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Golden Cross Glitter: Newmont Q1 Earnings Loom As Technicals Shine
Wednesday, April 23, 2025 - 12:08pm | 568Newmont Corp (NYSE:NEM), the world's largest gold miner, is preparing to report its first-quarter earnings amid a technically bullish setup on Thursday. Wall Street expects $0.55 in EPS and $3.3 billion in revenues as the company reports after market hours. The stock is up 39.41% over the past year...
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Barrick's Canadian Exit Opens The Doors For US Redomiciliation
Wednesday, April 23, 2025 - 8:30am | 626Barrick Gold Corp. (NYSE:GOLD), the world's second-largest gold miner, is preparing to exit Canada completely by selling its final domestic asset—the Hemlo gold mine in Ontario. Surging gold prices triggered the company's decision to optimize its portfolio, focusing on higher-margin operations....
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Gold Miners Surge 50% Year To Date As Record Bullion Prices Drive Optimism Ahead Of Earnings
Tuesday, April 22, 2025 - 2:37pm | 640A powerful rally in gold miners is turning heads on Wall Street, with the industry, as broadly tracked by the VanEck Gold Miners ETF (NYSE:GDX), up 50% year-to-date through April 22, outperforming nearly every other asset class around the world. Fueled by gold prices soaring above $3,300 per ounce...
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Billionaire John Paulson Buys $800 Million Stake In Alaskan Gold Mine As Gold Hits Record Highs
Tuesday, April 22, 2025 - 1:46pm | 560Billionaire investor John Paulson and NovaGold Resources, Inc. (AMEX:NG) have agreed to purchase a significant stake in the Donlin Gold project in Alaska. Barrick Gold Corp. (NYSE:GOLD) will sell its entire 50% interest in the project for $1 billion in cash. The Details: Novagold will purchase a 10...
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China's CMOC Group Acquires Lumina Gold For $420 Million
Tuesday, April 22, 2025 - 1:12pm | 551Chinese CMOC Group, the world's largest producer of cobalt, has announced an all-cash acquisition of Canadian development-stage mining company Lumina Gold Corp (OTCQB:LMGDF), valued at C$581 million (around $420 million). Upon acquisition, CMOC will gain control over the Cangarejos gold-copper...
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Wall Street Rebounds Ahead Of Tesla Earnings, Dow Adds 1,000 Points, Bitcoin Hits $91,000: What's Driving Markets Tuesday?
Tuesday, April 22, 2025 - 12:48pm | 1022After Monday’s broad-based sell-off — triggered by renewed pressure from President Donald Trump on Federal Reserve Chairman Jerome Powell, raising concerns over the integrity of central bank independence — Wall Street bounced back with strength on Tuesday, buoyed by upbeat signals from the...
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Gold Is Up 30% Year To Date But 'Could Be Ripe For A Correction': Analyst
Tuesday, April 22, 2025 - 12:31pm | 543Gold has been the crown jewel of 2025 so far, soaring more than 30% year to date and notching a fresh all-time high above $3,500. But while bullion's safe-haven shine has dazzled amid economic and political chaos, one expert warns the rally may be running too hot. "Gold surged to a fresh all-time...
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Gold Tops $3,500 As Investors Flee To Safety: Mohamed El-Erian Warns Of Global System Shift Amid Trump-Powell Tensions
Tuesday, April 22, 2025 - 3:17am | 501Gold prices shattered the $3,500 per ounce mark on Tuesday, reaching a milestone as investors flee to safe-haven assets amid growing economic uncertainty and questions about U.S. monetary policy independence. What Happened: The precious metal has gained more than 30% this year, demonstrating...
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Gold Price Soars To Record Highs, Eyes Best 2-Month Rally Since 2011 On Blockbuster ETF Buying
Monday, April 21, 2025 - 12:27pm | 1455Gold surged to fresh all-time highs on Monday, with bullion jumping 2.5% to $3,410 per ounce by 11:20 a.m. ET, as mounting distrust in U.S. financial assets and inflation fears drive a flight to safety unlike anything seen since the global debt crises of the early 2010s. Since early March, gold...
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China's Central Bank's Gold Stash Spikes To 2,292 Tonnes And Beijing Is Still Buying
Sunday, April 20, 2025 - 11:04pm | 682China’s central bank continued to accumulate gold, adding 5 tonnes to its stash in March, marking its 5th consecutive monthly purchase. What Happened: On Sunday, The Kobeissi Letter, a popular capital markets newsletter posted on X, stating that China’s Central Bank has purchased gold...
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Robert Kiyosaki Says Millions Could Be Out of Work — Here's His Game Plan
Friday, April 18, 2025 - 4:01pm | 479Author Robert Kiyosaki cautioned about the potential for significant job losses in the near future. He urged individuals to pivot towards entrepreneurship and bolster their financial education. What Happened: In a post on X, Kiyosaki voiced his apprehensions about the evolving job market...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, April 18, 2025 - 9:15am | 1665Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...
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Newmont Completes A Year-Long Portfolio Optimization Process
Thursday, April 17, 2025 - 8:29am | 560Newmont Corporation (NYSE:NEM) has officially concluded its portfolio optimization initiative. The year-long process, initiated after the Newcrest merger, ended with the sales of its Akyem mine in Ghana and the Porcupine operation in Canada. "Today, I am pleased to announce the successful...
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Gold Nears $3,400 Mark, Experts Point To Likely 'Correction' Amid Bull Market: 'Rates Will Drop Like Rock'
Thursday, April 17, 2025 - 4:33am | 1429Gold prices have been scaling fresh highs amid the global market uncertainty, however, some experts point out that a severe correction could be looming amid this gold bull run. What Happened: While the Gold Spot U.S. Dollar has scaled a fresh high at $3,357.81 per ounce and trades above the 3,300-...
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Gold Tops $3,300 As Peter Schiff Calls It 'Biggest Financial Story,' Barrick GOLD Flaunts A Golden Cross
Wednesday, April 16, 2025 - 8:37am | 685Gold just pulled off a glitzy flex, smashing through the $3,300 mark and setting a fresh record at $3,313 an ounce — its biggest spotlight moment yet. Silver, not wanting to be left out, also polished up with a 70-cent jump back above $33. Peter Schiff couldn't help but declare it the "biggest...