Although gold and silver are stuck in neutral as rising inflation fears cool investor interest, the current price action doesn’t take away from the unprecedented demand for bullion, as the British Royal Mint reported record demand early in the year.
London-, Toronto- and Frankfurt-listed Meridian Mining has applied for an installation licence on the Cabaçal copper/gold/silver project in Brazil, which marks the next step in returning the historical mine to production.
After India’s recent hike of import duties on precious metals, another large Asian market has followed suit: Malaysia’s customs department has announced that they will now target gold bars with a new tax, marking the country's first-ever import duty on bullion.
West Africa-focused Cora Gold reports that its flagship Sanankoro project, in Mali, is progressing towards construction readiness. This includes the start of the front end engineering design (FEED) process, which is a key element in readying Sanankoro for full construction, forms part of the capital cost and is an important milestone in the delivery timeline to the first gold pour.
Spot gold prices are near steady and spot silver prices are higher after the close Thursday, as lower crude oil prices and easing Treasury yields offset a firmer U.S. dollar. At the time of writing, spot gold was trading near $4,542.40 an ounce, down 0.04%, while spot silver was trading near $76.655, up 1.03% on the session.
Through its unprecedented rally at the start of the year, followed by extreme volatility and now its current consolidation period, gold is doing exactly what it’s supposed to do as the precious metal continues to assert its role as a key monetary asset within the global economy, according to Incrementum AG’s annual In Gold We Trust report.
Nasdaq-listed Perpetua Resources Corporation has secured a $2.9-billion senior secured long-term loan with the US’s Export-Import Bank (Exim), which will support development of the Stibnite gold project, in Idaho.
TSX-listed Alamos Gold has announced multiple management appointments to further strengthen its senior leadership team.
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.
