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Gold price drops to week low on hawkish Fed, US data

The decline comes days after the spot price hit a record high of $2,449.89 on optimism over the Federal Reserve’s monetary policy. Making bullion less attractive, US business activity accelerated to its highest level in over two years in May, suggesting an uptick in economic growth during...

The Dichotomy of Junior Mining: A Revealing Look at Fundraising Data

Kai Hoffman, CEO of Soar Financial, captivated the audience at the Vancouver Resource Investment Conference in January. He painted a surprising picture of the junior mining sector, debunking the prevailing pessimism by revealing compelling fundraising data. Despite the prevailing despondency, Hoffman's insights shed...

Riding the Wave: Gold Prices Surge 1% on New US Jobs Data

Market Movement In a surprise twist, the price of gold surged 1% in response to the latest US jobs data, releasing investors from the grip of apprehension that has prevailed since the Federal Reserve's (Fed) reactive actions. The US dollar index remained unyielding, opening...