Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Shares in Cloudbreak Discovery PLC (LSE:CDL, OTC:CDBDF) fell 18% to 0.62p despite reporting high-grade gold assay results from its Crofton project in Western Australia, as investors reacted to dilution from a £1.85 million placing announced alongside the update. The stock has powered up 373% over the past 12 months.
Goldman Sachs identifies central banks and private sector buyers as the chief vectors behind gold's expected rise in 2026.
A big change in the news on Wednesday afternoon may have slowed gold's prospects for reaching $5,000 an ounce any time soon.
Gold surged to a fresh record high before stalling near key Fibonacci resistance, with short-term momentum pausing as traders watch for either continuation or a healthy pullback.
C3 Metals Inc (TSX-V:CCCM, OTC:CUAUF) said on Wednesday it has entered into a bought deal private placement agreement with Paradigm Capital Inc. and a syndicate of underwriters to raise up to C$20 million.
Gold prices broke another record today, with investors flocking to the safe-haven asset after President Donald Trump threatened to impose tariffs on countries that oppose the sale of Greenland.
In October, gold hit a significant milestone, reaching $4,000 an ounce for the first time. Less than four months later, the precious metal is well on its way to $4,900 an ounce in an astonishing push that shows no signs of stopping.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Buying gold has become the antidote for market jitters.