Swiss yes vote could lift gold price 18%
"If they do launch a buying program, the Swiss central bank would have effectively a constant bid in the market."
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Iron ore price drops to $75
Benchmark 62% iron content ore hits fresh five-and-half-year low, but high-quality lump prices rise again to $89 a tonne.
Molycorp tanks after results
Shares down 19% after hours after production at its Mountain Pass rare earth mine in California slumps 58% and costs more than double.
Top gold-ETF holdings fall back to Lehman levels
Rather than using the drop in the price of gold to stock up on cheap metal, investors continue to slash their exposure to the metal.
Chinese bidders line up for Eldorado Gold mines
Vancouver-based firm's three Chinese mines could fetch up to $1.5 billion ahead of a Hong Kong listing.
Dollar crushes gold price
Gold price drops to lowest since April 2010 and is now set for the first back-to-back annual drop since 1998.
Iron ore price falls to 64-month low
Fresh Chinese weakness pushes iron ore price to lowest since June 2009, but rising premiums for high-quality lump imports offers some hope.
AngloGold up 22% leads gold stocks rally
Despite another drop in the gold price on Monday, battered mining stocks made gains with world number 3 leading the charge after a bullish outlook.
CHART: Silver price weakness won’t last
Silver has underperformed gold and industrial metals to such an extent that risks are now all on the upside.
Hopes for Swiss gold price boost dented
Swiss support for referendum that would force the Swiss National Bank to hold 20% of its reserves in gold falls in latest poll.
GRAPH: Cobalt price plunge and the EV market
Cobalt prices have plummeted to their lowest level since 2016, as a deluge of supply overwhelms stagnating demand from the electric vehicle […]
