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Gold futures settle at highest in 2 weeks (MarketWatch)

Gold futures climbed for a second straight session on Tuesday to settle at their highest in two weeks ahead of the Federal Reserve's statement on monetary policy due Wednesday. "The Fed is in focus and may help break the gold price out of this consolidation-phase price range" it's been stuck in for the last several weeks, Peter Spina, president and chief executive officer at, told MarketWatch. December gold GCZ20, -0.04% edged up by $2.50, or 0.1%, to…

Slowing investor demand looms over gold prices (Reuters)

European funds registered net outflows of about 11 tonnes in August -- their first since November last year, mostly from German funds. Gold consumption in Asia, where jewellery, bar and coin buyers account for more than half of global demand, has plunged since the coronavirus struck. “This is creating an awful lot of gold that has to be absorbed,” said HSBC analyst Jim Steel, predicting prices could move lower in the short term.

Calibre Provides Drilling Update, Including Highest Grade Intercept To Date of 149.4 g/t Gold over 4.8 metres at Panteon

Drilling resumed early in the third quarter focused initially on resource infill and expansion drilling, to be followed by first-pass drill testing of prospects.  The Company currently has 14 diamond rigs drilling and the results discussed below represent the initial results...

Why gold is still a safe haven in times of crisis

But many factors influencing gold’s price are less tangible, such as changing perceptions, preferences and market sentiment. As then US Federal Reserve chairman Ben Bernanke said in 2013: "Nobody understands gold prices, and I do not pretend to understand it either.”

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