Page 19 - Caledonia Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

November was a good month for the price of the precious metal. After all, before that there were seven monthly declines. Also December was so far pleasing for the gold price, the 1,800 U.S. dollar mark per ounce could be cracked. The reduced interest rate hikes by the Fed, which are imminent, have probably made themselves felt. And one hopes for the end of the interest rate increases. Because that would do the gold price again good. Now a weaker U.S. dollar as well as clearly fallen bond yields

When it comes to gold demand in the jewelry sector, there is always a special focus on China, a major consumer. Currently, the National Bureau of Statistics of China has published the jewelry retail sales. First of all, there is an increase of 2.7 percent in October compared to the same month last year. In the first three quarters, a total decrease of 11 percent was recorded. In the third quarter, there was an increase of five percent, which benefited the retail sector. Buyers have increasingly

By Brendah MuchatoPresident Emmerson Mnangagwa yesterday officially commissioned the Blanket Gold ...

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Caledonia Mining operates a 64% interest in a gold mine called Blanket Mine. See why investors should consider reducing their holdings in CMCL stock.