A look at the week’s highlighted news for the junior miners
It was, as expected, a fairly quiet week for news from the mining sector, with few announcements released in the shortened trading week.
FTSE 100 shares end down after a Brexit-linked spat between two blue-chip stocks sends their stock lower on Thursday
Gold nearly fell below the US$1,300 mark before recovering slightly later in the afternoon
Gold fell back towards two-month lows as US employment data suggests the Fed could make a move on interest rates in the not-too-distant future
The US dollar stretched to a three week high as traders renewed expectations of an interest rate rise after some bullish comments from Fed officials at the end of last week
Gold drifted lower again Thursday with reports of a huge futures sell trade overnight
An hour after US trading got underway, spot gold was more than US$12 lower at US$1,325.
Gold was steady in the face of more gains for equities ahead of Friday’s meeting of central bankers at Jackson Hole, Wyoming.
Gold was under pressure ahead of the meeting of the world’s central bankers at Jackson Hole in Wyoming.
The metal has been up-and-down all week as speculation surrounding a rise in interest rates just won’t go away
The minutes from the latest Fed policy meeting weren't as bullish about the US economy and an interest rate rise as some had predicted
The precious metal was treading water on Wednesday ahead of the release of the minutes which could reveal clues about a possible rate hike
A dwindling dollar boosted gold on Tuesday afternoon, after US data flattered to deceive earlier in the day
Global investment demand was 448t in the second quarter of 2016, up 141% from 186t in the same period last year.
Gold was back in favour again as the UK became the latest country to see interest rates go negative.
A couple of hours into US trading spot gold was US$7 higher at US$1,341
oon after US trading got underway spot gold was flat at US$1,335
Gold headed lower as the US non-farm payrolls number for July was much stronger than forecast.
A couple of hours into US trading spot gold was US$6 higher at US$1,363
The World Gold Council sees a “perfect storm” of failing monetary policy and economic uncertainty post-Brexit.
Gold rose on Tuesday as investors decided the prospect of a rate rise may have been put back possibly into 2017.
A poor read for the US economy’s GDP in the second quarter underpinned the metal’s appeal
After the recent wobble gold was back in the sunshine again
Gold surged by US$20 while platinum hit a 14-month high