Gold is rebounding after falling for most of 2026. Gold is on the rebound. The price of the yellow metal hit an all-time high of $5,354 an ounce in late January, then fell 25% over the next five months, dropping below $4,000 an ounce by mid-July. But the price has risen sharply in August. As I write this, it’s trading …
Continue ReadingCritical minerals mining in the US is poised to benefit from a new $250-billion finance initiative announced by Bank of America on August 12. Bank of America announced an 18-month critical infrastructure finance initiative in honor of America’s 250th anniversary. The initiative aims to drive transformative infrastructure investment across the US, with the investments targeted for the development of digital, energy, power and core infrastructure that …
Continue ReadingCopper set a record on the Comex on Wednesday as a tame US inflation reading eased the threat of higher interest rates and a physical shortage in London pushed the premium on immediate delivery to its widest of the year. Copper for September delivery touched $6.7140 a pound ($14,802 a tonne) in New York, clearing the $6.7045 record set on August …
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