base-metals

    To predict silver price performance in a recession, look to copper – StoneX’s Rhona O’Connell teaser image
    Silver

    To predict silver price performance in a recession, look to copper – StoneX’s Rhona O’Connell

    Silver’s performance in a recession is more closely tied to copper than gold, says analyst Rhona O'Connell, as industrial demand drives the gray metal's value.
    Gold

    Newmont shrugs off 13% gold-price correction with record second-quarter free cash flow, tops earnings estimates

    (Kitco News) - A 13% correction in gold prices during the second quarter has not been enough to derail the trajectory of the world's largest gold miner, after it delivered strong earnings and reaffirmed its full-year production guidance.
    Gold

    Gold falls as oil spike, higher yields pressure metals - Kitco PM Report

    (Kitco NewsWire) - Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Thursday, as rising Treasury yields, a firmer U.S. dollar and a renewed crude-oil spike outweighed safe-haven demand tied to the U.S.-Iran conflict. At the time of writing, spot gold was trading near $4,047.80 an ounce, down 1.98%, while spot silver was trading near $57.64, down 3.46% on the session.
    Gold

    Retail investors remain confident in gold despite recent selling as healthy profit-taking replaces panic, says EverBank's Gaffney

    (Kitco News) - Although gold continues to struggle near $4,000, support is holding, and retail investors are showing little sign of capitulation, according to one market expert, who said the current selling reflects disciplined profit-taking rather than financial distress.
    Freeport's gold business shines despite bullion's worst quarterly decline since 2013 teaser image
    Gold

    Freeport's gold business shines despite bullion's worst quarterly decline since 2013

    (Kitco News) - Even as gold prices suffered their steepest quarterly decline in more than 13 years, the mining sector continues to set a brisk pace as earnings season kicks off with the world’s largest copper producer.