Tag

Gold

All articles tagged with #gold

science1 day ago•5 min saved

Japan Seafloor Gold Hits Record Levels, Sparking Deep-Sea Mining Debate

Researchers analyzing Higashi-Aogashima hydrothermal vents off Japan found extremely high concentrations of gold trapped inside pyrite nanoparticles, the highest ever recorded, suggesting a potential new source for underwater mining but also raising environmental and feasibility concerns; the findings, published in Scientific Reports, come amid ongoing debate and moratoriums on deep-sea mining, with no commercial mine in operation yet.

via ScienceAlert|

#deep-sea-mining #gold #hydrothermal-vents

science3 days ago•12 min saved

Tiny core signal found in Hawaiian lava shows Earth's interior isn't sealed

Geochemists detected a core-like ruthenium-100 isotope signature in Hawaiian basalts, indicating trace amounts of Earth’s core material mix into the mantle plume feeding Hawaii’s volcanism. While this supports the idea that the core is not fully isolated from the mantle, the signal is tiny and gold itself was not enriched in the rocks, so there’s no mining implication. The finding suggests a leaky core–mantle boundary and raises questions about whether similar core-derived signatures appear in other deep-mantle plumes.

via Space Daily|

#core-mantle-boundary #core-material-mixing #gold

crime5 days ago•3 min saved

Elderly Washington resident handed $420K in gold amid scam spree

Over three days in Clallam County, Washington, scammers posing as Microsoft and FTC employees swindled residents of more than $670,000, including an 84-year-old who handed roughly $420,000 in gold after being told banks were under investigation; authorities urge pausing, verifying with trusted contacts, and avoiding payment with gold or gift cards or giving remote access.

via USA Today|

#crime #fraud-prevention #gift-card-scam

business6 days ago•5 min saved

Fremont Mine Poised to Spark an $8 Billion California Gold Revival

Lode Gold Resources has begun engineering studies at the Fremont Gold Mine in Mariposa County, estimating an inferred 1.98 million ounces of gold—worth about $8.2 billion at 2026 prices—and only about 8% of the resource has been mined. The project aims to establish a technical baseline and move toward a comprehensive mine plan with near-term production, contributing to a broader resurgence of mining along California’s historic Mother Lode and boosting local life in Mariposa County.

via New York Post|

#business #california #fremont-mine

markets8 days ago•4 min saved

Asia-Pacific stocks rise as tech rotation eases; U.S. markets pause for July 4

Asia-Pacific shares broadly climbed in afternoon trading as investors rotated out of technology stocks, with Japan’s Nikkei and Korea’s Kospi leading gains while the Kosdaq slipped. The U.S. markets were closed for Independence Day, but the Dow hit a record as the Nasdaq lagged on semiconductor weakness; other highlights included Kuaishou’s Tencent-backed Kling AI funding, oil edging higher on Iran diplomacy, and gold rising on softer U.S. jobs data, signaling a mixed risk mood.

via CNBC|

#asia-pacific #equities #gold

markets10 days ago•2 min saved

Gold slips on rate-hike fears, posting a 13-year quarterly rout

Gold fell into the second half of 2026, marking its worst three-month period since 2013 as inflation fears and potential U.S. rate hikes weigh on non-yielding assets; futures and spot prices declined, silver dropped as well, while analysts from Amundi say gold still serves as a diversification tool amid a volatile macro backdrop and ongoing central-bank diversification away from dollars.

via CNBC|

#central-banks #gold #gold-futures

markets10 days ago•2 min saved

Gold set for its worst quarter in 13 years as dollar strengthens and Fed rate bets rise

Gold edged up to about $4,031/oz but is on track for its worst quarterly performance since Q2 2013 as a firmer dollar and expectations of U.S. rate hikes weigh on non-yielding bullion; it would need a break above $4,100 to suggest a bottom, with the metal down more than 11% in June and broader weakness across precious metals.

via KITCO|

#dollar #fed-rate-hikes #gold

business10 days ago•4 min saved

Gold jumps to session high near $4,048/oz after June consumer confidence

Gold rose to a session high near $4,048/oz after the U.S. Conference Board’s June Consumer Confidence Index came in at 91.2 (below expectations but above May), with a weaker Present Situation but firmer expectations, aided by easing inflation fears from lower oil prices.

via KITCO|

#business #conference-board #consumer-confidence

markets10 days ago•4 min saved

Gold set for worst quarter in over a decade as retail frenzy fades

Gold slipped below $3,943 per ounce, its lowest since November, as bets on higher interest rates and fading retail enthusiasm push the metal toward its worst quarter in more than a decade. After a January peak near $5,595, prices have been pressured by ETF outflows, a stronger dollar, and Chinese trading restrictions, though central-bank demand could provide a floor.

via Financial Times|

#commodities #federal-reserve #gold

markets11 days ago•16 min saved

Goldman Sachs bets gold could reach 4900/oz by 2026

Goldman Sachs says gold has more upside and could hit about $4,900 per ounce by end-2026, driven by structural factors like EM central-bank diversification and rising gold reserves; near-term headwinds include a hawkish Fed and weaker ETF demand, but the bank expects these to ease as macro conditions shift and investors diversify into gold.

via Yahoo Finance|

#central-banks #gold #gold-reserves

markets12 days ago•2 min saved

Gold Dips 29% From Peak as Dollar Strength and Fed Bets Rise

Gold has corrected about 29% from its January all-time high of $5,589/oz, pressured by a stronger U.S. dollar and expectations of multiple Fed rate hikes as inflation resurges. The metal briefly slipped below $4,000 in late June, finding short-term support near $3,960–$3,970 before bouncing to about $4,050. Banks remain optimistic on gold’s longer-term outlook, citing ongoing central-bank buying and concerns over fiat currency debasement, with year-end targets cited up to $6,300.

via FXLeaders|

#central-banks #federal-reserve #gold

business16 days ago•4 min saved

Gold Eyes $4,000 as Dollar Strength and Fed Outlook Pressure Silver

Gold hovered near $3,998 and fell about 2.7% while silver dropped 6.5% to roughly $57.47 as a firmer dollar and hawkish Fed signals outweighed haven demand. Oil eased (Brent near $74) and the 10-year yield about 4.41%, with stocks mixed. Technicals show gold support around $3,950 and resistance at $4,000 then $4,350 (potential move to $4,500 on a sustained rally); silver faces resistance in the $60–72 zone with a path to $78.60 on the upside and key downside near $55–$45, respectively.}

via KITCO|

#business #dollar #federal-reserve

markets17 days ago•1 min saved

Hawkish rate bets weigh on gold and silver as tech sell-off hits markets

Gold and silver fell as tech-stock weakness and bets on higher rates after a hawkish Fed meeting reduced demand for safe-haven assets; gold futures hovered around $4,140/oz and silver near $62/oz, as banks downgraded forecasts and Deutsche Bank warned that 3–4 rate hikes could push gold to about $3,800, with a hold potentially lifting it toward $4,300.

via CNBC|

#fed #gold #markets

sports18 days ago•3 min saved

USMNT Weighs Rotation in World Cup Dead Rubber vs Türkiye

With Group D already clinched, the USMNT faces Türkiye in a meaningless final and Sports Illustrated outlines three routes for coach Mauricio Pochettino: full rotation to give fringe players minutes, minor changes and a formation tweak to test systems while watching yellow-card risk, or sticking with the first-choice XI if Christian Pulisic is healthy to preserve momentum. The decisions hinge on balancing rest, avoiding suspensions, and keeping confidence and sharpness for the knockout rounds.

via Sports Illustrated|

#gold #injury #lineup

business21 days ago•11 min saved

Gold Dips Near Third Weekly Decline as Fed Hawkishness Lifts the Dollar

Gold prices moved lower in Asian trading, heading for a third straight weekly decline as the Fed’s hawkish outlook kept yields and the dollar firm, dampening bullion demand; spot gold traded around $4,135 an ounce and August futures near $4,152, with broader metals slipping as dollar strength weighed on demand.

via Yahoo Finance|

#business #dollar #fed