru projects at San Santiago and the Torrecillas, resulted in the company entering voluntary
Week In Review: Gold and silver prices weaken as global equities gain [7th Sep to 11th Sep 2020]
The haven metals traded at moderately low prices this week. Risk appetite took an upswing especially late in the week as indicated by global stocks markets that saw an upswing at the end of the trading week. Although daily equities market volatility picked up, it couldn’t quite shake the marketplace. Keeping in mind, it is
De Grey Mining : September 2020 Review [ASX: DEG]
De Grey Mining (‘DEG’) is a Western Australia-based gold explorer in the world renowned Pilbara, seeking to develop its Mallina Gold Project (‘MGP’) located 60 km south of Port Headland. MGP is close to other significant mining infrastructure, including railways, gas and electricity transmission facilities, the Great Northern Highway and a qualified workforce. It is
Week In Review: Recovering US dollar prompts fall in Gold and Silver Prices [31st Aug to 4th Sep 2020]
A rebound in the US dollar dented the prices of the haven metals this week. The recovery spells a risk to this year’s booming rally in gold and silver. Gold markets initially tried to rally but couldn’t get to the $2000 level. Alongside gold, silver prices were fairly low in the wake of a U.S.
Kaiser Reef Limited: September 2020 Review [ASX: KAU]
Recently listed gold explorer Kaiser Reef (‘Kaiser’ or the ‘Company’), has pegged its future success on its wholly owned Stuart Town Project (the ‘Project’). Located in the Lachlan Fold Belt, NSW, between Newcrest Mining Limited’s Cadia mining operation and Alkane’s new gold discovery – the Boda Project, the view that the project is prospective for
