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Gold breaks key Fibonacci support as Iran rejection fuels rate hike bets
Gold and silver both fell hard today, breaking through the 61.8% and 50% Fibonacci retracement levels, respectively. For gold futures the chart damage was severe, as price sliced through both the 61.8% and 78.6% retracement levels of the August rally. In fact, gold suffered its largest single-day decline since June 9th, closing $172 below Friday’s close for a loss of 3.98%. Even more alarming was that gold closed only a few dollars off the low at $4,148, but the real picture of today’s drop is much clearer on an hourly candlestick chart.
Read Full Story about Gold breaks key Fibonacci support as Iran rejection fuels rate hike betsAnnouncement
Artemis announces takeover of Vista in share exchange deal valued at $427m
TSX-V-listed Artemis Gold has entered into an agreement to acquire all of the issued and outstanding shares of TSX- and NYSE-listed Vista Gold in a deal valued at $427-million through the exchange of shares.
Total Metals Appoints Veteran Mining Executive Dr. Andrew J. Ramcharan (PhD, P.Eng) as President & Chief Executive Officer and Board Director
Standard Uranium Announces Extension to Closing Date of Private Placement
Power Metallic Shareholder Message
Copper News
Workers at Antofagasta's Centinela mine reject offer, pave way for strike
SANTIAGO - Workers from two unions at Antofagasta Minerals' Centinela copper mine in northern Chile rejected on Monday the company's collective contract offer, paving the way for a strike.
Eldorado confirms Skouries mine connection to national grid amid ramp-up
Canadian miner Troilus secures bulk of debt funding required for Québec mine build
Chile's Escondida mine gradually resumes operations after fatal accident
Corporate News
Sirios Completes Phase 1 of Expansion Drilling at Cheechoo and Intersects 39.94 gt Gold over 6.5 m and 9.07 gt Au over 12.5 m
Montreal, Quebec--(Newsfile Corp. - September 29, 2026) - Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) (FSE: 377A) ("Sirios" or the "Company") announces assay results from 15 holes totalling 6,850 m from Phase 1 drilling at its Cheechoo gold project, located in the Eeyou Istchee James Bay region of Quebec.
Gold Hunter Concludes 2026 Drill Program at the Great Northern Project
Sirios Resources Announces Share Consolidation and Name Change
Sirios begins drilling at the Aquilon gold project in Eeyou Istchee James Bay, Quebec
Editor's Picks

Gold and silver prices are struggling now, but a much higher long-term base is building - BMO Capital Markets
The gold market continues to struggle as rising tensions in the Middle East push oil prices higher, stoking new inflation fears and driving aggressive interest rate expectations.

St Barbara finds better economics, higher output at same capital cost for 15-Mile
ASX-listed gold producer St Barbara has released an updated prefeasibility study (PFS) on its 15-Mile Processing Hub project, in Nova Scotia, which will combine three historical gold mines into a single integrated operation.

Greenland Mines announces secondary listing of shares in Europe
Nasdaq-listed Greenland Mines has announced a secondary listing on the Frankfurt Stock Exchange, with trading of its common shares having started on September 25.

Brightstar grows Sandstone mineral resource to 3.6-million ounces
ASX-listed Brightstar Resources has doubled its Two Mile Hill-Shillington mineral resource estimate (MRE) to 1.45-million ounces, with indicated resources having increased in particular by 177% to 526000 oz.
Daily Newsletter

Daily Newsletter
PRE-OPEN Canadian futures are ticking higher as investors remained cautious ahead of domestic GDP data, while the energy sector remains in focus on the back of strength in crude prices. Wall Street futures were flat, though tech and AI-linked stocks ticked higher.
Read More about Daily NewsletterGold News

Gold breaks key Fibonacci support as Iran rejection fuels rate hike bets
Gold and silver both fell hard today, breaking through the 61.8% and 50% Fibonacci retracement levels, respectively. For gold futures the chart damage was severe, as price sliced through both the 61.8% and 78.6% retracement levels of the August rally. In fact, gold suffered its largest single-day decline since June 9th, closing $172 below Friday’s close for a loss of 3.98%. Even more alarming was that gold closed only a few dollars off the low at $4,148, but the real picture of today’s drop is much clearer on an hourly candlestick chart.
Read More about Gold breaks key Fibonacci support as Iran rejection fuels rate hike betsRising bond yields could push gold price to $4,000, but State Street’s Doshi still sees $5,000 by Q2 2027

Gold price slide below 200-DMA brings critical support level into focus – SocGen

Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage

Latest News

Gold breaks key Fibonacci support as Iran rejection fuels rate hike bets
Gold and silver both fell hard today, breaking through the 61.8% and 50% Fibonacci retracement levels, respectively. For gold futures the chart damage was severe, as price sliced through both the 61.8% and 78.6% retracement levels of the August rally. In fact, gold suffered its largest single-day decline since June 9th, closing $172 below Friday’s close for a loss of 3.98%. Even more alarming was that gold closed only a few dollars off the low at $4,148, but the real picture of today’s drop is much clearer on an hourly candlestick chart.
Read More about Gold breaks key Fibonacci support as Iran rejection fuels rate hike betsRising bond yields could push gold price to $4,000, but State Street’s Doshi still sees $5,000 by Q2 2027

Gold price slide below 200-DMA brings critical support level into focus – SocGen

Workers at Antofagasta's Centinela mine reject offer, pave way for strike

Leadership Thoughts

B2Gold CEO to retire, CFO named successor
Vancouver-headquartered B2Gold has announced a leadership transition that will see long-serving president and CEO Clive Johnson retire at the company’s annual general meeting on June 4.
Read More about B2Gold CEO to retire, CFO named successorProspector Podcast – Mike McGlone Silver Rally to Crash Copper & Bitcoin Shorts Ahead 2026 Bear Market Warning

Prospector Podcast – Mike Stark, Arizona Gold CEO 1.5km High-Grade Vein Discovery at Philadelphia!
Woodside Energy CEO Meg O'Neill exits to lead BP

Popular This Week

Scottie Resources Announces Brokered Private Placement for Up to $10 Million and Provides Update on Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2026) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to announce that it has entered into an agreement with Velocity Trade Capital Ltd., as sole bookrunner, and Agentis Capital Markets (AFN Limited Partnership), as co-lead agent, on behalf of a syndicate of agents (collectively, the "Agents"), in connection with a "commercially reasonable efforts" private placement (the "Offering") of up to 3,448,275 common shares of the Company (the "Offered Shares") at a price of C$2.90 per Offered Share (the "Offering Price") for aggregate gross proceeds to the Company of up to approximately C$10 million.
Read More about Scottie Resources Announces Brokered Private Placement for Up to $10 Million and Provides Update on Non-Brokered Private PlacementTalisker Begins Trading on the OTCQX Best Market

Power Metallic Extends Lion 25% Deeper as Power Metallic Intercepts 5.70 Meters of 14.00% CuEqRec¹ in Hole 26-125

ARRAS MINERALS FURTHER DEFINES 2.5 KM AND 3.5 KM COPPER-GOLD TARGETS ALONG BEREZSKI PORPHYRY TREND & APPOINTS DR. FARHAD BOUZARI AS PRINCIPAL GEOSCIENTIST

Precious Metals

Glencore selected as cornerstone partner in new US-backed strategic mineral reserve fund
London-listed miner Glencore has been selected by the US government to be a founding partner in the launch of VaultCo – a strategic critical minerals reserve designed to strengthen US critical mineral supply chains.
Read More about Glencore selected as cornerstone partner in new US-backed strategic mineral reserve fundUS to fund $7bn of Argentina mineral, energy projects, document shows

US to fund $7bn of Argentina mineral, energy projects, document shows

Elemental adds two top-ten royalty assets to portfolio, transfers early-stage projects to Carlin East

Projects

Challis Gold Project
Idaho is a Mining State
Read More about Challis Gold ProjectResearch Reports

Golkor Research Report 29 April 2026
Independent valuation opinion with listed comparables, precedent transactions and sum-of-the-parts analysis
Read More about Golkor Research Report 29 April 2026Silver News

Gold and silver prices are struggling now, but a much higher long-term base is building - BMO Capital Markets
The gold market continues to struggle as rising tensions in the Middle East push oil prices higher, stoking new inflation fears and driving aggressive interest rate expectations.
Read More about Gold and silver prices are struggling now, but a much higher long-term base is building - BMO Capital MarketsSilver’s tight supply creates yield opportunity as Theo launches new tokenized product

Luca buys Capstone's Cozamin copper mine in Mexico for $385m

Minrex discovers unexpected high-grade gold from Tlamino project's Barje deposit

Sponsored Post

Sirios Completes Phase 1 of Expansion Drilling at Cheechoo and Intersects 39.94 gt Gold over 6.5 m and 9.07 gt Au over 12.5 m

Gold Hunter Concludes 2026 Drill Program at the Great Northern Project

Sirios Resources Announces Share Consolidation and Name Change

Sirios begins drilling at the Aquilon gold project in Eeyou Istchee James Bay, Quebec

Scottie Resources Announces Brokered Private Placement for Up to $10 Million and Provides Update on Non-Brokered Private Placement
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Projects

Noble Plains Uranium Expands Shirley East Project in Wyoming
July 23, 2025 – Vancouver, British Columbia – Noble Plains Uranium Corp. (TSX-V: NOBL, OTCQB: NBLXF, FSE: INE0) (“Noble Plains” or the “Company”) is pleased to announce that it has staked an additional 16 mineral claims covering approximately 320 acres on the eastern side of its existing Shirley East Project in Wyoming’s Shirley Basin.

South Africa to Launch $500m Credit Guarantee Vehicle to Back Private Grid Projects
31 July 2025: South Africa will establish a $500-million Credit Guarantee Vehicle by July 2026 to support privately built public infrastructure, starting with transmission grid projects. The National Treasury will contribute 20% of the initial capital, backed by World Bank funding.

Astra Completes Preparation for March Drill Program at the La Manchuria Project, Argentina
Vancouver, British Columbia – February 19, 2025 – Astra Exploration Inc. (TSX-V: ASTR, OTCQB: ATEPF, FSE: S3I) (“Astra” or the “Company”) is pleased to provide an update on exploration activities at the La Manchuria Gold and Silver Project in Santa Cruz, Argentina.

Phenom Commences Drilling on Crescent Valley Gold Project, Nevada
May 15, 2025 – Vancouver, British Columbia – Phenom Resources Corp. (TSX-V: PHNM) (OTCQX®: PHNMF) (FSE: 1PY0) (“Phenom” or the “Company”) is pleased to announce that drilling has commenced on the Company’s Crescent Valley Gold Project, 22 km (13 miles) southwest of Carlin, Nevada. The Crescent Valley Gold Project represents a high-grade, bonanza-vein gold prospect strategically located within the Northern Nevada Rift flanking the southwest fringe of the Carlin Gold Trend in Northern Nevada.
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Phenom Reports Project and Corporate Progress
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