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Current Gold News

Current gold news and its effects on gold bullion companies

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2023 will see gold at $2,000 as miners' deposits are depleted – GoldMining's Alastair Still

By Frank Barberetta | March 21, 2023

(Kitco News) – Gold miners need to invest in exploration instead of buybacks and dividends if they have any hope of meeting demand, according to Alastair Still, CEO of GoldMining, a company with gold and gold-copper projects across the Americas.

Swiss Banking Association: Credibility in Swiss banking has not been destroyed by the Credit Suisse crisis

By Frank Barberetta | March 21, 2023

Dr. Marcel Rohner, Switzerland’s Banking Association Chairman, said on Tuesday, “credibility in Swiss banking has not been destroyed by the Credit Sui

GBP/USD retreats from multi-week high, slides below mid-1.2200s amid modest USD strength

By Frank Barberetta | March 21, 2023

The GBP/USD pair comes under some selling pressure on Tuesday and snaps a three-day winning streak to its highest level since early February, around t

Gold and silver prices retrace after 10% rallies, bulls still favored

By Frank Barberetta | March 21, 2023

Precious metals are continuing the retracement initiated on Monday as the financial markets try to settle down from the huge stress seen over the last

NZD/USD: NZ’s remoteness to instability still makes it one of the “cleaner dirty shirts” – ANZ

By Frank Barberetta | March 21, 2023

The Kiwi is lower. But analysts at ANZ Bank are not reading too much into it given how volatile markets have been of late. Lots of balls in the air “F

Australia: Labour market remains (very) tight – UOB

By Frank Barberetta | March 21, 2023

Economist at UOB Group Lee Sue Ann reviews the latest jobs report in Australia. Key Takeaways “Australia’s seasonally adjusted unemployment rate fell

Is now the time for Nasdaq gains? [Video]

By Frank Barberetta | March 21, 2023

Ever since the SVB and Credit Suisse banking crises markets have been worried about contagion fears. The question is whether the Fed will change its p

USD/CAD: Canadian inflation may have a very limited impact on the Loonie – ING

By Frank Barberetta | March 21, 2023

Inflation data for February will be published in Canada today. But the CPI report is unlikely to impact significantly the Loonie, economists at ING re

USD/JPY steadily climbs to 132.30 area amid positive risk tone, upside seems limited

By Frank Barberetta | March 21, 2023

The USD/JPY pair builds on the previous day's recovery from the vicinity of mid-130.00s, or its lowest level since February 10 and gains strong follow

European Monetary Union Construction Output s.a (MoM) registered at 3.9% above expectations (0.1%) in January

By Frank Barberetta | March 21, 2023

European Monetary Union Construction Output s.a (MoM) registered at 3.9% above expectations (0.1%) in January

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