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.

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Eala’s HK Open final ends in heartbreak, but ranking soars

The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

Fuel prices set for big drop this week 

Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

DNL cautiously optimistic of prospects in 2027

Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.

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