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Gold News Gold prices moved higher on Monday, as a weaker dollar and worries about the economic outlook boosted the precious metal. Spot gold was up 0.9 percent at $1,867.27 per ounce. U.S. gold futures rose 1.1 percent to $1,873.90. The dollar index fell 0.3 percent against a basket of currencies, making gold less expensive for holders of other currencies. Gold Articles The Benefits of Owning Gold Gold has been used as a form of currency for centuries and continues to be a popular investment today. Despite its intrinsic value, gold also offers several other benefits that make it a desirable asset. Gold is a hedge against inflation, has a long-term store of value, and its price is not affected by the fluctuations of the stock market. How to Start Investing in Gold Investing in gold can be a great way to diversify your portfolio and protect your wealth. Gold is a valuable asset that holds its value over time and can be used as a hedge against inflation. There are several ways to invest in gold, including buying physical gold, gold futures, gold ETFs, and gold mining stocks. Each method has its own risks
Cygnus Metals Limited: Issue of Performance Rights - ForexTV
TORONTO, July 11, 2025 (GLOBE NEWSWIRE) -- Cygnus Metals Limited (“Cygnus” or the “Company”) advises that it has issued an aggregate of 67,050,000 performance rights (“Performance Rights”) to directors, and key employees and consultants, under the Company’s Omnibus Equity Incentive Plan (“Plan”). Shareholders approved the Plan and the issue of Performance Rights to directors at the Company’s annual general meeting held on May 14, 2025. The Performance Rights to key personnel were issued on the same terms and conditions as the director Performance Rights, as set out in the notice of annual general meeting released to ASX on April 14, 2025. The Performance Rights vest on the later of (a) one year after their date of issue, and (b) the successful completion of specific key performance objectives within three years from the date of issue. Each vested Performance Right is exercisable to one fully paid ordinary share in the capital of the Company (net of applicable withholdings) and will expire on May 31, 2030 unless exercised on or before this date. The objective of Cygnus’ Plan is to promote the long-term success of the Company and the creation of shareholder value by aligning the interests of eligible persons under the Plan with the interests of the Company. This announcement has been authorised for release by the Board of Directors of Cygnus. David SouthamExecutive ChairT: +61 8 6118 1627E: info@cygnusmetals.comErnest MastPresident & Managing DirectorT: +1 647 921 0501E: info@cygnusmetals.comMedia:Paul Armstrong Read Corporate +61 8 9388 1474 About Cygnus Metals Cygnus Metals Limited (ASX: CY5, TSXV: CYG) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.
Australian Stocks Finish Slightly Lower - ForexTV
The S&P/ASX 200 Index experienced a slight decline of 0.1%, closing at 8,580 on Friday, as it surrendered gains from the previous session due to setbacks in the financial and gold sectors, which overshadowed a strong rally among mining stocks. Over the week, the index saw a reduction of 0.3% following two successive weeks of advances. Market sentiment grew cautious when US President Trump announced a 35% tariff on Canadian imports beginning on August 1, in response to Ottawa’s retaliatory trade measures. He also hinted at potential blanket tariffs ranging from 15% to 20% on most other trading partners. In corporate developments, major banks and gold mining companies bore the brunt of the losses, with CBA dropping 0.5% and Northern Star falling by 2.2%. Real estate and healthcare sectors also faced pressures. Conversely, prominent mining companies enjoyed a 1.9% increase, spurred by rising iron ore prices driven by anticipated steel supply reforms and new economic stimulus efforts from leading consumer, China. Additionally, shares of Johns Lyng Group soared by 23.3%, marking their strongest performance in a single day, following the announcement of a A$1.1 billion acquisition deal with Pacific Equity Partners.The material has been provided by InstaForex Company - www.instaforex.com