Gold Price

Full Steam Ahead: Sub-$10M Capped ASX Gold Explorer Now Drilling Tier 1 Targets

Next Investors Archived Jul 31, 2020

Superior Resources (ASX: SPQ) flagship asset is the Greenvale Project, which contains low CAPEX, potentially high return gold and copper resources in trucking distance to several potential toll treatment facilities.

Depressed consumer confidence evident in US, ASX futures trending lower

Finfeed Archived Jul 29, 2020

It was mining stocks, in particular those exposed to gold, that did the heavy lifting on Tuesday to push the S&P/ASX 200 index (XJO) above 6100 points, but it was all downhill in the afternoon with the index closing at its low for the day of 6021 points.

AUD hits 15 month high, ASX Futures up as gold makes new all-time high

Finfeed Archived Jul 28, 2020

The S&P/ASX 200 index (XJO) defied Friday’s negative leads from overseas to post a gain of 20 points on Monday. Australian producers are benefiting from favourable foreign exchange rates, and this support is likely to continue on Tuesday as the gold price soars.

US stocks higher as gold and silver prices rise

Finfeed Archived Jul 23, 2020

US stocks traded in the black overnight after a somewhat choppy session despite over 1,000 COVID-19 deaths per day and mixed earnings results. Gold prices staged another rally overnight adding about 1.4% to close at U$1,869.3 per ounce.

Futures down, gold closes in on all-time high, oil up more than 2%

Finfeed Archived Jul 22, 2020

The S&P/ASX 200 surged 2.6% on Tuesday as the market responded positively to the government’s decision to extend support payments through to March 2021.

KSN commences RC drilling at Livingstone Gold Project

Finfeed Archived Jul 15, 2020

Kingston Resources Limited (ASX:KSN) has started a 5000 metre RC drilling program at its 75%-owned Livingstone Gold Project

Futures up 50 points as gold price soars and NASDAQ makes another new high

Finfeed Archived Jul 09, 2020

The gold sector was one of the few shining lights, and with the precious metal spiking last night to a high of nearly US$1830 per ounce, it could be more of the same today.

Navarre delivering strong, consistent grades of gold mineralisation

Finfeed Archived Jul 08, 2020

Navarre Minerals (ASX:NML) has released further significant gold assay results from an ongoing 9000m diamond drilling program at its Resolution Lode prospect, 20km south of Stawell’s 4Moz Magdala Gold Mine.

Global markets surge, gold price nears US$1800 per ounce

Finfeed Archived Jul 07, 2020

After spending the best part of Monday in positive territory, the S&P/ASX 200 index (XJO) plunged 60 points in the last two hours of trading to close at 6015 points. Gold came within a whisker of broaching the US$1800 per ounce mark before closing at US$1794 per ounce.

Cashed up Titan set to drill its Dynasty Gold project

Finfeed Archived Jul 03, 2020

Titan Minerals Limited (ASX: TTM) has a $14.5 million war chest to be applied to progressing Titan’s Ecuadorian gold projects, as well as working capital.

Cashed up Kingston Ready to Drill WA Gold Project

Next Investors Archived Jul 01, 2020

Kingston Resources Limited (ASX: KSN) is set to start a ~5,000m resource definition Reverse Circulation drilling program at its 75%-owned Livingstone Gold Project.

Gold price eclipses US$1800 and copper rockets

Finfeed Archived Jul 01, 2020

The S&P/ASX 200 index (XJO) gained 83 points or 1.4% on Tuesday, but the main focus was on the index’s year-on-year performance for fiscal 2020 which was down nearly 11%, not good news for investors locked into index hugging superannuation funds. On the commodities front, it was a big night for gold as it broke through the US$1800 per ounce mark before closing at US$1798 per ounce, up 1% on the previous day.