Gold is currently on bearish momentum. At 13:00 EST on Friday, 22 January, Gold is at $1,854.40 and 0.62% down since the last session’s close.
Gold is 0.786% down from its last session low of $1,869.10 and 0.877% down from its last session high of $1,870.80.
Gold is 0.96% down from its last three sessions higher value of $1,872.40 and is 0.83% up from its last three sessions lower value of $1,839.20.
Gold is 0.96% down from its last seven sessions higher value of $1,872.40 and is 2.98% up from its last seven sessions lower value of $1,800.80.
Gold is 5.34% down from its last month’s higher value of $1,959.00 and is 2.98% up from its last month’s lower value of $1,800.80.
Gold’s last day, last week, and last month’s average volatility was 0.19%, 0.33%, and 0.32%, respectively.
Gold’s last day, last week, and last month’s high and low average amplitude percentage was 0.09%, 0.89%, and 0.68%, respectively.
Last news about Gold
Russian gold miner nordgold aims to list in $5 billion London IPO. According to The Wall Street Journal on Wednesday, 20 January, "Russian gold miner Nord Gold UK Societas, or Nordgold, is looking to list in London as early as this summer, capitalizing on the precious metal’s long price run to become the largest mining company to float globally in at least five years, according to people familiar with the matter."
Harte gold announces positive feasibility study results for expansion to 1,200 tpd. According to Business Insider on Wednesday, 20 January, "Harte Gold holds a 100% interest in the Sugar Zone mine located in White River, Canada. ", "The Feasibility Study shows a clear pathway for Harte Gold to significantly increase its gold production, while substantially reducing costs for years to come, all of which is underpinned by a low capital requirement. "
South African stocks set record as CEO news boosts gold fields. According to Bloomberg Quint on Thursday, 21 January, "The nomination of Griffith has happened sooner than we and the market has expected and removes near-term uncertainty stemming from the expected retirement of Holland, who has led Gold Fields since 2008," said Tyler Broda, an analyst at RBC Europe Ltd."
Gold fields hires CEO who May fix troubled giant mine. According to Bloomberg Quint on Thursday, 21 January, "His successful turnaround of Amplats is a good foundation to tackle Gold Fields’ problematic South Deep mine and develop its international portfolio of assets," Sporre said. ", "Like its larger rival AngloGold Ashanti Ltd., Gold Fields has shifted focus to more profitable mines in Africa, Australia and the Americas as the industry in South Africa dwindles amid geological challenges and soaring costs of mining the world’s deepest deposits."
Nemesia sarl aquires shares of lundin gold inc from lorito holdings sarl and zebra holdings and investments sarl. According to Business Insider on Friday, 22 January, "Each of Nemesia, Lorito and Zebra may from time to time make future investment in or dispose of common shares of Lundin Gold depending upon the business and prospects of Lundin Gold and depending upon future market conditions."