The Daily Chase: Gold keeps powering higher [BNN Bloomberg (Canada)]
Gold.com, Inc. (GOLD)
Last gold.com, inc. earnings: 2/12 07:00 am
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US:NASDAQ Investor Relations:
randgoldresources.com
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Source: BNN Bloomberg
President Donald Trump could fire U.S. Federal Reserve Chair Jerome Powell triggered a flight from U.S. stocks, bonds and the U.S. dollar. Bullion gained as much as 2.2 per cent to briefly touch $3,500, before pulling back. Safe havens such as the yen, the Swiss franc, and gold have rallied in recent sessions following Trump's repeated calls on the Fed to cut interest rates immediately, a move seen as a threat to the central bank's independence. Bullion has surged by a third in 2025, with flows into bullion-backed exchange-traded funds and central-bank buying supporting the upswing, with prices gaining every month this year. Barrick selling Donlin stake: Barrick Gold is selling its 50 per cent interest in the Donlin gold project to affiliates of Paulson Advisers and Novagold Resources for US$1 billion in cash. The mine is located in Alaska and has been the subject of opposition from environmental and Indigenous groups. Barrick says proceeds from the sale will be used to strengthen i
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