Gold prices fell modestly to around $4,017 per ounce ahead of the Federal Reserve's rate announcement, with traders cautious amid expectations that rates will remain unchanged but with some chance of a hike. Silver prices rose slightly to about $57.08 an ounce. Geopolitical tensions in the Strait of Hormuz and rising oil prices are influencing market dynamics, supporting gold's defensive demand but limiting gains due to higher yields and a strong dollar. Market focus remains on the Fed's statement, upcoming economic data, and any further disruptions in key shipping lanes. Technically, gold faces resistance near $4,066 and support around $4,011, while silver is pressured below key moving averages but holds trendline support near $56.88.
Guangzhou's Nansha District is rapidly advancing as a global cross-border trade hub with its state-of-the-art automated container terminal and integrated multimodal transport system. In 2025, Nansha Port handled over 22.6 million TEUs and operates 18...
Nord Precious Metals Mining Inc., focused on high-grade silver mining in Northern Ontario, announced that CEO Frank J. Basa will present live at the OTCQB Virtual Investor Conference on August 5, 2026. The event allows investors to engage directly wi...
YieldMax ETFs declared weekly distributions for their Group 1 ETFs, effective August 6, 2026. Distribution rates vary widely across ETFs, reflecting different investment strategies and associated risks, including semiconductor, AI, crypto, metals, an...
The global military drone market is expected to grow from $16.5 billion in 2025 to $42.8 billion by 2035, at a CAGR of 10%. Growth is fueled by AI-powered autonomous systems, defense modernization, and rising demand for surveillance, electronic warfa...
Man Group PLC has disclosed a 1.66% interest in Senior Plc's ordinary shares, totaling 6,962,764 shares, held through cash-settled derivatives as of August 3, 2026. The stake was increased by 104,804 shares via an equity swap transaction priced at ap...
