Aurion CEO, Matti Talikka, provides a brief summary of our recent drilling news from February 27, 2024 The news is from drilling ...Read More

Barry Dawes of Martin Place Securities shares his thoughts on the current state of the gold market and where he believes it is headed.Gold is still holding on, but sentiment is very poor.Will it hold above US$2000 for another monthly close in February?KeypointsGoldAnother monthly close above US$2000 would be very positiveMarket sentiment is very poorBulls giving upGold StocksXAU at a critical leve...Read More

Even as the gold market continues to hover seemingly without finding any traction above US$2,000 an ounce, and the Fed signals it's in no hurry to cut interest rates, some analysts continue to see bright skies ahead this year for the precious metal.Even as the gold market continues to hover seemingly without finding any traction above US$2,000 an ounce, and the Fed signals it's in no hurry to cut...Read More

Global Analyst Adrian Day reviews year-end financials from several companies in the resource and global markets. Most of them had some disappointing news in their results, according to Day, but he leads with a junior that received some unvarnished great news.Orogen Royalties Inc. (OGN:TSX.V) received good news when AngloGold Ashanti Ltd. (AU:NYSE; ANG:JSE; AGG:ASX; AGD:LSE) held its yearend analys...Read More

LONDON, 8 February 2024 - Data from BullionVault features today in the latest gold-market report from Japanese financial news and data service JiJi Press."Weak physical demand in Europe and the US is a factor limiting upside in the gold price," says the report, noting that customer gold holdings at BullionVault - "the leading online precious metals bullion trader" - fell for the 5th consecutive mo...Read More

LONDON, 1 February 2024 - This month's Lunar New Year holidays in China could offer Western investors the chance to buy gold on a dip in price, says leading US financial news-site MarketWatch today, quoting analysis from BullionVault. While China's surging private-household gold demand "shows no sign of letting up," says the report, "Western investors who want a dip in the gold price to start ad...Read More

LONDON, 31 January 2024 - Comment from BullionVault features today in a report on last year's global gold demand from the Financial Times, the UK's financial newspaper of record."Blistering demand from central banks also helps keep yellow metal above $2000 per Troy ounce," says the FT.Read the full story, including BullionVault's comments, in today's newspaper or at FT.com here:Chinese investors b...Read More

(IDEX Online) - Two people have been arrested after packages of jewelry were allegedly intercepted from delivery companies in Sacramento, California, USA.One of the, named as Lakisha Pettus, is accused of posing as a jewelry company employee to trick deliverers into handing over three packages, valued at $86,000.The other, Kyle Gutierrez, is accused of taking delivery of three packages,...Read More

(IDEX Online) - Lab grown prices have yet to bottom, and could fall by a further 80 per cent, says one industry expert.The gap with natural diamonds has been widening since labs growns first became mainstream in 2018.In some cases like-for-like lab growns are now just 10 per cent the price of a natural.But Cormac Kinney, CEO of the commodities trading firm Diamond Standard, believes there's s...Read More

(IDEX Online)  - Diamond Foundry, the Silicon Valley startup, says test production of lab growns at its new factory in Trujillo, Spain, will begin this autumn.It estimates output at more than 2m carats a year with 168 plasma reactors using its own patented CVD (chemical vapor deposition) method.The majority of the diamonds it produces will be for the automotive sector or 5G communication netw...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM ESTS&P 500 futures recovered 4 points following release of revised annualized U.S. fourth quarter 2023 GDP at 8:30 AM EST. Consensus was growth at 3.3% annual rate versus a gain of 4.9% in the third quarter. Actual was growth at a 3.2% rate.Agilent added $7.45 to $140.00 after reporting higher...Read More

Although my focus is on markets rather than politics, it's impossible to forecast markets without understanding what's going on in the political realm. While there are important Senate and House races this year, all eyes are focused on the presidential race likely (as of now) to be between Joe Biden and Donald Trump.A Trump vs. Biden (if he makes it) replay of the 2020 election could be close and...Read More

Yesterday we asked:Which democracy was superior, we asked modern American democracy or ancient Athenian democracy?We slanted in the direction of Athenian democracy.That is because Athenian democracy minded its money.Athenian democracy amassed a handsome budgetary surplus... over which the citizens themselves stood watch.They could have gotten their hands upon this vast amassing. Yet they did n...Read More

Seabridge Gold Inc. announces it has filed a new technical report for its 100%-owned Courageous Lake project in the Northwest Territories that makes the operation "considerably more sustainable and profitable." Read why at least one analyst agrees.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced it has filed a new National Instrument 43-101 technical report for its 100%-owned Courageous Lake p...Read More

GDXJ declined once again yesterday,but the situation in silver juniors is even worse!Silver Juniors inTroubleYes, it is possible for a market to bein an even worse position than gold junior mining stocks – that’s the case withsilver juniors.To be precise, the GDXJ aims to beexposed to about 80% gold juniors and 20% of silver juniors, but the SILJ ETFaims to be exposed to just silver mi...Read More

The gold miners’ stocksare lagging gold’s strong young upleg, their gains falling behind.  Their striking performance gap is undermininggold-stock sentiment, leaving traders even warier of this sector.  While definitely vexing, this anomaly has onlyarisen over the past couple weeks.  Goldstocks’ precedent during past major gold uplegs implies this will unwind soon,...Read More

(IDEX Online) - Tiffany & Co tops the list of jewlery brands sold on the e-commerce marketplace 1stDibs.Cartier takes second place, followed by Van Cleef and Arpels, Bulgari and David Yurman in the company's first Jewelry Trend Report.The US-based company said Art Deco engagement rings were the most popular (49 per cent of orders) followed by Contemporary, Edwardian, Retro ad Artisan.Roun...Read More

(IDEX Online) - LVMH is the world's most valuable luxury company, based on market capitalization and revenue.That's according to Insider Monkey, the investing website that has just published its top 25, based on a snapshot of their figures from 15 February.  The French conglomerate LVMH (Louis Vuitton Moet Hennessy), owns 75 maisons, including eight watch and jewelry brands (am...Read More

(IDEX Online) - Online searches for engagement rings have spiked ahead of Leap Day today  - when women traditionally switch roles to pop the question.It's already a busy month for diamond sales because of Valentine's Day, but 29 February increases demand every four years, says eBay UK.The e-commerce giant says there's been a 220 per cent increase in searches for engagement ring...Read More

U.S. equity index futures were higher this morning. S&P 500 futures added 5 points at 8:35 AM EST.U.S. equity index futures recovered 22 points following release of January Core PCE Price Index at 8:30 AM EST. Consensus was an increase of 0.4% versus a gain of 0.2% in December. Actual was an increase of 0.4%. On a year-over-year basis consensus was an increase of 2.8% versus a gain of 2.9% in...Read More