August 27, 2024 8:15 AM EDT | Source: Bullion Gold Resources Corporation Montreal, Quebec–(Newsfile Corp. – August 27, 2024) – Bullion Gold Resources Corp. (TSXV: BGD) (“Bullion Gold” or the “Company”) announces new sampling results from its Bodo project. Despite the short work period completed in early summer on this project, the initial results
As India approaches its vibrant festive season, the focus intensifies on precious metals, particularly gold and silver. These metals have long been intertwined with Indian culture and tradition, especially during significant festivals like Diwali, Dhanteras, and Navratri. The purchase of gold and silver during these times is not merely a financial transaction; it embodies deep-rooted
In this presentation, Jeffrey Christian of CPM Group discusses the relationship between central banks and their gold reserves. He reviews the historical context of central banks’ gold accumulation, from the post-World War II era to the present day, and discusses the shifting roles of gold as a monetary asset. Jeff explains why gold, despite losing
Aug 22 (Reuters) – U.S. companies increased borrowing to finance equipment investments by 13% in July compared with the previous year, the Equipment Leasing and Finance Association said on Thursday. New loans, leases and lines of credit signed up by companies in July were up 11% from $10 billion a month earlier. “Our latest report
Gold prices dropped over 1% on Thursday, weighed down by a strengthening dollar and rising Treasury yields, as traders awaited Federal Reserve Chair Jerome Powell’s speech for further insights on potential rate cuts. As of 12:14 p.m. ET (1614 GMT), spot gold fell 1.2% to $2,483 per ounce, following a record high of $2,531.60 on
Gold prices are off their highs from earlier today and last week as investors factor in some new important ingredients into their trading decisions. Background Gold prices closed in positive territory last week, as the shining metal recorded some really solid gains and closed above the important level of 2,500. Now, traders are asking themselves
Amid ongoing geopolitical tensions and economic uncertainty, gold prices remain strong, but silver might offer more room for growth, according to Jonathan Barratt, CIO of Probis Securities. In a recent interview with CNBC-TV18, Barratt noted that while gold is holding steady at $2,500 per ounce, silver is still well below its record highs. This presents
In this presentation, Jeffrey Christian of CPM Group reviews current gold and silver investment demand and some of the factors driving markets. The video begins with a global focus for gold investment, where strong demand is evident. Jeff details the significant role of institutional investors, high-net-worth individuals, and retail investors in fueling this demand, particularly
Frank Holmes is CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors. The company’s no-load mutual funds include the Global Resources Fund (ticker PSPFX), the World Precious Minerals Fund (UNWPX)
Amidst a confluence of factors typically bearish for the precious metal, gold prices managed to post solid gains on Thursday. This resilience in the face of economic data and market dynamics that would normally weigh on the yellow metal suggests the recent price correction may be nearing its end. According to the U.S. Labor Department,