Silver prices plunged by a record 30% in a single session after President Trump nominated former Fed Governor Kevin Warsh to lead the central bank, a move seen as tempering expectations for aggressive rate cuts and bolstering the dollar.
A historic rally in gold and silver reversed violently on Friday, with gold futures plummeting over 10% in their sharpest decline since the 1980s and silver recording its largest single-day drop ever, amid a broader market sell-off.
Gold and silver futures plummeted Friday, erasing recent gains in a dramatic reversal. The sharp decline coincided with broader market jitters and followed warnings that the metals' explosive rally had entered unsustainable territory.
A stunning reversal wiped out months of gains for precious metals on Friday, with gold futures tumbling to $4,800 and silver recording a historic single-day drop, sparking fears of a volatile new phase for commodity markets.
In a significant industry pivot, Nasdaq-listed Bit Digital announces plans to completely exit Bitcoin mining, citing capital inefficiency and redirecting focus to Ethereum infrastructure and AI. This move follows a broader trend of crypto firms abandoning mining operations post-halving and amidst the AI boom.
A dramatic rally in gold and silver prices came to an abrupt halt on Friday, with futures tumbling sharply amid a broader market sell-off and warnings of unsustainable volatility.
A blistering rally in gold and silver came to an abrupt halt Friday, with prices tumbling sharply as market volatility surged and analysts warned the historic run may be entering a precarious phase.
Keefe Bruyette significantly raises its price target for Cipher Mining (CIFR), citing the company's strategic expansion into AI and high-performance computing data centers as a key growth driver.
Sumitomo Metal Mining's shares surged nearly 10% to a historic peak following an upgraded resource estimate at its Canadian gold project, capping a stunning 183% annual rally. The dramatic run-up, however, leaves investors grappling with a sky-high valuation that appears disconnected from traditional metrics.
Russia's premier cryptocurrency miner, BitRiver, faces insolvency proceedings as its CEO is placed under house arrest, marking a dramatic fall for a firm already crippled by international sanctions and mounting legal disputes.
Precious metals extended their sharp decline following President Trump's nomination for the next Federal Reserve chair, a move markets interpret as locking in higher interest rates and boosting the U.S. dollar's appeal.
A 24-year-old Goldsboro woman was arrested and charged with impaired driving, reckless endangerment, and child abuse after deputies clocked her vehicle traveling over 100 mph on snow-covered roads with her 1-year-old child not properly secured.
Former President Donald Trump's legal action against JPMorgan Chase over account closures forces investors to weigh political and compliance risks against the banking giant's underlying financial strength.
Barrick Gold (TSX:ABX) has delivered staggering returns of over 150% in five years, leaving investors to question if the rally has run its course. A deep dive into valuation models suggests the stock may still be trading at a significant discount to its intrinsic value.
While Riverview Rubber Estates Berhad's share price has declined 12% over three years, trailing the broader market's 26% gain, its total shareholder return tells a more nuanced story. Including dividends, investors would have seen a modest 1.9% return, highlighting the critical role of income in long-term portfolio performance.
A catastrophic landslide at a major coltan mine in rebel-held eastern Congo has killed hundreds of informal miners, casting a harsh light on the deadly human cost behind the global tech supply chain.
U.S. equity markets slipped Thursday as Treasury yields climbed following President Trump's announcement that he will nominate former Fed Governor Kevin Warsh as the next central bank chair. The move, seen as potentially less dovish, overshadowed positive economic data and corporate earnings.
As copper prices surge over 40% since August, driven by supply constraints and green energy demand, investors are eyeing major producers BHP, Freeport-McMoRan, and Southern Copper, each offering a distinct path to exposure in the red-hot market.
The U.S. Justice Department has begun releasing over three million pages from the Jeffrey Epstein investigation, including photos and videos. The long-awaited document dump intensifies scrutiny on the financier's powerful associates, including former Presidents Trump and Clinton, amid accusations of a high-level cover-up.
Precious metals continue their historic surge, outpacing the S&P 500 for a third consecutive year. We examine the powerful drivers behind the rally, from industrial demand to monetary policy, and explore how investors can gain exposure through ETFs while navigating the risks.
