Tags - precious metals

Thursday 19 December 2024 - 00:26

Hedge funds slash bullish wagers on gold before war jitters

me-metals: Money managers’ bullish wagers on gold fell to the lowest in nearly four months before a flare-up in the Russia-Ukraine war boosted its haven appeal.

News ID: 11507 Publish Date : 2024/11/24

Commodities worth $589m traded at IME in a week

During the past Iranian calendar week (ended on Friday), 2,234,448 tons of commodities worth $589 million were traded at Iran Mercantile Exchange (IME).

News ID: 10763 Publish Date : 2022/06/14

Iran targets producing 500 tons of precious metals , gemstones in 4 years

Iranian Industry, Mining, and Trade Ministry has approved the draft of an operational plan for developing the industrial chain of precious metals and gemstones to reach the annual production of 500 tons of such products by the Iranian calendar year 1404 (starts in March 2025).

News ID: 10260 Publish Date : 2021/08/07

Barrick to close Lagunas Norte mine in Peru

Barrick Gold (NYSE: GOLD) (TSX: ABX), the world’s second largest producer of the precious metals , on Wednesday said it will place its Lagunas Norte mine in Peru on care and maintenance while the team assesses the sulphide resource potential. It is the latest announcement outlining the company’s exploration strategy in Latin America.

News ID: 5641 Publish Date : 2019/08/01

Fresnillo shares plunge as profits fall short despite precious metals prices rally

Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) hit a three-year low on Tuesday after it reported half-year results that fell short of market expectations.

News ID: 5632 Publish Date : 2019/07/31

Asian gold buying stalls as consumers look to cash in on price rally

MUMBAI/BENGALURU – Physical gold buying stalled in top Asian hubs this week as consumers sold back bullion to cash in on a steep price rally, while a recent import duty hike further dented waning interest in an Indian market hit by a surge in local rates.

News ID: 5152 Publish Date : 2019/07/14

Global chaos makes gold a holiday winner as funds pile in

As financial anxieties heighten, investors have poured about $1.56 billion into exchange-traded funds backing precious metals over the past month, the biggest inflows among commodity ETFs. Open interest for gold futures is also on the rise.

News ID: 3071 Publish Date : 2018/12/25