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From Bold to Boring
After a rollicking spring rally, gold has settled into a trading range that seems typical for a summertime slowdown. One indicator is now pointing toward a big surprise soon, however.
Expectations of interest rate cuts are putting pressure on gold and copper again, waiting for this week's PMI data to provide guidance.
Last week's released overseas macro data remained relatively weak, while Fed officials' statements were relatively hawkish, especially Federal Reserve official Bowman pointed out the possibility of interest rate hikes, which put pressure on the market, causing the US dollar to further strengthen against other currencies. This week, there will be intensive release of Euro-American PMI data, which will be a good guide for the market.
NovaGold Resources Inc. (AMEX:NG) Q2 2024 Earnings Call Transcript
Earnings Call Summary | Novagold Resources(NG.US) Q2 2024 Earnings Conference
The following is a summary of the NovaGold Resources Inc. (NG) Q2 2024 Earnings Call Transcript:Financial Performance:NovaGold Resources Inc. reported a net loss of $13.7 million for Q2 2024, a slight
NovaGold Resources Inc. (NG) Q2 2024 Earnings Call Transcript
NovaGold Resources Inc. (NG) Q2 2024 Earnings Call Transcript
Reported Earlier, Novagold Resources Q2 EPS $(0.04) Misses $(0.02) Estimate, Cash Balance of $113M
Reported Earlier, Novagold Resources Q2 EPS $(0.04) Misses $(0.02) Estimate, Cash Balance of $113M
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Wacho-el-Wero : $Hecla Mining (HL.US)$
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