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Keywords: Gold


Gold prices drop as US-China trade optimism reduces haven demand

Gold prices fell on Monday as optimism surrounding critical trade negotiations between the United States and China dampened demand for the safe-haven metal. Both nations signaled progress in resolving their prolonged trade conflict, easing market tensions. Spot gold declined by 1.3% to $4,060.80 per......

Gold prices hit record high as investors seek stability amid global uncertainty

Global gold prices have reached an unprecedented peak, surpassing $4,000 per troy ounce for the first time in history. Since the start of 2025, gold has surged nearly 50%, marking its strongest rally since the 1970s as investors search for security in a volatile world economy. Analysts attribute this......

Moroccan jewelers move to formalize gold trade with new import company

Moroccan jewelers are preparing to launch a gold import company under the leadership of the Moroccan Federation of Jewelers. This initiative seeks to combat the dominance of the informal market and establish a more regulated and stable gold industry in Morocco. Tackling informality in the gold sector The......

Aya Gold & Silver unveils promising gold discovery in Morocco

Aya Gold & Silver has announced the discovery of a potential new gold zone in Morocco, further advancing its exploration efforts in the country. The Canadian mining company revealed on Monday that the find was made at the Asirem site, located west of the Boumadine corridor. Aya described the area......

Managem reports stable revenue of 4.42 billion dirhams in first half of 2025

The Moroccan mining group Managem announced that its revenue reached 4.42 billion dirhams (MMDH) in the first half of 2025, showing near stability compared to the same period in 2024. According to its financial communication, the second quarter revenue stood at 2.09 billion dirhams, down from 2.47 billion......

Nasdaq hits record high as gold soars past $3,600 amid rate cut speculation

The Nasdaq Composite reached an all-time high on Monday, while gold prices surged beyond $3,600 per ounce for the first time, as investors bet heavily on Federal Reserve interest rate cuts following disappointing U.S. employment data. The tech-heavy Nasdaq gained 0.45% to close at 21,798.70, surpassing......

Major gold discovery in southern Morocco positions kingdom as emerging global producer

A significant gold deposit has been uncovered near Guelmim in southern Morocco, marking a historic milestone for the country’s mining sector. OLAH Palace Trading, a mining exploration firm, announced highly promising results from recent fieldwork, uncovering an extensive network of 34 hydrothermal......

Gold hits record $3,516 as stocks tumble amid trade fears

The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......

Guelmim gold discovery reshapes Morocco’s mining future

The discovery of high-grade gold veins in Guelmim, southern Morocco, marks a significant milestone in the country’s mining sector. Fieldwork has identified 34 quartz veins with exceptional gold content, positioning Guelmim as a potential hub for one of North Africa’s most promising gold deposits. High-grade......