Good Reads
Gold edges higher, still on track for first down week in five
Gold rose on Friday, but was on track for its first weekly loss in the last five weeks, as lingering inflation concerns and the uncertain state of the U.S.-Iran war kept markets on edge. Spot gold was up 0.7% at $4,724.19 an ounce, having risen more than 1% earlier in the session, and is down more than 2% so far this week. U.S. gold futures U.S. gold futures for June delivery rose 0.4% to $4,741.30. Read on »
US Department of Energy unveils “Nuclear Dominance — 3 by 33” campaign
After eight months of closed-door meetings, the Department of Energy’s Defense Production Act (DPA) Nuclear Fuel Cycle Consortium has rolled out its latest effort: a plan to strengthen America’s entire domestic nuclear fuel supply chain… over the next seven years. Read on »
Newmont Stock Surges on Earnings and Record Gold Sales Drive
Newmont reported first-quarter adjusted earnings of $2.90 a share, compared with $1.25 a share a year ago. Revenue grew 46% to $7.31 billion. That includes $6.04 billion in gold sales, up 42% from a year ago. The company also reported an average realized gold price of $4,900 an ounce in the quarter, a 16% increase compared with the fourth quarter. Read on »
Community News
EU, U.S. Launch Partnership on Critical Minerals Link>>
Market outlook remains resilient despite risks Link>>
U.S. Wheat Futs Hit Two-Year High As Wall Street Sounds Alarm Over Drought Shock Link>>
Bessent defends U.S. dollar swap lines as Iran war harms global finances Link>>
Nuclear startup X-energy raises $1B in data center-driven IPO Link>>