NewsRoom Articles - Page 76 of 194

FridayJan 05, 2024 1:53 pm

As 2024 Gets Underway, Gold Seems Set on Upward Trajectory

After seeing its prices rise significantly in late 2023, gold seems to be maintaining its upward trajectory in 2024. The precious metal surged in value significantly as a confluence of global factors increased its safe-haven appeal and drew tons of investors looking to protect their portfolios from potential economic disaster. With several armed conflicts raging on across the world, U.S. Treasury Yields dropping to their lowest levels since August, gold prices have surged to historic highs in recent weeks. Gold closed December’s opening trading day at $2,071 after the U.S. Fed chair addressed a college in Atlanta and went against…

FridayJan 05, 2024 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) the West’s Strategy to Weaken China’s Minerals Dominance with its RapidSX(TM) Technology

Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, is in the process of perfecting and ultimately commercializing the separation and purification of critical metals This is in a move to slash reliance on Chinese rare earths technologies and its toxic by-products The company has made incredible headway over the years and is on track to commercially separate U.S.-friendly sources of REES, using its RapidSX(TM) technology, by 2025 The commissioning of its RapidSX Demonstration plant in Kingston, Ontario, earlier this year affirms its commitment to actualizing the goal of…

ThursdayJan 04, 2024 3:03 pm

Indians Recycle Jewelry as Gold Prices Surge

Indians are reportedly exchanging their gold jewelry for new pieces despite rising gold prices amid a wedding season-induced demand boom. India Bullion and Jewelers Association national secretary Surendra Mehta says that an increasing number of Indians are choosing to reuse their gold and predicts that high gold prices will continue to pressure imports for the next couple of months. Mehta notes that while many Indian consumers are buying gold to meet their wedding-related needs, they tend to stay away from the gold market once these needs are met. Gold prices have spiked worldwide in recent weeks, thanks to a combination…

WednesdayJan 03, 2024 11:05 am

Could This Be Ideal Time to Add Gold ETFs to Your Investments?

Gold prices have surged in recent months as falling treasury yields, a weak dollar and significantly increased safe-haven appeal bolstered the metal’s value. The ongoing conflict in Gaza has also had a positive effect on gold prices, increasing the precious metal’s value in the days and weeks after the initial invasion by Hamas and supporting its prices as investors remain wary of the conflict triggering a war in the broader oil-producing region. With several armed conflicts raging around the world and gold making regular gains, many investors are considering adding gold to their portfolios to gain some stability and protect…

TuesdayJan 02, 2024 1:44 pm

Fund Managers Rethink Copper Prices as Supply Situation Evolves

An unexpected drop in global copper supplies has left fund managers rethinking copper prices amid uncertain supplies and predicted shortages. Prior to the sudden drop in copper supply, experts predicted a market surplus that would last well into 2024 and support the steady increases in copper demand as the EV and green-energy industries grew. However, the closure of a major mine in Panama and reduced copper production by South American miners have cost the global supply an estimated 600,000 tons of copper and have plunged the market into a potential supply deficit. First Quantum's Cobre Panama mine had to shut…

FridayDec 29, 2023 12:46 pm

What is the Right Quantity of Silver in Your Investment Portfolio?

For centuries, silver has been used as a store of value, similar to other precious metals. Silver is used in various industries, with one of its primary uses being in solar energy as a conductor for photovoltaic cells. The metal also has a variety of technological applications, including its use in 5G connectivity. It is expected that silver’s industrial demand will continue to grow, particularly as the shift to renewable sources of energy gains traction. In recent times, this industrial metal has also become a popular option for investment. However, knowing the right quantity of silver to include in an…

ThursdayDec 28, 2023 12:44 pm

Records Show Chinese Imports of Coal from Australia, Indonesia Spiked in November

Latest figures show that coal imports into China from Indonesia increased by about 16% in comparison to import figures from October. In the same period, coal imports from Australia also rose by almost 30%, with the increase being attributed to utilities restocking in preparation for power generation through the winter. The General Administration of Customs also released data showing coal shipments from Indonesia, most of which are under annual supply contracts, hit 18.3 million metric tons in November. The coal has an energy content of about 3,800 kcal. China is currently the biggest buyer of coal, with total coal imports…

WednesdayDec 27, 2023 3:36 pm

How Long Should an Investor Keep Gold Holdings?

With the year drawing to a close, gold is shaping up to be one of the most attractive investment vehicles for investors. Several geopolitical factors coupled with investor fears of a war in the oil region have significantly increased gold’s safe-haven appeal in recent months and caused gold prices to rise. A weakening dollar coupled with a fall in treasury yields also caused gold prices to rebound even further, and by Dec. 20, 2023, spot gold was holding steady at $2,033.92 per ounce while gold futures were trading at $2,048.40. In the wake of gold’s significant rebound, many investors are…

TuesdayDec 26, 2023 12:10 pm

Copper Supply Unexpectedly Lower Than Initially Thought

The copper market has unexpectedly lost the surplus supply it was poised to enjoy for the next few years. Experts had predicted a surplus of the metal through the end of the year and into 2024; that surplus was expected to contribute to additional supply in the coming years. The general consensus was that there would be a comfortable supply surplus for the near future until surging demand from renewable infrastructure and electric vehicles tightened the market later in the decade. However, the mining industry dashed these expectations when it demonstrated how vulnerable it is to market factors such as…

FridayDec 22, 2023 2:41 pm

What Investors Need to Know When Comparing Risks of Gold ETFs vs. Physical Gold

With gold prices surging to historic highs in recent weeks, many investors are considering adding gold to their portfolios. Although the precious metal saw its performance falter in 2022 thanks to rising interest rates and a strong dollar, recent geopolitical events have significantly increased gold’s safe-haven appeal among investors. Gold has traditionally acted as a stabilizing asset that can protect portfolios from market volatility and inflation. Now that the ongoing conflict in Gaza is increasing fears of a broader conflict in the oil-producing region disrupting the global economy, investors stand to benefit a great deal by adding gold to their…

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