The share price of Australian gold mining giant Newcrest Mining Ltd [ASX:NCM] is up 5.35% or $1.52 this morning, thanks to news from its Havieron and Red Chris projects. The price of gold also pushed higher overnight to rally 1.45% to US$1,746 per ounce. NCM is targeting the start of development at its Havieron project […]
Stay Informed About the Latest Developments in the Gold Market
Gold has proven itself time and time again throughout history as an important tool to preserve wealth. It has maintained its purchasing power over time. An ounce of gold has historically always been able to buy you a decent suit.
Our team of experts diligently monitors the Australian gold market, scouring financial news sources to ensure you're always up-to-date with the most recent developments, market trends, and breaking news related to the Gold Price.
Gold Price Steadies, Dollar Weakening Ahead of Fed Meeting
At time of writing, the gold price in AUD terms is holding its ground at $2,460 after pushing beyond support at $2,475. You can see the recent selling is registering in a downtrend for its 20- and 50-day moving averages below: Source: tradingview.com We take a quick look at what’s happening with the US dollar […]
Musgrave Minerals’ Share Price Soars on High-Grade Gold Find
Shares of Western Australian-based gold and silver explorer Musgrave Minerals Ltd [ASX:MGV] are up 36% at time of writing, thanks to some very high-grade gold finds. Today, the explorer announced the latest results from its drilling program at its flagship Cue Gold Project in WA. This morning’s announcement follows strong previous drilling results targeting the […]
More News from Aruma Resources (ASX:AAJ)
It’s been a busy week for Aruma Resources Ltd [ASX:AAJ]. Aruma is a junior, ASX-listed mineral explorer focusing on the exploration and development of three gold projects in Western Australia. These are: Slate Dam, Beowulf, and Clinker Hill, all 100% owned by Aruma. Earlier this week, my colleague Ryan Clarkson-Ledward wrote on how Aruma Resources […]
Why Has High-Grade Gold Seen the Blackham Share Price Retreat?
The recent high price of gold has pushed shares of both gold miners and explorers higher. But, Australia’s largest gold miners took a tumble yesterday as the gold price began to fade on the back of renewed optimism of economies reopening. Gold is still trading at some of the highest levels we’ve seen in a […]
Perseus Mining Snaps Up Exore Resources — Sends Share Price Soaring
It’s a done deal. Perseus Mining Ltd [ASX:PRU] has acquired Exore Resources Ltd [ASX:ERX]. A major agreement that has seen the latter’s share price climb 37.1% higher today. What it means is that Perseus will gain full control and rights to Exore’s key Côte d’Ivoire (Ivory Coast) projects. Promising gold fields that neighbour Perseus’ own […]
