Gold consolidated as traders weigh possible U.S.-Iran talks and the looming end of the cease-fire.
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.
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.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
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.
Pinnacle Silver & Gold Corp (TSX-V:PINN, OTCQB:PSGCF, FRA:P9J) said on Monday continued ground follow-up work at its Potrero project in Durango, Mexico, has led to new discoveries of polymetallic mineralization, including high-grade silver, gold, lead and zinc. The company said prospecting on the northern El Potrero claim block identified a new series of northeast-trending vein structures, dubbed Minas Nuevas, with assays reaching up to 1,159 grams per tonne (g/t) of silver, alongside 0.25 g/t gold, 4.72% lead and 0.1% zinc over 0.35 metres.
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.
The Russian property agency said on Monday it had valued a 67.2% stake in gold producer UGC at 140.4 billion roubles ($1.85 billion) ahead of an auction to sell the stake, which will be held at the start of May.
Gold and silver declined in early Asian trade amid renewed inflation concerns spurred by rebounding oil prices stemming from signs of re-escalating Middle East tensions.
Gold market gains as oil drops and tensions ease. Gold price forecast tracks Fed outlook, with rate cut odds slipping to 27% and uncertainty rising.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.