Tag #Gold

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Gold Prices Plateau After Record Surge: Experts Predict Further Growth

Gold prices rose from about $2,000 to over $3,400 per ounce between early 2024 and mid-2025 due to inflation, global tensions, and record central bank buying; experts predict further price increases despite recent consolidation, suggesting now may be a good time to invest.

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dailymail.co.uk
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Gold's meteoric rise boosts mining stocks

Gold prices are nearing record highs, exceeding \$3,500 per ounce, due to global uncertainty and central bank gold purchases; this benefits investors and mining companies like Thor Explorations and Golden Prospect Metals, which have seen substantial share price increases.

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theglobeandmail.com
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Royal Gold's Diversification Strategy Amidst Share Price Drop

Royal Gold Inc. completed a US\$3.5 billion acquisition of Sandstorm Gold Ltd. and a US\$1 billion streaming deal with First Quantum Minerals Ltd. this summer, aiming to diversify its portfolio despite a 10 percent share price drop since the Sandstorm acquisition announcement in early July.

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smh.com.au
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Olympio's High-Grade Gold Discovery Expands at Quebec's Bousquet Project

Olympio Metals intersected 1.5 meters at 54.2 grams per tonne gold at its Paquin prospect in Quebec, Canada, expanding a high-grade gold zone within the Cadillac Break near major gold mines, indicating significant exploration upside.

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sueddeutsche.de
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Gold Investment: Price Surge and Recommended Purchase Options

Gold's price increased by 38 percent to €2,870 per ounce; "Stiftung Warentest Finanzen" suggests allocating up to 10 percent of savings to gold for portfolio diversification, recommending specific online retailers (Anlagegold24, Auragentum, ESG-Edelmetall-Service, Solit-Gruppe) for physical gold and...

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smh.com.au
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Aureka's St Arnaud Project Delivers High-Grade Gold Results

Aureka Limited intercepted high-grade gold (up to 19.9 g/t) at its St Arnaud gold project in western Victoria, exceeding expectations from the first drill hole of their campaign and confirming the continuity of gold mineralization down-dip of a 56,500-ounce maiden resource at the Comstock prospect, ...

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theglobeandmail.com
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TSX and U.S. Markets Rally Despite Job Growth, Inflation Data Awaited

This week's stock market saw the TSX reach its best performance since September 2024, driven by gold stocks and Shopify, while U.S. markets rallied despite revised labor data and expectations of a September rate cut hinge on upcoming inflation numbers. This comes as several companies like Cisco, H&R...

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dailymail.co.uk
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Trump's Gold Tariffs Send Prices Soaring

US President Donald Trump imposed tariffs on one-kilo and 100-ounce gold bars, sending US gold futures to a record high of $3,535 per troy ounce and impacting Switzerland's £45.7 billion in gold exports to the US.

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smh.com.au
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Strickland's Kotlovi Discovery: 277.3m Gold and Base Metals Intercept in Serbia

Strickland Metals announced a significant discovery at its Kotlovi prospect in Serbia, revealing a 277.3-meter intercept grading 1.3 grams per tonne gold equivalent, expanding the Rogozna project's resource base and showcasing the potential for a major new deposit.

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forbes.com
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Global Gold Demand Up 3% in Q2 2024, Driven by ETF Investment

Global gold demand rose 3% year-on-year to 1,249 tonnes in Q2 2024, driven by a 78% surge in ETF investment to 477 tonnes, while central bank purchases decreased and jewelry demand fell due to record high prices; the average gold price reached a quarterly record of $3,280.35 per ounce.

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smh.com.au
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Gold Fields' $15M Joint Venture Targets Major Gold-Copper System in Far North Queensland

Great Southern Mining and Gold Fields initiated a diamond drilling campaign at their Far North Queensland Edinburgh Park project, targeting high-grade gold-copper deposits at Leichhardt Creek and Mt Dillon prospects, based on promising geophysical surveys and rock chip assays showing up to 10.5 g/t ...

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cbsnews.com
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Silver's Price Surge Prompts Precious Metal Portfolio Reassessment

Silver prices have surged to over $38 per ounce, a more than 10-year high, prompting some gold investors to consider a switch due to gold's record-high price near $3,400 per ounce; however, experts suggest reassessing overall precious metal allocation instead of a complete switch.

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Showing 13 to 24 of 169 results