The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

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The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

Read More »

Top News

Dubai Precious Metals Conference on April 9-10

Dubai: The conference will have the participation of   miners, investors, engineers, asset managers and professional services representatives from across the precious metals sector. They will discuss the most relevant topics of note to the industry. “Held under the theme of ‘Connecting Markets’, the discussions will focus on the new era of global trade and how shifting geopolitics will impact the

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Rolex Rated as World’s Most Reputable Company

New York: For the second year in a row, Rolex topped an annual ranking of companies with the best reputations in the world. The Global RepTrak 100 ranking, according to the Reputation Institute, which produces the list, is the largest corporate reputation study of its kind, with 170,000 ratings. Rolex was the only jewellery or watch brand listed on the

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All Parcels Sold at Gahcho Kué Tender

Toronto: Mountain Province sold 277,646 carats of rough diamonds at its second tender of production from the Gahcho Kué mine in Canada. The company sold all the parcels of diamonds on offer, including those it had held over from its January sale due to India’s liquidity crisis, Mountain Province said. While that previous sale of 49,420 carats fetched $6.3 million

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Industry Productivity Dropped 30%: Mark Cutifani

Toronto: Productivity remains number one operational challenge for the industry as it has dropped by 30% over the last decade, said Mark Cutifani, CEO of Anglo American, in his speech at the Prospectors and Developers association of Canada convention. Cutifani reported that since 2012 Anglo American has increased its productivity by 41%, delivering 8% more product, from a 1/3 fewer

Read More »

Dubai Precious Metals Conference on April 9-10

Dubai: The conference will have the participation of   miners, investors, engineers, asset managers and professional services representatives from across the precious metals sector. They will discuss the most relevant topics of note to the industry. “Held under the theme of ‘Connecting Markets’, the discussions will focus on the new era of global trade and how shifting geopolitics will impact the

Read More »

Rolex Rated as World’s Most Reputable Company

New York: For the second year in a row, Rolex topped an annual ranking of companies with the best reputations in the world. The Global RepTrak 100 ranking, according to the Reputation Institute, which produces the list, is the largest corporate reputation study of its kind, with 170,000 ratings. Rolex was the only jewellery or watch brand listed on the

Read More »

All Parcels Sold at Gahcho Kué Tender

Toronto: Mountain Province sold 277,646 carats of rough diamonds at its second tender of production from the Gahcho Kué mine in Canada. The company sold all the parcels of diamonds on offer, including those it had held over from its January sale due to India’s liquidity crisis, Mountain Province said. While that previous sale of 49,420 carats fetched $6.3 million

Read More »

Industry Productivity Dropped 30%: Mark Cutifani

Toronto: Productivity remains number one operational challenge for the industry as it has dropped by 30% over the last decade, said Mark Cutifani, CEO of Anglo American, in his speech at the Prospectors and Developers association of Canada convention. Cutifani reported that since 2012 Anglo American has increased its productivity by 41%, delivering 8% more product, from a 1/3 fewer

Read More »

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