Gold Stock Analyst Highlights ‘Rare Opportunity’ for Investment in Miners
Stock image. Gold equities are being “mispriced unbelievably” in today’s market given the prospective rise in the metal’s price, says stocks expert and author Don Durrett, who is projecting gold at $4,000/oz. in his valuation models. Durrett spoke about his strong conviction in gold stocks’ future value in the latest episode of the CrashLabs podcast […]
March Inflation Shows Signs of Cooling, Providing Bank of Canada More Flexibility to…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Canada’s Consumer Price Index retreated surprisingly to 2.3% annually, down from 2.6% in February, undershooting FactSet estimates of 2.7%, as prices of crude oil fell on concerns over weakening global oil demand and slowing economic growth. According to the latest […]
Gold Originally Flowing into the US Amid Tariff Expectations Now Gradually Exits
Stock image. The gold that flooded into US futures exchange warehouses in a tariff-driven arbitrage trade is now slowly trickling out. The risk that precious metals could be caught up in trade duties pushed prices on New York’s Comex into a large premium over global benchmarks in recent months. That created an incentive for traders […]
Will the Bank of Canada Lower Interest Rates on…
Bank of Canada officials will be juggling a wide array of macroeconomic indicators as they gather to make their next decision on interest rates on April 16. Given the high uncertainty around tariffs, and with the full effects of previous rate cuts still to materialize, analysts say the central bank may stand pat and await […]
What’s the Future of Gold in the Face of Global Market Turmoil?
Gold has resumed its upswing after a brief stumble when President Donald Trump paused tariffs on many countries for 90 days as worries about the US-China trade war continue to ripple through the markets. Analysts say that the backdrop of extreme levels of uncertainty about the global economic and geopolitical landscape leaves gold prices ripe […]
Top International Stock ETFs for Canadian Investors
Investing internationally can provide a dizzying number of options, even when only looking at developed markets. Exchange-traded funds focusing on international developed markets can be an easy way to geographically diversify a portfolio. For investors trying to decide which international stock ETFs to invest in, we screened ETFs in the international equity fund category to […]
Sanctuary in the Gold Trade War – MINING.COM
Stock image. With an unprecedented global trade war underway, market volatility has been extreme. Stock markets around the world and major commodities have been hammered on great uncertainty. But gold’s star is rising, increasingly becoming the leading refuge amidst this chaos. Gold demand is surging as everything else burns, breathing new life into gold’s remarkable […]
Goldman Sachs Raises Gold Price Forecast to $3,700 Again
Stock image. Goldman Sachs has once again lifted its year-end price target for gold — this time to $3,700 an ounce — amid uncertainty surrounding the state of the global economy. In a note issued late Friday, the bank upgraded its 2025 price target following gold’s impressive recovery from the market selloff triggered by the […]
Fortuna Mining Sells Burkina Faso Operations for $130 Million
Processing plant at Yaramoko. Credit: Roxgold Fortuna Mining (NYSE: FSM, TSX: FVI) agreed to sell its Burkina Faso operations to Mauritius-based Soleil Resources International for about $130 million cash. The sale represents “a prudent exit that optimizes value” given the increasingly challenging business climate in Burkina Faso, Fortuna CEO Jorge Ganoza said in a statement […]
Canadian Dollar Surges, Yet Future Outlook Remains Highly Uncertain
The Canadian dollar soared 0.7% on Friday trading at C$1.39, posting the biggest gain in five months against the US dollar as the greenback fell across the board. “The Canadian dollar strength has more to do with the US and the rest of the world than anything specific to Canada,” says Tom Nakamura, currency strategist […]