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Gold and silver prices held firm against a falling US Dollar on Tuesday but fell towards new multi-month lows for Euro and UK investors after precious-metal ETFs shrank
Gold prices weakened in Tuesday trade to its lowest level in nine months, while the dollar strengthened ahead of the crucial U.S. inflation data release.
Hecla Mining will buy all shares of Canadian Alexco Resource it doesn't already own, at 47 cents each share.
Gold prices held flat in US Dollars but dipped near 10-week lows in Euros on Thursday after the ECB confirmed plans to raise Eurozone interest rates from below zero and end QE
Rising inflation is certainly producing a strong year for gold, translating in what could potentially be record-breaking average prices in 2022 for the precious metal.