Commodities
U.S. Brokers Major Gold Deal With Venezuela's State Mining Company
As things continue to pop off in the Middle East, the United States is still focused on Venezuela - and has brokered a multimillion-dollar gold deal. The agreement, first reported by Axios, involves the sale of between 650 and 1,000 kilograms of gold doré bars - which are semi-refined with approximately 98% gold content - from Venezuela's state-owned mining company, Minerven, to the global commodities trader Trafigura. The gold is destined for refineries in the United States, marking a shift...
Commodities
Beyond mining: Oklahoma bets on refining to anchor US critical minerals supply chain
A series of early-stage proposed investments and federal funding programs are now converging in the State.
Commodities
Gold Soars Amid Intensifying Middle East War, U.S. Jobs Data
(RTTNews) - Gold prices have surged on Friday due to ongoing safe-haven demand driven by ongoing war in the Middle East. In addition, the U.S. nonfarm payrolls data rekindled rate cut expectations and supported precious metals.
Commodities
Forecasting the upcoming week: Middle East war boosts Oil, NFP miss shakes US Dollar
The Middle East crisis has escalated into an all-out war after the US and Israel assassinated the Supreme Leader of Iran on February 28. Iran not only targeted Israel but also attacked United States (US) military bases around the Persian Gulf.
Commodities
Silver Price Forecast: XAG/USD range-bound as RSI holds near 50 and MACD flattens
Silver (XAG/USD) trades modestly higher on Friday as the US Dollar (USD) and Treasury yields ease following softer-than-expected US Nonfarm Payrolls (NFP) data. Despite the intraday bounce, the white metal remains on track for its first weekly decline in three weeks.
Commodities
Gold price surges after weak US payrolls shake US Dollar
Gold price (XAU/USD) rallies on Friday during the North American session, boosted by a weaker-than-expected US jobs report and a risk-off market mood amid the Middle East conflict. At the time of writing, XAU/USD trades near $5,140, up more than 1%.
Commodities
Luca drills 14g gold that may grow Mexico mine
Luca's board has approved a 40% increase, $1 million, to the 2026 exploration budget.
Commodities
South32 Hermosa project closer to US federal approval
Draft decision from Forest Service advances Arizona zinc-silver project after years of environmental study and review.
Commodities
Gold struggles despite weak US NFP and elevated Middle East tensions
Gold (XAU/USD) struggles to gain traction on Friday as weaker-than-expected US Nonfarm Payrolls (NFP) data did little to dent the strength of the US Dollar (USD), while rising US Treasury yields continue to weigh on the non-yielding metal.
Commodities
Silver Price Surges to $84.20: Is This the Start of a Bull Run?
Silver (XAG/USD) is showing strong bullish momentum, jumping to $84.20 per troy ounce, a 2.65% increase. Safe-haven demand amid geopolitical tensions and a weaker dollar are fueling the rally, but investors should watch US jobs data for confirmation.
Commodities
Silver Price Forecast: XAG/USD trades broadly flat around $82.80 as investors await US NFP
Silver price (XAG/USD) trades broadly sideways around $82.80 during the European trading session on Friday. The white metal consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for February, which will be published at 13:30 GMT.
Commodities
Silver Price Analysis: XAG/USD Reacts to Geopolitical Tensions and US Economic Data
Silver (XAG/USD) is showing sensitivity to both geopolitical events and economic data. Recent price action reflects safe-haven demand amid conflict in Iran, offset by a stronger US dollar driven by positive economic news.