Tag: Gold
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Gold soars amid uncertainty, rate cut hopes
A fresh bout of uncertainty and mounting anticipation of a Federal Reserve interest rate cut added glitter to gold, pushing it to a record high on Tuesday.
Gold surges amid US economic uncertainty, likely Fed rate cut
US economic uncertainty, stoked by President Donald Trumps tariff push, has bolstered gold prices close to record highs.
Lepanto Mining profit soars on gold rally
Lepanto Consolidated Mining Co. reported a dramatic increase in net income, reaching ₱659 million for the five-month period ending May, a significant leap from just ₱16 million in the same period last year.
Lower gold prices weighs down OceanaGold Philippines 1Q earnings
OceanaGold (Philippines) Inc. reported a sharp drop in earnings during the first quarter, weighed down by lower gold prices.
US markets plunge amid rising China trade tensions
U.S. shares tumbled on Thursday as mounting trade tensions with China overshadowed initial relief from President Donald Trump’s earlier decision to delay higher tariffs on America’s trading partners.
