Tag: mining

Gold futures inch higher, holding ground at a nearly 3-week high above $1,800

Gold futures inched higher Tuesday, a day after the precious metal closed at its loftiest level in nearly three weeks, supported by weakness in the U.S. dollar. Investors are waiting for the the annual Jackson Hole central bankers monetary-policy symposium where Federal Reserve Chairman Jerome Powell on Friday may indicate that the central bank will slow […]

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As mortgage rates hover near historic lows, will Americans be able to take advantage of the savings?

Mortgage rates resisted the temptation to move upward after hitting the highest level in months a week ago. But research suggests that many households won’t manage to take advantage of the potential savings the low-rate environment represents. The 30-year fixed-rate mortgage averaged 2.86% for the week ending Aug. 19, down one basis point from the […]

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Mortgage forbearance is about to end for millions of Americans. Here’s why that’s good news for home buyers

Pandemic relief is set to run out for over 1 million Americans in the coming months, which means that many homes could be listed for sale, according to a new report. When the COVID-19 crisis began in the spring of 2020, federal regulators and lawmakers quickly acted to provide relief to homeowners who suddenly found […]

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London miners climb as JPMorgan turns bullish after sector’s underperformance

London stocks kept a foothold in the green Monday, helped by a positive start for August across global equities and gains for the heavily weighted mining sector, following a bullish ratings upgrade by JPMorgan. The bank’s global equity strategy team lifted miners to overweight from neutral, commenting that after a stretch of weakness — 16% […]

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Global gold investment down 60% in first half of 2021, report finds

Global gold demand declined in the first half of the year from the same period in 2020, as investment in the precious metal dropped by 60%, according to a report from the World Gold Council released Thursday. In the first six months of this year, world gold demand, excluding over-the-counter trades, totaled 1,833.1 metric tons, […]

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Gold prices notch a slight gain, but end below $1,800 for a second session

Gold futures logged a slight gain on Tuesday, but ended below closely watched $1,800-an-ounce mark for a second-straight session, holding ground near the lowest price in three weeks. The U.S. dollar traded with a “softer bias,” with gold holding to a tight trading range, ahead of Wednesday’s Federal Reserve announcement on monetary policy, said Chintan […]

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What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like when it hits maturity. Netflix’s growth stage hit warp speed during the COVID-19 pandemic, then fell off in the first quarter after nearly a year of staggering growth. When the […]

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