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With the ongoing rift between US and China, the mining sector continues to be volatile with gold stocks fluctuating in the stock market.
The precious metal will get more demand this month because of the Akshaya Tritiya festival, where gold is essential in the bride's dowry.
The looming trade war between the U.S. and China has contributed to the decline of metal prices.
With increasing tariffs on foreign imports, the stock market closed low relative to the progress it has been making since Jan. 26.
The U.S. is imposing tariffs on about $60 billion Chinese imports, which prompted China to retaliate with its own tariffs on US products.
Africa, even with its abundance of natural resources, has not risen to the top because of the lack of regulation in the mining industry.
The unsteadiness of Dow Jones has been expressed in a series of lows the past couple of weeks. But it took a turn recently, mostly reaching...
CIA director Mike Pompeo will replace Rex Tillerson as the U.S. Secretary of State.
The stock market closed a little bit low this week due to "implementing market stability", thanks to the regulations that lawmakers have been implementing.
The stock market opens the early quarter of the year with minimal gains. Gold and silver remain bullish, thanks to the policies set out by lawmakers.