US markets relatively stable, Dec. 12-16
The U.S. Federal Reserve’s decision to raise its key interest rate 25 basis points to a range of 0.5% to 0.75% — its first rate hike since December 2015 —…
Stock Markets/Investing
TSX moves higher, Dec. 5-9
The Bank of Canada announced that it would keep its interest rate steady, arguing that while economic data “suggests that global economic conditions have strengthened,[uncertainty] — which has been undermining…
TSX Venture steady, Dec. 5-9
The S&P/TSX Venture Composite Index stayed relatively unchanged at 748.8 points. Spot gold prices fell US$17.57 per oz. gold, or 1.5%, before closing at US$1,159.86 per oz. — its lowest…
Wall Street rises, Dec. 5–9
U.S. indexes finished strong, despite lower gold and oil prices. The Dow Jones Industrial Average gained 3% to close at 19,756.85. The S&P 500 Index also rose 3% to 2,259.53…
Outlook 2017: Five companies getting busy in the new year
With some recovery in commodity prices in 2016, more than a few mining companies are stepping up work programs and striving to hit milestones in the coming year. The following…
TSX Venture gains ground, Nov. 28-Dec. 2
The S&P/TSX Venture Composite Index gained 2%, or 14.8 points, en route to a 749.37-point weekly close. Spot gold prices fell US$6.13 per oz. gold, nearing 10-month lows, before closing…
TSX dips, Nov. 28-Dec. 2
The S&P/TSX Composite Index fell 0.2% to 15,052.52, despite a surge in oil prices and a decent jobs report. The S&P/TSX Global Mining Index fell 0.9% to 65.19, while the…
US markets mixed, Nov. 28-Dec. 2
The Dow Jones Industrial Average climbed 0.1% to 19,170.42, the S&P 500 Index fell 0.97% to 2,191.95, and the Nasdaq Composite Index dropped 2.7% to 5,255.65. Spot gold dipped 0.6%…
Base metal and bulk commodity forecasts improve heading into 2017
VANCOUVER — It’s been a tough run the past few years for people involved with base metals and industrial commodities. Recessions among leading global economies combined with oversupply concerns to…
TSX moves higher, Nov. 21-25
Vows of greater spending on infrastructure in both Canada and the U.S. lifted Canada’s S&P/TSX Composite Index 1.4% to 15,075.44, and drove up the S&P/TSX Global Mining Index 4.2% to…
Wall Street rises, Nov. 21–25
U.S. equities ended holiday-shortened trading in positive territory. The S&P 500 Index rose 1.4% to 2,213.35, while the Dow Jones Industrial Average advanced 1.5% to 19,152.14. The Nasdaq Composite Index…
Facts ‘n’ Figures: Silver market to record fourth straight deficit in 2016
The following are highlights from The Silver Institute’s 2016 Interim Silver Market Review. For more information, please visit www.silverinstitute.org. The silver market is expected to be in an annual physical…