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Homegold

gold

Rare Earth Minerals

Gold price slips with spotlight on US inflation data

February 13, 2023 Clark Savage

​Gold prices slipped on Monday due to upticks in both the US dollar and bond yields, with the spotlight on January’s consumer price index data which could steer the Federal Reserve’s rate hike strategy. Spot […]

bank
Finance

2022 was record year for central bank gold buying, WGC confirms

February 8, 2023 Clark Savage

​ Two years on from dropping to its lowest level in a decade, central bank demand for gold has rebounded strongly, with net purchases rising by 1,136 tonnes valued at some $70 billion in 2022, […]

gold
Rare Earth Minerals

Scientists search for dark matter in the depths of an abandoned gold mine

February 7, 2023 Clark Savage

​An interdisciplinary team of researchers is working to lure a hypothesized particle from outer space to the Sanford Underground Research Facility, housed in a former gold mine that operated at the height of the 1870s […]

Colombia
Alternative Investments

Colombian president reiterates negative to allow gold mining in the Andes mountains

February 4, 2023 Clark Savage

​During a meeting with páramo communities in the north-central Santander department, Colombian President Gustavo Petro reiterated his negative to allowing large-scale gold mining in the Páramo de Santurbán, a protected area of the Andes mountains. […]

Gold
Rare Earth Minerals

Gold price drops to 3-week low on solid US jobs data

February 3, 2023 Clark Savage

​Gold extended its decline on Friday after solid US non-farm payrolls data raised fears that the Federal Reserve could keep hiking interest rates to combat inflation. Spot gold fell 2.3% to $1,869.49 per ounce by […]

Gold
Investments

Gold price falls from nine-month peak following Powell’s dovish remarks

February 2, 2023 Clark Savage

​Gold prices retreated on Thursday as the dollar rebounded and some investors locked in profits after the safe-haven metal scaled a nine-month peak on dovish remarks from Federal Reserve Chair Jerome Powell. Spot gold fell […]

Gold
Investments

Yamana Gold, Pan American Silver shareholders approve Agnico Eagle Mines deal

January 31, 2023 Clark Savage

​Yamana Gold (TSX:YRI; NYSE:AUY; LSE:AUY) announced that at a special meeting of shareholders held Tuesday, Yamana shareholders voted overwhelmingly in favour of approving the previously announced acquisition by Pan American Silver of all of the […]

Gold
Rare Earth Minerals

Mining people: Li-FT Power, Patriot Battery Metals, Liberty Gold

January 27, 2023 Clark Savage

​Changes in management this week: CDN Maverick appoints Adam Cegielski as CEO. Li-FT Power announced David Smithson as SVP geology and Carl Verley as VP, exploration. Patriot Battery Metals appointed Natacha Garoute as CFO. Discovery […]

Gold
Rare Earth Minerals

Gold price edges down following strong Q4 US data

January 26, 2023 Clark Savage

Gold prices edged lower on Thursday following strong US economic data for the fourth quarter of 2022, though indications of a likely slowdown limited losses in the safe-haven metal. Spot gold was down 1.1% to […]

Aljazeera International

Central Banks Turn To Gold As Losses Mount

January 24, 2023 Clark Savage

Authored by Daniel Lacalle, In 2022, central banks will have purchased the largest amount of gold in recent history. According to the World Gold Council, central bank purchases of gold have reached a level not […]

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