News

The upcoming U.S. elections in 2024 may significantly influence the precious metals market, as historical trends suggest distinct impacts on gold prices following Democratic and Republican victories. Short Summary: Gold prices historically respond favorably to Democratic election victories. Investor sentiment and fiscal policies linked to elections can shape gold demand. The outcome of the elections […]

Wheaton Precious Metals aptly reflects its market position as shares surge to a new high of $60.31, showcasing an impressive performance resonating with both investors and analysts alike. Short Summary: Shares peak at $60.31, showing strong investor confidence. Brokerage firms are bullish with upgraded price targets. Company’s robust portfolio and operating performance continue to impress.

Gold prices are nearing record highs as investor optimism around potential U.S. interest rate cuts grows stronger. Short Summary: Gold is approaching all-time highs, driven by U.S. rate cut optimism. Federal Reserve Chair Jerome Powell’s comments support the potential rate cut. Gold ETFs see significant inflows amid growing investor interest. Rising Gold Prices: Driven by

Despite the surging prices of precious metals, First Majestic Silver (NYSE:AG) has struggled to impress investors, with challenges continuing to plague the company’s performance even as it looks toward a brighter Q2 2024. Short Summary: First Majestic Silver Corp. continues to face financial and operational struggles in Q1 2024 despite higher metal prices. Production declines

The gold market has seen a notable uptick following the release of softer US Consumer Price Index (CPI) data, driving expectations for impending Federal Reserve interest rate cuts and reinforcing the precious metal as a bullish safe-haven investment. Short Summary: Gold prices surged past $2,400 following lower-than-expected US CPI figures. Increased expectations for a Federal

June brought significant developments to the precious metals royalty and streaming sectors, marked by intriguing mergers, noteworthy financial reports, and performance dips aligned with weaker metals prices. Short Summary: Deterra acquires Trident Royalties amid declining precious metals prices. Weaker news flow impacts share performances of key companies. Mixed performance in June sets the tone for

Wheaton Precious Metals Corp sees notable activity in its stock as Allspring Global Investments Holdings LLC maintains holdings valued at $16.54 million, reflecting ongoing interest in the precious metals sector for retirement portfolios. Short Summary: Allspring Global Investments Holdings LLC holds $16.54 million in Wheaton Precious Metals stock. Institutional investors demonstrate significant buying and selling

Capital Investment Advisors LLC has made a significant move by purchasing $20 million worth of shares in Wheaton Precious Metals Corp. (NYSE:WPM), marking a major investment in the precious metals sector and indicating a robust belief in the company’s future prospects. Short Summary: Capital Investment Advisors LLC purchases $20 million in Wheaton Precious Metals shares.