Bullboard - Stock Discussion Forum Sabre Gold Mines Corp T.SGLD

Alternate Symbol(s): SGLDF

Metals & Mining Gold

Sabre Gold Mines Corp. is a Canada-based gold producer in North America. The principal business activities of the Company are focused on exploring and developing the Copperstone Mine (Copperstone) in La Paz County, Arizona, United States. The Company has a 100% leasehold interest in the exploration and development stage Copperstone Project, which encompasses approximately 12,258 acres of... see more

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TSX:SGLD - Post Discussion

Sabre Gold Mines Corp > "... Gold clings to record high on growing US rate-cut bet

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Post by GoldenPolarBear on Jul 18, 2024 9:14am

"... Gold clings to record high on growing US rate-cut bet

"...

Gold clings to record high on growing US rate-cut bets..."

"... Gold prices firmed on Thursday to hover near a record peak hit in the previous session, as traders ramped up bets of an earlier start to interest-rate cuts by the U.S. Federal Reserve, constraining gains in the dollar and Treasury yields.

Spot gold was up 0.3% at $2,464.90 per ounce as of 1155 GMT, having hit an all-time high of $2,483.60 on Wednesday. U.S. gold futures also climbed 0.3% to $2,468.20.

This stock is lost in the doldrums as GOLD has definitely spiked. Frustrating!

https://www.reuters.com/markets/commodities/gold-shines-rising-fed-rate-cut-outlook-2024-07-18/