Lancaster Resources Inc (CSE:LCR, OTCQB:LANRF) earlier this week announced the acquisition of the Lake Cargelligo Gold Project in New South Wales, Australia. The company said the project aligns with its strategy to target critical and precious metals with significant exploration upside.
As gold continues its historic climb—surpassing $3,400 an ounce and setting new inflation-adjusted records—one question looms large: where are the investors? In this op-ed, Frank Holmes, CEO of U.S.
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.
Silver and platinum markets are also moving lower ahead of the weekend.
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
The gold market initially rallied during the week, touching the significant $3500 level. However, we have since pulled back rather significantly, showing a bit of profit taking as traders are looking to the tariff noise for direction.
Year-ahead inflation expectations jumped from 5.0% in March to 6.5% in April.
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.
Gold has rebounded from $3,260 and is consolidating as it awaits the next direction, while silver remains bullish following a strong correction in the gold-silver ratio.
Gold maintains its uptrend in the early Asian session following overnight gains.
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.