Referring to the World Gold Council’s latest report, he highlighted the return of western exchange-traded fund investors. With interest rates on the decline and geopolitical turmoil still strong, they’ve been more eager to buy. ‘Overall holdings of gold in investment portfolios has been stable, but actually adding to gold allocations has required that opportunity cost,...

A contraction continued in the cobalt market during the year’s third quarter, with metal values falling from US$27,151.50 per metric ton (MT) on July 1 to US$24,299 by the end of September. The 10 percent decline is part of a larger 16.56 percent year-to-date contraction. “This quarter saw minimal pricing movements as the market experienced...

Major pharmaceutical players Eli Lilly (NYSE:LLY), AbbVie (NYSE:ABBV) and Pfizer (NYSE:PFE) reported mixed Q3 results, with each company facing distinct market forces, ranging from supply issues to financial constraints. In its latest quarterly report, released on Wednesday (October 30), Eli Lilly missed on sales expectations for Zepbound, its popular weight-loss drug, and Mounjaro, its diabetes...

Piche Resources Limited (ASX: PR2) (“Piche” or the “Company”) is pleased to announce drilling results from a further eight holes at its Ashburton uranium project in Western Australia. Results to date highlight the potential for both high grade and broad zones of uranium mineralisation. HIGHLIGHTS ADD003 has delivered the widest intersection recorded to date with...

Fission Uranium (TSX:FCU,OTCQX:FCUUF) has expanded its uranium exploration portfolio in and around Northern Saskatchewan’s Athabasca Basin by staking four additional properties. According to the company’s Thursday (October 31) press release, the new sites, called Typhoon, Corsair, Merlin and Seahawk, encompass thousands of hectares and are situated near established uranium-producing areas and deposits. Typhoon, which is...

Wall Street had a mixed week, with indexes rising early in the week but closing lower on Thursday (October 31) due to concerns about rising AI costs and weak economic data. Despite a weaker-than-expected US jobs report on Friday (November 1), the market opened higher, helped by a strong earnings report from Amazon (NASDAQ:AMZN), which...

Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to report an updated JORC compliant (2012 Edition) Mineral Resource Estimate (MRE) for the 100%-owned Feysville Gold Project (Feysville), located 14km south of Kalgoorlie in Western Australia (refer to Figure 2 below). HIGHLIGHTS: Updated JORC 2012 Mineral Resource Estimate (MRE) of 5.0Mt at 1.2g/t...

Gold is known as an attractive safe-haven investment and has been used to store wealth during volatile times through history. It has interesting currency-like tendencies, and retains its purchasing power better than paper currencies. What physical gold product is best to buy? Physical gold investors are generally looking for items that are 0.999 fine. Most...

In recent years, the global oil market has been impacted significantly by COVID-19 disruptions, price wars between oil-producing nations, Russia’s war in Ukraine and the conflicts in the Middle East. Just as oil demand was rebounding as COVID-19 lockdowns eased worldwide, pushing prices higher, Russia’s aggressive war against Ukraine set in, sending oil skyrocketing. However,...

The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 2.87 percent on the week to close at 603.95 on Friday (November 1). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was down 0.82 percent to 24,255.16. Statistics Canada released its August GDP figures on Thursday (October 31). The data indicated GDP remained flat following a 0.1 percent increase in...