Editor, TCI

2024 Mining Industry Outlook: Navigating Challenges, Seizing Opportunities, and Top Stocks on Hedge Funds’ Radar

Editor, TCI1 year ago08 mins

The mining industry in 2024 stands at a crossroads marked by a dynamic interplay of reduced capital expenditures, evolving market demands, heightened environmental, social, and governance (ESG) scrutiny, and strategic shifts by leading companies. This comprehensive analysis, which incorporates insights from recent reports and the investment trends in top mining stocks, aims to provide a…

Google’s Parent Company Makes Big Moves: Understanding Their Financial Ups and Downs, and Their $2 Billion Bet on a Hot New AI Startup

Editor, TCI1 year ago04 mins

In a time where the biggest tech companies are constantly trying to outdo each other, Alphabet (that’s the company that owns Google) recently shared some news about how it’s doing money-wise. And it’s mostly good news! They made more money than people thought they would, with a total revenue of $76.69 billion in the last…

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Gold set to mark best week in 7 months as markets price in end of Fed hikes

Editor, TCI1 year ago1 year ago03 mins

Oct 13 (Reuters) – Gold prices rose on Friday, set to mark their best week since mid-March as U.S. bond yields lowered, increasing the appeal of U.S. dollar-backed bullion as markets price in a chance that Fed’s rate increase cycle has come to an end. Spot gold rose nearly 1% to $1,886.40 per ounce by…

The Lion’s Den: Rinehart vs. Albemarle in the Liontown Takeover Saga

Editor, TCI1 year ago04 mins

Australia’s mining queen, Gina Rinehart, renowned for her dominance in the iron ore industry, is making waves again. But this time, she’s shifted her gaze towards lithium. Holding an impressive near-17% in Liontown Resources Ltd., she’s adding unexpected twists in its A$6.6 billion takeover by the American colossus, Albemarle Corp. But what does Rinehart want?…

Inside Barrick Gold: Investor Moves, Price Predictions & Expert Ratings Revealed!

Editor, TCI1 year ago04 mins

Barrick Gold, a leading mining company, is known for its substantial gold and copper production, sales, and exploration activities. Operating globally, Barrick Gold has a diverse portfolio of mines and projects in regions like North America, South America, Australia, and Africa. As an industry leader, the company constantly endeavors to be the foremost gold mining…

Gold extends decline for ninth day as fears of higher US rates weigh

Editor, TCI1 year ago03 mins

Spot gold eased 0.1% to $1,819.98 per ounce by 2:04 p.m. EDT (1804 GMT). U.S. gold futures settled 0.2% lower at $1,831.80 per ounce. “The whole narrative of holding rates higher for longer is the big reason why people are removing positions from gold as the opportunity cost of holding it has risen,” Bart Melek,…

Gold extends fall as strong dollar, higher US rates take toll

Editor, TCI1 year ago03 mins

Gold extended its decline for a sixth straight session on Monday to hit a near seven-month trough, as a robust dollar and prospects of higher U.S. interest rates took the shine off bullion. Spot gold was down 0.9% by 1:52 p.m. EDT (1752 GMT) at $1,831.70 per ounce, its lowest level since early March….

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China Gold demand robust; India buyers unimpressed by price dip

Editor, TCI1 year ago1 year ago03 mins

Physical gold premiums eased slightly in top consumer China this week, but remained elevated on high investor demand amid a broadly weaker yuan and economic worries, while lower prices in India failed to boost retail purchases. Chinese dealers charged premiums XAU-CN-PREM of between $80 and $100 an ounce over global spot prices, compared with $60-$130 last…

Gold’s Unexpected Turn: Unpacking the Trends & What’s Next for Investors

Editor, TCI1 year ago1 year ago04 mins

Gold, the timeless hedge against financial turbulence, is not behaving as anticipated by long-term bulls. The recent price trends beg the question: how should investors navigate this anomaly? Snapshot: The Recent Plunge We saw Comex gold futures for October diving by 0.7%, landing at a six-month low of $1,860.40. A retreat from its 52-week…

Gold Tumbles Amid Soaring 16-Year Treasury Yields: Is Now the Time to Buy?

Editor, TCI1 year ago03 mins

In a dramatic shift witnessed over the past 48 hours, gold’s value plummeted, hitting a near 7-month low. As market dynamics intensify, investors are keenly observing the relationship between gold, U.S. Treasury yields, and the Federal Reserve’s monetary policy. Key Highlights: Gold Prices: On New York’s Comex, December’s most-active futures contract settled at $1,878.60…

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Editor, TCI

2024 Mining Industry Outlook: Navigating Challenges, Seizing Opportunities, and Top Stocks on Hedge Funds’ Radar

Google’s Parent Company Makes Big Moves: Understanding Their Financial Ups and Downs, and Their $2 Billion Bet on a Hot New AI Startup

Gold set to mark best week in 7 months as markets price in end of Fed hikes

The Lion’s Den: Rinehart vs. Albemarle in the Liontown Takeover Saga

Inside Barrick Gold: Investor Moves, Price Predictions & Expert Ratings Revealed!

Gold extends decline for ninth day as fears of higher US rates weigh

Gold extends fall as strong dollar, higher US rates take toll

China Gold demand robust; India buyers unimpressed by price dip

Gold’s Unexpected Turn: Unpacking the Trends & What’s Next for Investors

Gold Tumbles Amid Soaring 16-Year Treasury Yields: Is Now the Time to Buy?