Gold price in Ghana crosses $3,200/oz as government centralizes control over exports; new entity, Ghana Gold Board, aims to boost revenues and regulate industry.
In 2024, gold miners dominated mergers and acquisitions in the metals and mining industry, with a 70% transaction value. Australia and Canada were top locations, while copper-focused M&A was subdued. This trend is expected to continue in 2025 due to rising gold prices.
BAR is currently showing an impulsive 3 waves move into new all-time highs which we consider as an incomplete bullish sequence missing 2 more swings before ending the entire cycle.
Goldman Sachs postpones gold price prediction to mid-2026, citing Fed decisions. Gold expected to reach $2,910/oz by end of 2025. Antimony mining project in Idaho could boost US demand and reduce vulnerability to China's market control.
Amid gold's record-breaking 27% surge in 2024, Rolex SA increased prices on select luxury models, with precious metal timepieces rising by up to 8%. The yellow gold GMT-Master II now costs €44,600.
Gold is a popular alternative investment, especially during periods of high inflation. People view it as a store of value. But is gold a good investment?
The yellow metal rose more than 8%, marking the biggest monthly gain since July 2020 and the first monthly gain since March. Investors should tap the rally with the best-performing ETFs over the past month.
If you’ve taken a look at the Dow Jones, Nasdaq or S&P 500 lately, you probably didn’t see a pretty picture. They are all taking a beating and with economists fretting about a potential recession, it’s beginning to look like this bear market will continue for quite some time.
