Tag: Gold
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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.
Trump signs aggressive tariff policy, escalates trade war
US President Donald Trump signed an aggressive "Reciprocal Tariff" policy on Wednesday, escalating tensions and increasing the likelihood of a trade war that could slow global economic growth.
