November 22, 2024
Gold Investing

Top Stories This Week: Gold Above US$2,500 as Powell Signals Rate Cuts, Kazatomprom Lowers Guidance

Gold reached yet another record high at the end of last week, crossing US$2,500 per ounce for the first time. The yellow metal stayed above that key level until experiencing a pullback on Thursday (August 22), but breached US$2,500 again on Friday (August 23) morning. Gold is seeing support from quickly increasing confidence that the

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Gold Investing

Peter Grandich: US$5,000 Gold No Longer Looks Foolish; Uranium, Silver, Copper Outlook

Peter Grandich of Peter Grandich & Co. shared his updated thoughts on the resource sector now that the year is more than halfway through, honing in on gold’s price drivers and path forward in 2024 and beyond. Notably, he sees much higher price levels for the yellow metal in the years to come. “I was

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