Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
This week, the price for 24-karat (24k) gold could…
It was a tough couple of weekd for UAE as gold prices dropped Dh6.50 per gram in 2 weeks. As of Wednesday morning, 24K was already retailing at Dh156 per gram, down by a whopping Dh6.50 from two weeks ago, when prices soared to Dh162.50 per gram. Today’s buyers will also get to spend less on other jewellery pieces, with the 22K now selling at Dh146.50, 21K at Dh139.75 and 18K at Dh119.75.
This week, the price for 24-karat (24k) gold could decline to Dh153 per gram, according to Devesh Mamtani, head of investments and advisory for financial markets at Century Financial.Over the long term, however, analysts are betting on gold to stage further rallies, wit...
Gold prices are rebounding. CNBC reported, "Gold prices rebounded on Monday from a near four-month trough hit in the previous session as investors resumed trading after the Easter holiday, with the bullion gaining further traction on higher crude rates." The price of gold is often linked to oil prices and the U.S. dollar. Recommended Read […]
Recommended Read Worst quarter in over 4 years: Can gold price turn it around? On top of that, the U.S. dollar remains "the only game in town," Melek said, which is a problem for gold.The U.S. Treasury yields could back off a bit in Q2, noted RJO Futures senior commodities broker Daniel Pavilonis, who is […]
Mexico’s silver output fell 2.8% year-on-year in February to 338,274kg (10.9Moz), while gold production grew 3.2% to 7,150kg, according to statistics agency Inegi.
