Gold and silver joined a broad sell-off on Thursday, with the metals shedding 2% and 5.5%, respectively, as fears about the Iran war and inflation gripped global markets. At 6:26 a.m. ET, spot gold was down 2.8% at $4,682.78 an ounce. Front-month gold futures were down 4% at $4,700.20. Stock Chart IconStock chart icon Gold…
European markets traded higher on Monday, as investors digest the key points from this year’s Munich Security Conference. The pan-European Stoxx 600 was up 0.2% at 10:25 a.m. in London (5:25 a.m. ET), with major bourses and most sectors in the region in positive territory. Geopolitics and defense returned to the spotlight as investors focused…
Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged Friday, as President Donald Trump‘s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve…
Mining stocks have been on a tear, with multiple metals repeatedly smashing records, but analysts are split on whether it will continue. Gold futures for February hit a record of $5,100 per ounce on Sunday and silver futures for March reached a high of $115.5 per ounce the following day. Investors tend to flock to gold…
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch Ian Holloway, one of the most eccentric managers in British football, is famous for his idioms and sayings. One of his most celebrated came when, in May 2004, his Queens Park Rangers team…
