The US Bureau of Economic Analysis released February personal consumption expenditures (PCE) index data on Friday (March 28). The figures show inflation increased 2.5 percent on an annualized basis in February, aligning with analyst expectations and reflecting no change from the 2.5 percent recorded in January. On a monthly basis, inflation rose by 0.3 percent, also matching January’s increase. However, ...
The gold price continued moving higher this week, reaching yet another record. After trading as low as US$3,006 per ounce on Monday (March 24), the yellow metal took off midway through the week, closing at US$3,085 on Friday (March 28). So what factors are moving gold right now? Many experts agree that the precious metal is benefiting from long-term underlying ...
Gold has long been considered a store of wealth, and the price of gold all time high often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs as ...
Gold has seen rapid price gains in 2025 — is its move past US$3,000 per ounce sustainable? Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, said although the metal’s ascent has been quick, it’s underpinned by strong fundamentals. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post ...
Danielle DiMartino Booth, CEO and chief strategist at QI Research, shares her US economic outlook, saying layoffs and bankruptcies are putting the Federal Reserve in a ‘tight position.’ She sees the central bank potentially cutting rates four to five times in 2025. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This ...
Fury Gold Mines (TSX:FURY,NYSEAMERICAN:FURY) announced that its acquisition of Québec Precious Metals (QPM) (TSXV:QPM,OTCQB:CJCFF) is advancing on schedule, on track to reach completion before April 30. The deal, announced in February, aims to consolidate a 157,000 hectare portfolio of gold and critical minerals projects in Québec, positioning the combined company for enhanced exploration and growth. QPM has obtained both a ...
The global auto industry was thrown into turmoil on Wednesday (March 26) as US President Donald Trump announced sweeping 25 percent tariffs on imported vehicles and auto parts. The tariffs, set to take effect in early April, mark a significant escalation in Trump’s ongoing trade war and are expected to raise car prices, disrupt supply chains and provoke retaliatory measures ...
The lithium market continued to battle headwinds during the first quarter of 2025 as residual oversupply weighed on prices, pushing them to a four year low. Weaker-than-expected demand to start the year also added pressure to the oversupplied market, resulting in the lithium carbonate CIF North Asia price to fall below US$9,550 per metric ton, its lowest point since 2021. ...
Anteros Metals Inc. (CSE: ANT) (‘Anteros’ or the ‘Company’) is pleased to announce the completion of 3D geological modelling of its 100% owned, road-accessible Havens Steady VMS Property (the ‘Property’) in central Newfoundland. The Property is located approximately 40 kilometres southeast of Buchans and 17 kilometres from the past-producing Duck Pond Mine. The inaugural 3D model integrates over 8,000 metres ...
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’) is pleased to announce that it has entered into a Memorandum of Understanding (‘MOU’) with Granada Gold Mine Inc. (‘Granada’) (collectively, the ‘Parties’) dated March 25, 2025 to assess the design criteria for processing mineralized material from the Granada Gold Project (‘Granada Gold’ or the ‘Project’) ...