Gold price hits CAD $6,087/oz after Bank of Canada holds rates, says ‘US tariffs and threats of further action pose risks’
(Kitco News) – The Bank of Canada (BoC) maintained its key overnight rate at 2.25% on Wednesday, as…
FOMC minutes show a Fed united on rates and communications, but concerned about impacts of Iran, tariffs and AI on inflation
(Kitco News) – The minutes from the June 16-17 Federal Open Market Committee (FOMC) meeting showed members united…
Russia’s Steel Output Falls to 15-Year Low as Sanctions, Weak Demand Bite
Russia’s steel production fell to its lowest level in 15 years in 2025, as Western sanctions, weak domestic…
Russia fails for third time to sell off confiscated stake in gold miner
The Russian state failed for a third time to auction a 67.2% stake in gold producer Uzhuralzoloto (UGC)…
Azerbaijan Strengthening Its Energy Influence in Europe
Azerbaijan is taking another major step toward strengthening its role in the European energy market, following SOCAR’s signing…
Gold And Silver Fall To 2-Month Lows
Topline The prices of gold and silver plunged Tuesday afternoon on fresh Iran war tensions and expectations of…
EU’s Strategic Roadmap for Digitalisation and Artificial Intelligence in Energy
The European Commission has taken a significant step to address the impact of digital technologies on the energy…
Largest BESS Optimisation Deal in Central and Eastern Europe
Pan European Independent Power Producer (IPP), R.Power and Axpo have signed another multi-year contract to optimise operation of…
CARMEN Smart Grid Project Secures €104mn in Funding Through the Connecting Europe Facility
Transelectrica, Romania’s national transmission and system operator, together with its partners Delgaz Grid, the electricity and natural gas…
EU’s Push to Cut Subsidies for Chinese Inverters
The European Commission has announced that energy projects using Chinese inverters will no longer be subsidized. This measure…