Recent News

TSX rises on higher gold prices, helping gold miners keep momentum

April 16, 2021

Canada's main stock index TSX rose on Thursday, driven in part by rising gold prices against lower US Treasury yields and a weaker dollar. One of Canada’s major gold miners Barrick Gold Corp also posted gains on a positive earnings forecast. Canadian gold miner Barrick Gold Corp ABX.TO rose 1.6% as it maintained its full-year outlook. Despite a fall in gold production slipped by 9...Read More

Will Gold-Silver Supply-Side Impact Future Prices

April 08, 2021

Bullion prices have been showing strong recovery from key support levels. One reason for this is the ease in US bond yields and the decline in the US dollar, which boosted buying in the safe-haven asset. Commodity prices remained firm during the previous week and the recovery in bullion prices showed some recovery in Chinese demand for the materials. The dollar index fell below the 93 mark and th...Read More

Gold's Bull Run Projected To Continue Into 2021

April 02, 2021

Despite a dip in its value, there is no slowing gold down as investors’ preferred safe asset. Even with falling numbers of COVID-19 infections, news of adverse reactions to the vaccines of AstraZeneca and Moderna continue to fuel uncertainty. The transition of power in the US has also not gone smoothly and Biden’s administration is struggling with the aftershock of the pandemic. Many...Read More

After historic profits in 2020, will 2021 hold the same for junior gold miners?

March 26, 2021

The gold market is still experiencing a slight pullback since its bullish run in 2010 and at the start of 2021 amid the global covid pandemic. This resulted in several stock indexes posting declines in late-morning trading as the energy and base metal sectors led the way lower. The April gold contract was up US$1.70 at US$1,734.90 an ounce and the May copper contract was down 12 cents at US$...Read More

Analysts are optimistic about Gold Prices in the Second Half of 2021

March 19, 2021

Canada's TSX main stock index fell on Wednesday, driven by a decline in bullion prices and mining stocks offset gains in oil prices amid an economic rebound from vaccination rollouts and a U.S. fiscal package. After hitting an all-time high in August 2020, gold stocks and gold prices are now experiencing a correction as the US, UK and other governments announced massive stimulus packages. The cur...Read More

Is Silver Becoming a Good Long-Term Investment?

March 13, 2021

With gold cooling off after peaking in 2020, investors are turning towards silver and mining stocks of silver miners as a long-term game plan. Silver has been reacting to the raw demand that’s filling its pipeline. For this reason, The Silver Institute forecasts global silver demand to rise by 11% in 2021 to reach an eight-year high. As the industrial demand is nearing a four-year high of 5...Read More

What's Next for the Gold Sector After a Decline in Bullion Prices

March 04, 2021

Canada's TSX main stock index fell on Wednesday, driven by a decline in bullion prices and mining stocks offset gains in oil prices amid an economic rebound from vaccination rollouts and a U.S. fiscal package. After hitting an all-time high in August 2020, gold stocks and gold prices are now experiencing a correction as the US, UK and other governments announced massive stimulus packages. The cur...Read More

Is a Second Gold Rush Around the Corner

February 26, 2021

The bullish run of gold may not quite be over yet. After reaching an all-time high in August 2020 when it nearly doubled its value, followed an expected correction As investors restored some of their confidence in a recovering market and economy amid efforts to contain the global pandemic, their interest in safe havens cooled off for a while. Some analysts estimate a Second Gold Rush just be gett...Read More

Gold Miners Show Signs of COVID Recovery But Stocks Remain Undervalued

February 18, 2021

Spot gold prices have entered into a bearish cycle for the first time in 2021, losing about 6% to fall below $1,800 per ounce. After climbing roughly 22% in 2020, gold prices settled for the first time above $2,000. Since then, containment of COVID-10 cases and gradual economic recovery has cooled off investors’ interest in gold and silver. In the last trading session on Wednesday, Gold (XA...Read More

Can Junior Gold Miners Outperform After the Drop

February 12, 2021

Canada's main stock index registered a gain on Tuesday, as gold miners liquidated their positions in bullion as investors await signs of progress on a new U.S. stimulus bill. While gold appears to be forming a base and analysts expect that it rebounds from here, 2021 is expected to continue to be a strong year for the precious metal. Gold stocks and mining stocks of junior gold miners tend to out...Read More

Price pressure on gold and silver increases

February 12, 2021

Gold and silver prices are trading lower for the fourth consecutive day. A strengthened U.S. Dollar and hopes for an economic recovery are part of the reasons why investors’ interest in the precious metals has cooled down. As gold futures hit a two-week low, the U.S. dollar index hit a two-month high overnight. In addition, the U.S. stock market bulls have made a strong recovery this week w...Read More

Will silver retain upside potential amid major players' monopoly?

February 12, 2021

Silver futures prices and shares of silver miners climbed on Thursday, January 28th trading session after posts in the Reddit’s popular WallStreetBets forum  about a “short squeeze” in the notoriously volatile precious metal. Despite industry analysts suggesting that the price of silver has moved into correction/consolidation mode, silver bulls are not having...Read More

Will Weakening Dollar Fuel Further Rise in Gold Prices This Year

January 29, 2021

The inauguration of President Biden did not put an end to the trend of the U.S. Dollar weakening, as many analysts predicted it would. His proposed billion-dollar stimulus package to combat the effect of the pandemic is expected to plunge the U.S. further into debt. The result would be an even weaker American currency. What does that mean for commodities and world markets? Wall Street analysts a...Read More

Best Gold and Silver Stocks for Resource Investors

January 21, 2021

Gold and silver continue to be in a bullish position as the sell-off in precious metals continues. As such, analysts see gold prices some sort of upturn approaching fast, likely near $2000 an ounce. This comes after lease rates for gold fluctuated between -1% and 2% annualized the last decade, until pandemic shutdowns hit in March. Meanwhile, silver’s rate position is even more bullish. Its...Read More

Silver Miners Gain on Higher Prices and New Mine Projects

January 15, 2021

The recent rally of precious metals that started in 2020 and extends into 2021 has seen silver prices surpass gold’s 24.6% growth in the same period. Silver is valued both as an industrial metal and a precious metal. Many investors use it as a haven in times of economic and stock market uncertainties and as a hedge against inflation. Consequently, silver had a solid run, delivering more than...Read More

Gold Miners 2021 - Predictions, Highlights, Industry Outlook, Breakdowns

January 06, 2021

The gold industry is seeing a strong start of the new year capitalizing on the gold price rally fueled by COVID-19 pandemic induced safe-haven demand since mid 2020. However, progress on rollout of vaccines could rein in gold prices. For the time being, looming prospects of a dwindling supply and higher demand will eventually drive prices north, which bode well for gold-miners. Mining stocks have...Read More

2021 looks promising for Gold Miners after Turbulent 2020

December 31, 2020

Gold prices increased 1% on Monday after news of the singing of the new $ 2.3 Trillion bill that contains $ 900 Billion in pandemic relief aid and $ 1.4 Trillion in government spending to fund federal agencies. Many analysts see this bill as crucial in removing the immediate uncertainty with distribution of checks and loans to individuals and small businesses. Vaccine rollouts also continue on tra...Read More

Are Gold and Silver Headed for a a Multi-Year Rise?

December 25, 2020

Gold futures ended higher Wednesday, with the precious metal halting a three day decline, as the U.S. dollar softened. Bolstered by a weaker dollar, gold prices jumped as much as 1% on Wednesday, as investors kept hopes pinned on a U.S. stimulus package even after President Donald Trump threatened to not sign the relief bill. Bullion, considered a hedge against inflation and currency debasement,...Read More

Intermediate-Term Outlook For Gold Looks Reasonably Bright

December 16, 2020

The materials sector .GSPTTMT, which includes precious and base metals miners, added 1.8% as gold futures GCc1 rose 0.9% to $1,844.9 an ounce on Tuesday. The rise comes after a brief correction on Monday that saw gold prices fall as a rollout of the a COVID-19 vaccine in the U.S. and doubts about another round of relief aid out of Congress prompted the precious metal to mark its lowest settlement...Read More

Gold continues to shine, bringing more light to junior miners

December 16, 2020

Gold continues to be hot this year and junior gold miners are reaping the rewards as analysts bring light to the various investment opportunities that provide access to the companies extracting gold from the earth.  Interest is increasing towards allocating to gold in the current market environment. As such, the capital appreciation and diversification potential of small- and mid-cap gold an...Read More