Precious metals markets got hammered earlier this week asinterest rates continued their relentless march higher. The 10-year Treasury note recorded its highest yieldsince 2007. Meanwhile, the average conventional 30-year mortgage rate surged to7.31% -- a level not seen since 2000. Higher rates are putting pressure on housing andfinancial markets. They are also hitting consumers and small businesse...Read More
With the fundamental roadblocks addingup, silver confronts a bearish outlook at nearly every turn.With the FOMC’s hawked-up SEP andPowell’s inflation focus upending several risk assets, rising real interestrates continue to weaken silver’s bull thesis.And with the Fed chief promising more of the same on Sep. 20, higher interest rates and/or a recessionare both bullish f...Read More
Fears of inflation remaining stubbornly high, andinterest rates going higher, rattled financial markets this past week. On Wednesday, the Federal Reserve left its benchmarkfunds rate unchanged as expected. However, Fed chairman Jerome Powell left thedoor open for another hike in the near future. He also suggested rates may needto stay higher for longer than previously expected. By Thursday, invest...Read More
(IDEX Online) - The IDEX Polished Price Index dipped very slightly during January (down by 0.27 per cent) following on from a 1.9 per cent rise in December.The change of direction, after a long post-Covid decline, reflects a confusion and uncertainty that seems to pervade the industry at present. The market appeared to be showing some early signs of a recovery as 2023 came to an end. What...Read More
(IDEX Online) - Gem Diamonds saw revenue and average per carat prices down by around a quarter during 2023 amid ongoing "downward pressure" in the rough market.The UK-based miner operates Letseng, in Lesotho, the highest dollar per carat kimberlite diamond mine in the world.It says total sales for the year were $139.4m, down 26 per cent, and the average per carat price was down 24 per cent to $1,3...Read More
(IDEX Online) - US consumers will spend a record $6.4bn on jewelry this Valentine's Day according to a new NRF survey. That's a 14 per cent increase on last year's predicted spend of $5.5bn.Over half the population (53 per cent) say they'll be celebrating, according to an annual survey by the National Retail Federation (NRF) and data insights company Prosper Insights & Anal...Read More
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We caught up with Evan Gappelberg, CEO of ARway.ai (CSE: ARWY | OTCQB:ARWYF | FSE:E65) to discuss the launch of the ...Read More
CEO.CA caught up with Andrew Thomson, President & CEO of Palamina (TSXV: PA | OTCQB: PLMNF) to discuss the origins of ...Read More
CEO.CA caught up with Paul Harbidge, President & CEO of Faraday Copper (TSX: FDY | OTCQX: CPPKF) to discuss the Copper ...Read More
Tom Bodrovics welcomes back once again, Dr. Stephen Leeb of Leeb Capital Management to discuss China's overall growth and ...Read More
Europa Oil & Gas PLC chief executive William Holland joined Proactive's Stephen Gunnion after the company received a crucial ...Read More
London's FTSE 100 opened higher, shrugging off the ramp-up of hostilities in the Red Sea as the US launched more missile ...Read More
Bradda Head Lithium executive chairman Ian Stalker joined Proactive's Stephen Gunnion with details of the latest drilling ...Read More
Cornish Metals Inc CEO Richard Williams speaks to Stephen Gunnion from Proactive on latest developments at the company's ...Read More
Olympio Metals Ltd (ASX:OLY) managing director Sean Delaney sits down with Jonathan Jackson in the Proactive studio to ...Read More
Astral Resources NL (ASX:AAR) managing director Marc Ducler sits down with Proactive's Elisha Newell to discuss what's in store ...Read More