Vedanta to sell its foreign zinc assets to Hindustan Zinc for $2.98 bn
Metals and mining major Vedanta on Thursday said that its board had approved the sale of its international zinc assets in South Africa and Namibia to subsidiary Hindustan Zinc (HZL) for $2.98 billion. In a disclosure to the stock exchanges, Vedanta said the transaction would be an all-cash […]
Gold, silver prices rise; yellow metal selling at Rs 51,600 per 10 grams
Gold prices rose on Saturday by Rs 220, with 10 grams of the yellow metal (24-carat) trading at Rs 56,290. Silver price also rose by Rs 100 per kilogram from yesterday’s close. The precious metal was selling at Rs 72,000 per kg. The price of 22-carat gold rose […]
Will disinflation inflate Silver prices?
Disinflation continues, and it’s good news for silver prices. The odds of seeing a less hawkish Fed are rising! Great news for the economy and the precious metals! The prices declined in December 0.1% compared to November. The deflation followed 0.1% inflation in the preceding month. The core inflation, which excludes food and energy prices, […]
Indian gold prices hit record high, dampening demand, say dealers
MUMBAI (Reuters) – Indian gold futures hit a record high on Friday, tracking gains in overseas market, but the price rise dampened demand in the world’s second biggest consumer of the precious metal, dealers said. Local gold futures rose to 56,245 rupees ($691.45) per 10 grams, surpassing the previous […]
Silver to Outperform Gold, Mainstream Media Is Clueless
Silver and gold were featured in a mainstream news article recently, and as Mike Maloney shows in today’s video – it is proof that they really don’t know what they are talking about. Join Mike as he gives his opinion on the price targets given for silver, and hear his method for obtaining twice as much […]
‘Major Wipeout’ Of Fiat Currencies This Year To Cut Dollar In Half?
The US dollar crushed nearly every other currency in 2022, though it’s off nearly 10% from last year’s highs now.While much debate currently centers around whether the dollar will weaken further will or resume its run higher in 2023, today’s guest is more concerned about how much longer it has left as the pre-eminent currency […]
Gold, silver prices fall, yellow metal selling at Rs 55,960 in early trade
The price of gold fell by Rs 170 on Thursday, with 10 grams of the yellow metal (24-carat) trading at Rs 55,960. Silver price also fell by Rs 300 per kilogram from yesterday’s close. The precious metal was selling at Rs 71,500 per kg. The price of 22-carat gold fell Rs […]
XAG/USD rejected from $24.00, looks at $23.00
XAG/USD is under pressure after breaking short-term support levels during the American session. The metal is under pressure, approaching the $23.00 level. US Dollar mixed as equity prices rises modestly. Silver is under pressure during Wednesday’s American session, trading at the lowest level since Friday, near $23.20. The white metal is falling by 1.25%, getting […]
Gold prices fall, yellow metal sells at Rs 56,130; silver remains unchanged
The price of gold fell by Rs 160 on Wednesday, with 10 grams of the yellow metal (24-carat) trading at Rs 56,130. Silver price, on the other hand, remained unchanged from yesterday’s close. The precious metal was selling at Rs 71,800 per kg. The price of 22-carat gold fell Rs […]
Why I Believe GOLD & SILVER is the Place to Be in 2023
Join Mike Maloney as he examines some extremely interesting data points for the gold and silver markets. Where are the prices for these metals headed in 2023? How could a recession affect their performance? Are there any other safe havens? Tune in today to find out.About Mike MaloneyMike Maloney is host of the smash hit […]