Gold Prices Take Debt Deal in Stride

Source: The Street, Alix Steel (8/1/11)

"Gold prices dropped slightly as a bipartisan deal to raise the debt ceiling heads to Congress."

The Street, Alix Steel

Gold prices were selling off slightly as a bipartisan deal to raise the debt ceiling heads to Congress for a vote later today.

Gold for December delivery was losing $11.40 to $1,619.8 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,623.40 and as low as $1,608.20 while the spot gold price was shedding $10.20.

Silver prices were losing 78 cents to $39.34 an ounce. The U.S. dollar index was flat at $73.72 while the euro was also flat versus the dollar. . .View full article

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Idaho Gold Project Could Produce One-Third of Critical Antimony for US
Source: Streetwise Reports (04/18/2024)

Perpetua Resources Corp.'s Stibnite gold project in Idaho is also expected to provide as much as 35% of the United States annual demand for the critical metal antimony. Find out why analysts are recommending this developer.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.

Field Work Points to Copper Porphyry at Idaho Asset
Source: Streetwise Reports (04/18/2024)

To prove this out, the Canadian company plans additional exploratory work, to commence next month. Read on to learn more about this compelling project.

Gold Co. Sets New Drill Targets for Mexican Project
Source: Streetwise Reports (04/18/2024)

Centenario Gold Corp., fresh off the results of its maiden drilling program at its Eden gold-silver property in Mexico, is outlining new drill targets across the property. At the same time, prices for the precious metal are taking off.