Good Reads
Gold, silver prices are getting hit today. One big thing is doing the damage.
Precious metal prices were falling early Thursday as hopes of an off-ramp in tensions between the U.S. and Iran faded, weighing on financial markets. Continuous gold futures were down 2.1% to $4,456.70 an ounce. Silver futures, meanwhile, fell 4.6%. Elsewhere, the S&P 500 index dropped by 0.4%. Read on »
Barrick delays Reko Diq project amid Middle East concerns
The decision, first reported by the Financial Times on Thursday, adds further uncertainty to the buildout of what is considered to be one of the world’s largest undeveloped copper-gold projects. Shares of Barrick edged lower on the news, trading within a narrow range between $37.70 and $38.97 in New York. It has a market capitalization of nearly $67 billion. Read on »
Investors Rip $11 Billion From Commodity ETFs in Record Exodus
Roughly $11 billion has been yanked from roughly 100 ETFs spanning precious metals and broad commodity funds. While March is not over yet, the amount marks the largest monthly withdrawal, according to Bloomberg Intelligence data going back to at least 2005. Read on »
Community News
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Copper Market Balance: A Look at 2026 Deficit Forecasts Link>>