Gold futures opened Monday's session right where Friday's selloff left them and went largely nowhere, closing essentially unchanged as traders paused to digest last week's blowout jobs report and weighed what comes next in a calendar filled with market-moving events.
Spot gold prices were near steady and spot silver prices were firmer in late-afternoon U.S. trading Monday, as perceived safe-haven demand tied to renewed Middle East tensions was offset by firmer rate expectations after Friday’s U.S. jobs report. At the time of writing, spot gold was trading near $4,327.50 an ounce, down 0.01%, while spot silver was trading at $68.020, up 0.45% on the session.
ASX-listed Larvotto Resources has announced the execution of a binding offtake agreement for the sale of gold concentrate produced during the first seven years of mining at the Hillgrove project, in New South Wales, Australia, to diversified miner Glencore.
TSX- and NYSE-listed Eldorado Gold Corporation has produced the first copper concentrate at its 100%-owned McIlvenna Bay project in east-central Saskatchewan, Canada.
TSX- and NYSE-listed precious metals and copper developer McEwen has confirmed in a prefeasibility study (PFS) on the Grey Fox project its viability to become a major source of ore for the Fox Complex and play a key role in increasing the group's production near Timmins, in Ontario.
Australia’s gold output reduced to 75 t in the quarter ended March 31, owing to rain and bushfires in Western Australia. This compares to gold mine production of 73 t in the same quarter last year.
A clear example of why mining project valuation should be dynamic is the Cerro Caliche project, in Mexico, which can have its net present value (NPV) valuation increase by $253-million using updated commodity prices, says analytics platform Stormlands Mining.
The People’s Bank of China (PBoC) increased its gold reserves by nearly 10 tonnes last month, its 19th consecutive month of bullion purchases, according to the latest government data.
Coinbase, the second-largest cryptocurrency exchange by daily trading volumes and the largest in the United States, has launched gold and silver perpetual futures for eligible non‑U.S. traders, bringing two of the world’s most established store‑of‑value assets into the crypto derivatives ecosystem.
Vancouver, British Columbia, May 6, 2026 – Arizona Gold & Silver Inc. (“Arizona” or the “Company”) (TSXV: AZS) (OTCQB: AZASF) announces assay results from four diamond drill holes completed as part of its ongoing drill program at the Philadelphia Project in Arizona.
