Harmony Gold Announces Record Dividend as Profits SkyrocketHarmony Gold, South Africa’s largest gold miner by volume, has announced a record interim dividend following a significant increase in both gold production and profits for the six-month period ending in December. The company’s strategic operations, including the enhancement of mine grades and the augmentation of gold output, have culminated in a 35% revenue boost […] READ MORE Core Inflation Meets Expectations, Posing Questions for Fed's Next MoveIn January, inflation rates aligned with expectations, spotlighting the Federal Reserve’s key inflation metric as it contemplates interest rate adjustments. The core personal consumption expenditures (PCE) price index, which excludes volatile food and energy costs, rose by 0.4% for the month and 2.8% from the previous year, matching Dow Jones consensus estimates. This follows a […] READ MORE Gold & Silver Mining Stocks Exposed: Long-Term Reality RevealedJoin Mike Maloney and Alan Hibbard in this insightful discussion on the performance of precious metals versus mining stocks. READ MORE Fed's Michelle Bowman Emphasizes Caution in Monetary Policy to Counter InflationFederal Reserve Governor Michelle Bowman has expressed a stance of caution regarding the adjustment of U.S. interest rates, emphasizing the ongoing risks of inflation that might undermine the progress in stabilizing prices. In her speech prepared for a Florida Bankers Association event in Miami, Bowman highlighted her expectation that inflation would continue to decrease if […] READ MORE U.S. Economic Growth Hits 3.2% in Q4, Marking Six Quarters of Sustained ExpansionIn the last quarter of the year, the U.S. economy expanded at a solid 3.2% annual rate, slightly less than the initial 3.3% growth estimate by the Commerce Department. This growth, spurred by robust consumer spending, marks a deceleration from the 4.9% growth experienced in the third quarter but continues the trend of the U.S. […] READ MORE 3,000-Year-Old Phoenician Gold Artifact Discovered in JerusalemA rare 3,000-year-old gold pendant, believed to be the earliest gold artifact found in Jerusalem, was recently showcased to the public. Unearthed a decade ago during excavations at the Ophel, near Temple Mount, this tiny piece of jewelry from the First Temple period had been largely overlooked until last year. Described by Brent Nagtegaal from […] READ MORE Copper Prices Dip Amidst Dollar Strength and China's Real Estate SlumpCopper prices fell again on Wednesday, influenced by a combination of a strengthening dollar and ongoing challenges within China’s real estate market, which is a significant consumer of industrial metals. The price of three-month copper on the London Metal Exchange decreased by 0.4% to $8,439 per metric ton by mid-morning, reversing a brief recovery from […] READ MORE High Interest Rates Likely Dampened Americans’ Economic Mood: StudyDespite a strong job market and diminishing inflation, American sentiment towards the economy remains deeply pessimistic. Researchers suggest this malaise may be attributed to the recent end of low borrowing costs. This perspective is pivotal as it highlights that the public’s dissatisfaction stems not only from inflation but also from the primary method used to […] READ MORE Oil Prices Waver as U.S. Stockpile Growth Meets OPEC+ Supply Cut SpeculationOil prices traded within a narrow range as the market balanced concerns over rising U.S. crude inventories with the anticipation that OPEC+ might prolong its supply reduction strategy. West Texas Intermediate (WTI) experienced a slight decrease, hovering around $78 per barrel, influenced by a broader risk-averse sentiment among traders. This reaction came after the Energy […] READ MORE « Previous 1 … 30 31 32 33 34 … 66 Next »
