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New highs – but what is driving the price of gold?

  Gold has continued its recent bull-run and the price has topped $1,619 per ounce for the first time since 2013. Up 3.6% at the end of last the week, the metal looks likely to post its best weekly return since August. T

justin freeman
Justin Freeman
Follow the money — trigger points in the DXY and EUR/USD

  Currency markets are seeing significant flows of capital into safe havens. The retreat from Asian markets follows continuing uncertainty over the coronavirus, Covid-19 outbreak. Even short-term ‘panic’ meas

justin freeman
Justin Freeman
Europa Oil & Gas (EOG) Shares Rise On Launch of Farmout Initiative

Europa Oil & Gas shares are rising on Tuesday after the company launched the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore of Morocco in the Agadir Basin. The Inezgane farmout campaign ha

Sam Boughedda
NIO Deliveries Fall Below Rival XPeng Despite YoY Rise

NIO (NYSE: NIO) reported its July 2021 delivery results this morning, and despite a solid year-over-year gain, deliveries declined month on month, falling behind rival XPeng (NYSE: XPEV). 

Sam Boughedda
Oriole Resources (ORR) Shares Rise As Stream Sediment Sampling in Cameroon Continues

Shares of Oriole Resources (LON: ORR) are gaining on Monday after the company provided an exploration update on the 3,592 square kilometre district-scale licence package in Central Cameroon. The exploration firm said regional-scale mapping and str

Sam Boughedda
Amazon (AMZN) Price Targets Lowered Across The Board Following Revenue Miss

Analysts across the board have lowered their price targets for Amazon in the wake of their lower-than-expected revenue. Despite reporting a $15.12 earnings per share, abo

Sam Boughedda
Oriole Resources (ORR) Shares Down Following Senala JV Update

Oriole Resources said on Thursday that IAMGOLD has completed its Phase 1 drilling programme at the Faré prospect. The drilling programme was for 689.50m diamond drilling and 4,854m reverse circulation (RC) drilling. The Phase 2 programme has also

Sam Boughedda
SolGold Shares Fell 3.78% Despite Progress in Ecuador Exploration Program

Shares of SolGold plc (LON: SOLG) fell 3.78% despite making progress in its Ecuador exploration program, which capitalises on the country’s vision of significantly expanding its mining exports. Ecuador is seeking to increase its gold mining revenu

Simon Mugo
ERYTECH Pharma (ERYP) Stock Rallies On Fast Track Designation

Shares of ERYTECH Pharma (NASDAQ: ERYP) have surged premarket on news that the US Food and Drug Administration (FDA) has granted eryaspase Fast Track designation. The designation is to treat acute lymphocytic leukemia (ALL) patients who have devel

Sam Boughedda
Alien Metals (UFO) Shares Gain After It Ends Exclusivity Agreement

Alien Metals (LON: UFO) shares are climbing on Friday after it announced it has ended the exclusivity agreement with the owner of the Elizabeth Hill silver tailings project located on the Elizabeth Hill Silver Project site in Western Australia. UF

Sam Boughedda
AIQ Shares Plunge After Business Warning and Pre-tax Loss

AIQ Limited's (LON: AIQ) share price has plunged on Friday after it issued a warning about its future prospects and reported a loss for the first half of fiscal 2021. The company reported revenue for the period of £12,079 compared to £25,409 the p

Sam Boughedda
Vela Technologies Shares Are Down 6.8% in 2021 Despite Positive Milestones

Shares of Vela Technologies PLC (LON: VELA) have fallen 6.84% this year despite making multiple positive announcements that could have boosted its share price. Vela recently made a $1 million (£750,000) investment in Northcoders (CODE) listed on t

Simon Mugo
Hornby (HRN) Acquires Remaining Share Of LCD Enterprises – Shares Fall

Shares of Hornby PLC (LON: HRN) are down on Friday after the company reported it has acquired the remaining 51% of LCD Enterprises Limited. The company purchased the remaining percentage from Lyndon Davies, CEO of the LCD, and his wife Catherine D

Sam Boughedda
Conroy Gold (CGNR) Discovers New Gold Target – Shares Gain

Shares of Conroy Gold and Natural Resources have climbed on Thursday after the company said it has discovered a new extensive gold-in-soil anomaly on its licence area in the Longford-Down Massif in Ireland, where it has found a district-scale gold tr

Sam Boughedda
Anglesey Mining (AYM) Shares Soared 37.7% After Appointing a New CEO, Postponing Results

Shares of Anglesey Mining Plc (LON: AYM) soared 37.7% after announcing Jonathan (Jo) Battershill as its new CEO starting August 1, 2021. Investors cheered the movies, evidenced by the rally in its share price. Anglesey also announced the postponem

Simon Mugo
Cineworld Shares Are Trading at Crucial Resistance. Can They Break Out Higher?

Shares of Cineworld Group plc (LON: CINE) are trading at a crucial resistance level, having recovered over the past few days following the July 19 drop triggered by easing all lockdown restrictions in the UK. The cinema chain has been battling ren

Simon Mugo
Didi Global Stock Rallies – Denies Reports it Plans to go Private

Chinese ride-hailing company Didi Global's (NYSE: DIDI) share price is rallying premarket after denying reports that it was considering going private. A Wall Street Journal report said the company was looking at delisting to appease Chinese author

Sam Boughedda
After Tesla Reported a Quarterly Profit, Here’s What Analysts Have Had to Say…

Tesla reported its second-quarter earnings on Monday, beating analyst expectations... The electric vehicle firm reported earnings per share of $1.45 compared to an expected $0.98 and revenue of $11.96 billion, well above the expected $11.3 billion

Sam Boughedda
Zephyr Energy Shares Rallied 6.26% Higher as Williston Basin Wells Start Production

Shares of Zephyr Energy PLC (LON: ZPHR) rallied 6.26% higher after releasing an update about its Williston Basin operations following the acquisition of two operated well operations. The company noted that it had received its monthly share of reve

Simon Mugo
Kodal Minerals (KOD) Shares Rally After Encouraging Drill Results

Kodal Minerals (LON: KOD) shares are climbing after the company reported assay results for the recently completed reverse circulation (RC) drilling at the Nielle Concession in the northern Ivory Coast. RC drilling returned wide intersections of go

Sam Boughedda