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Gold Prices Maintain Traction as Economies Begin Recovery


Gold Prices Maintain Traction as Economies Begin Recovery
- FinancialBuzz.com News Commentary
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NEW YORK, May 14, 2021 /PRNewswire/  Gold prices breached the USD 1,800 mark earlier this month, for the first time since February. Despite the recovering economy and lower number of COVID-19 cases in the U.S., the government is still injecting liquidity into the financial system, as fiscal and monetary stimuli are being implemented. These measures, which are meant to help bring the economy back to pre-pandemic highs, have consequences, specifically the devaluation of the dollar and inflation. In a report by Kitco, Gary Wagner, editor of TheGoldForecast.com, explained that he believes that we will see a new all-time record high in gold. I m not optimistic as to believe it will happen, let s say, over the next four months. However, I think it s highly likely, based on certain parameters, that we do test $1,900 once again, and that co ....

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Gold Prices Continue to Trend Higher on Several Factors


Gold Prices Continue to Trend Higher on Several Factors
FinancialBuzz.com News Commentary
NEW YORK, April 16, 2021 /PRNewswire/ Gold prices continued to rise on Thursday, as the June Gold futures had their biggest daily gain since March. Gold prices reacted to the U.S. bond yields pull back and increasing U.S. tensions with China and Russia, which emphasizes the status of the yellow metal as a safe haven asset. According to a report by Kitco, a weaker U.S. dollar index and a rally in crude oil futures this week are also helping to push the gold and silver markets. In addition, even though there is a gradual easing of all the restrictions and businesses are slowly starting to reopen, the actual economic repercussions from the current pandemic and measures taken to combat it are still unclear, and this factor is also taken into consideration for gold value. Exploits Discovery Corp. (CSE: NFLD) (OTC: RNRRF), New Gold Inc. (NYSE: NGD), Agnico Eagle Mines Limited (NYSE: AEM) ....

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Golden Star Resources Files Wassa Gold Mine NI 43-101 Technical Report


TORONTO, March 1, 2021 /PRNewswire/ - 
Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ( Golden Star or the Company ) today filed a National Instrument 43-101 ( NI 43-101 ) technical report ( Technical Report ) which includes a mineral reserve and resource update and a preliminary economic assessment ( PEA ) of the potential expansion of the Southern Extension zone in the Wassa underground gold mine in Ghana ( Wassa Underground ). The Technical Report is available on the Company s website and under the Company s profile on SEDAR at www.sedar.com. All references herein to $ are to United States dollars.
Figure 1: Wassa Mine Longitudinal View showing Mineral Reserve and PEA Area Limits (CNW Group/Golden Star Resources Ltd.) ....

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