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Oil futures on Monday gave up early losses to finish higher, with tight supplies returning to the spotlight, providing support for prices. The market is “waking up to realize” that distillate supplies are so tight that there’s little room for any disruptions, ahead of the winter heating season, said Phil Flynn, senior market analyst at […]
Shares of Coeur Mining Inc. CDE, +17.02% shot up 11.6% in afternoon trading Monday, after the gold and silver miner announced a deak to sell its Crown and Sterling holdings for up to $200 million. Under terms of the deal, Coeur Mining will receive closing cash of $150 million and deferred cash of $50 million, […]
Gold futures fell on Monday, giving back most of the climb in prices they saw on Friday, as investors await a Federal Reserve decision this week on interest rates. The central bank is widely expected to announce a rate hike of three-quarters of a point on Wednesday. December gold GCZ22, -0.07% fell $5.30, or 0.3%, […]
Shares of Kinross Gold Corp. KGC, +9.73% shot up 7.9% in heavy volume in afternoon trading Monday, after the gold miner announced a new “enhanced” stock repurchase program, following “constructive discussions” with investor Elliott Investment Management LP. Trading volume ballooned to 29.1 million shares, making the stock the most actively traded on the NYSE. As […]
• USDCAD broke key resistance level 1.3200 • Likely to rise to resistance level 1.3400 USDCAD currency pair under the bullish pressure after the price broke above the key resistance level 1.3200 (which has been reversing the pair from July, as can be seen below). The breakout of the resistance level 1.3200 accelerated the active […]
Daily transactions in the Solana blockchain consistently increased, ending with more than 40 million daily transactions compared to Ethereum’s 1 million daily transactions between April and June. 1264 Total views 24 Total shares Hype does not always equate to greater adoption, as the on-chain data from the second quarter of 2022 shows Solana (SOL) surpassing […]