NW Business and Finance

We have a daily news feed on business, finance & gold, as well as in-depth articles by businesses based in the North West of the UK, on business & finance topics. We'd love to hear from you if you have a business based in the North-West, so please get in touch and we'll feature you!

Dealing Desk: Investors bullish on gold’s longer term prospects + MORE

| 0 comments

After a strong performance in recent weeks precious metal prices took a breather this week, consolidating by ticking back from the peaks on 15 October of $1190 for gold and $16.30 for silver, to close last night at $1166 and $15.85 respectively.
In early European trade this morning precious metals were firmer, with gold at $1173 and silver $16…

Continue Reading On .goldmoney.com »

A much stronger-than-expected increase in US inventory pressured crude oil prices, sending both benchmark contracts to lowest levels in 3 weeks. Commodity prices were also weighed down by a modestly firmer US dollar, as euro and commodity currencies lost ground after BOC’s meeting statement and as Citigroup now projects the Fed to begin tightening in March 2016…

Continue Reading On oilngold.com »

There are signs that the US dollar, instead of consolidating the sharp rise that peaked last March, might be reversing its previously rising trend.
Certainly, a weakening dollar fits with the Federal Reserve Board deferring attempts to raise interest rates from the zero bound, and reflects the growing chatter that negative rates cannot be ruled out…

Continue Reading On .goldmoney.com »

This week has seen selling across all metals, with platinum being the week’s favourite metal.
Kelly-Ann Kearsey, Dealing Manager at GoldMoney, says that prices remained strong until Wednesday, when the gold price fell as a result of a dollar surge and undecided US interest rates. She notes that expectations of more economic stimulus from China and the Eurozone are keeping investors bullish on gold’s longer term prospects…

Continue Reading On .goldmoney.com »

Vancouver, BC, Canada – October 22, 2015 – Miranda Gold Corp. (‘Miranda’) (TSX-V: MAD) reports that an agreement has been reached for Miranda to purchase from Daniel Renshaw (‘Renshaw’) his 3.3% royalty held on the Willow Creek, Alaska project. Miranda holds the Willow Creek project under lease from Alaska Hardrock, Inc…

Continue Reading On mirandagold.com »

Risk appetite soared as ECB signaled further easing in December. While acknowledging existing asset purchase program is “proceeding smoothly” and would “continue to have a favorable impact”, the central bank indicated that it’s concerned about the growth prospects in emerging markets and persistent decline commodity prices…

Continue Reading On oilngold.com »

Leave a Reply

Required fields are marked *.