Tech stocks surged this week as US and Canadian jobs data bolstered interest rate cut expectations. Apple (NASDAQ:AAPL) hit a new all-time high on Wednesday (December 4), closing at nearly US$244, while Super Micro Computer (NASDAQ:SMCI) hit a weekly high of US$45.21 after a clean financial audit on Tuesday (December 3). Super Micro Computer also...

The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 1.22 percent on the week to close at 610.22 on Friday (December 6). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 0.16 percent increase to reach 25,691.8, while the CSE Composite Index (CSE:CSECOMP) dropped 2.68 percent to 137.68. The US Bureau of Labor Statistics released its employment situation...

The gold price has seen ups and downs since the US election. The yellow metal took a hit directly after Donald Trump’s victory, falling to the US$2,550 per ounce level. But then it staged a quick recovery, passing US$2,700. It’s now pulled back again, currently at around US$2,650. In his view, a fall to US$2,500...

Heading into 2025, he said he thinks the yellow metal will be the year’s best-performing asset. ‘I would have to take gold — and again, for me it’s the risk that if we go to US$107,000 on Bitcoin, let’s say, we could pull back to US$75,000 next year … that drawdown is a hefty drawdown...

Bitcoin surged past the US$100,000 mark for the first time this week, reaching an all-time high of US$103,713 on Wednesday (December 4) amid growing optimism about positive regulatory changes in the US. The popular cryptocurrency has been pushing higher since Donald Trump’s US election victory, and the latest rally was ignited when he said he...

Moderated by Thom Calandra of the Calandra Report, the precious metals panel at this year’s New Orleans Investment Conference featured several well-known gold analysts and market watchers. Omar Ayales, Rich Checkan, Jeff Deist, Avi Gilburt and Dana Samuelson took the stage for a 35-minute discussion that began with a discussion of the monetary value of...

Platinum is the third most traded precious metal in the world after gold and silver, and investment demand is growing. It is also an industrial metal that is widely used in a variety of sectors. The four main uses of platinum are in catalytic converters for the automotive industry; as a material in jewelry; in...

GreenTech Metals Ltd (ASX: GRE) (GreenTech or the Company) is pleased to announce a second stage drill program at the Whundo Cu-Zn project in the West Pilbara region, which is anticipated to commence in the coming weeks. Highlights GreenTech has finalised plans for the second stage drill program comprising up to 4,000m of diamond core...

Norway suspended its plans to open vast areas of its seabed for deep-sea mining on Sunday (December 1), reacting to pressure from environmental groups and political negotiations. The original proposal from the Norwegian government would have allowed companies to apply for licenses to mine around 280,000 square kilometers of seabed for minerals critical to modern...

After starting the year at around US$2,040 per ounce, gold set a record high of US$2,787.04 on October 30. Support for the precious metal took various forms. Central bank buying continued steadily, with China, India and Middle Eastern nations continuing to add to their gold reserves. The US Federal Reserve also helped drive the price...