⛏️ Silver’s Golden Outlook

Silver’s Golden Outlook
Gold traded in a tight range in the first month of 2024, reaching a low of $2,006 per ounce while silver, gold’s less expensive cousin, has been hit even harder, underperforming gold over the last several years. Read on »

South Africa will Use a Third of its Gold and Forex Reserves to Manage Runaway Debt
South Africa will withdraw $8 billion over three years to ensure that sufficient buffers are available to absorb exchange rate swings and the solvency of the Reserve Bank is not compromised. Read on »

The Trump Effect: A Market Rollercoaster from Shock Victory to Bull Run
Relative to other commodities, gold miners fared the best by a considerable margin. Energy stocks were the worst, with raw materials producers such as steel and copper breaking even. Read on »

• Financial Beats at Gold Companies Link>>

• Gold set for weekly gain as weak dollar, Middle East woes lift appeal Link>>

• Gold, Silver, Copper Forecast: Resilience Amid Rate Hikes, China Optimism Link>>

• How governments can help accelerate the mining of critical minerals, and the obstacles in the way Link>>

• Newmont’s stock falls as mining company plans dividend cuts, asset sales Link>>