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MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Gold eyes third weekly gain as markets look to Trump inauguration
Gold prices were pressured by an uptick in the U.S. dollar on Friday, but remained on track for a weekly gain as uncertainties around President-elect Donald Trump's policies and renewed bets of further rate cuts lifted bullion above the key $2,
Gold Steady, Supported by Fed Rate-Cut Prospects
Gold was steady in the early Asian session, supported by prospects of Fed rate cuts that would bolster the allure of the non-interest-bearing precious metal.
Gold price today: MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Following the US Fed rate cut buzz on soft US core inflation data, MCX gold rate registered gains during early morning deals on Thursday. Gold futures contract on Multi Commodity Exchange (MCX)m for February 2025 expiry opened flat at ₹78,
Rise of illegal gold mining in Africa
Illegal South African miner on 6-month ordeal underground and illicit gold industry
The tragedy at the abandoned gold mine near the town of Stilfontein began to unfold in August, when police cut off food supplies for a period of time to the miners working illegally in the mine's tunnels.
The rise of illegal gold mining in Africa
In South Africa, a months-long standoff between police and illegal gold miners has resulted in over 100 deaths. This surge in illegal gold mining has highlighted the growing dangers of the industry. Zinhle Essamuah traveled to West Africa to explore the forces driving the dark side of the gold rush.
The Perils Of S. Africa's Illegal Mining Sector
The derelict Stilfontein shaft, which became a hell hole for hundreds of trapped miners, is just one of 6,000 that have been abandoned by South Africa's gold extraction companies.
Colorado, mollie kathleen gold mine
Colorado investigators blame 'operator error' in deadly 2024 gold mine incident
Investigators determined that the incident at the Colorado tourist mine was "not attributed to current mine practices or equipment malfunctions."
Operator Error Blamed for Elevator Incident That Led to Death of Guide at Former Colorado Gold Mine
Authorities say an incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and trapped a group of tourists for hours last year was caused by “operator error.
Deadly Colorado gold mine malfunction deemed 'operator error,' sheriff says
An October elevator malfunction in a Colorado gold mine that killed a tour guide and stranded nearly two dozen people underground for hours was caused by “operator error,” Teller County sheriff’s officials said Wednesday.
1d
Gold climbs to over one-month high on weaker yields after US data
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields ...
2h
on MSN
Trump Tariff Risks Are Fueling a Chaotic Hunt for Gold in London
The risk that President-elect Donald Trump will impose universal import tariffs is causing fresh turmoil in the global gold ...
2d
on MSN
Does gold investing still make sense? Pros and cons to know for 2025
The price of gold soared past $2,700 per ounce in October 2024 — a record high that sparked widespread interest among ...
29m
Why gold is just a stone’s throw from fresh record highs
Gold has started the year off strong, with prices having already gained 5% since the end of 2024 and taking a shot at fresh record highs. Investors are betting on lower U.S. interest rates this year, ...
2h
on MSN
Yankees Predicted to Sign 'Dynamic Jack-Of-All-Trades' Gold Glove Winner
The New York Yankees could use another versatile infielder before the 2025 regular season starts. Could Ha-Seong Kim be a ...
1d
on MSN
What gold assets offer the most liquidity to investors?
Some types of gold investments may be more liquid than others — and it can benefit you to know what those are.
2d
on MSN
Rescuers try to free men trapped in South African gold mine with scores reported dead
The South African government has launched a rescue operation at an abandoned gold mine in the country’s North West province, ...
2d
on MSN
Rare Roman Gold Coins Worth $322,000 Found in Luxembourg
A hoard of Roman coins dating from the Fourth century and covering the reign of nine emperors has been found in northern ...
2d
Gold Miners Reaping A Record Cash Harvest
Cash harvesting sounds more like farming than mining but that’s the point reached by goldmining companies after three years ...
4h
on MSN
A rare gold medal from the 1904 St. Louis Olympics sells for $545,371 at auction
A gold medal awarded at the first Olympics hosted on U.S. soil was sold at auction for over half a million dollars, part of ...
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