March 15, 2025

precious metals

Mortgage

U.S. 30-year fixed-rate mortgage steadies near 15-month low, Freddie Mac says

NEW YORK, Aug 15 (Reuters) – The average rate on the popular U.S. 30-year mortgage rate was little changed near the lowest level in over a year this week, as signs of cooling inflation have held down the Treasury bond yields used in setting home loan costs. The 30-year fixed-rate mortgage averaged 6.49% during the

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Investors

Investors across the US fear their retirement savings have vanished — after this California gold firm ‘abandoned’ them

Investors across the US fear their retirement savings have vanished — after this California gold firm ‘abandoned’ them A Beverly Hills company that promised to convert retirement accounts into precious metals has seemingly shut down without a trace — and its customers fear their nest eggs have vanished with it. Scott Dahl fears his retirement

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Investors

Gold will weather this storm as investors sell the rallies

(Kitco News) – The U.S. labor market has defied all expectations in 2024, but sentiment has started to shift as five months of consecutive outperformance come to an end. Heading into the weekend, markets continue to digest the disappointing nonfarm payrolls numbers. The U.S. economy created 175,000 jobs last month, according to the Bureau of

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Property

Orla acquires Nevada’s Pony Creek property through Contact Gold takeover

The precious metals company Orla Mining Ltd. (TSX: OLA) significantly expanded its Nevada territory this week by closing its acquisition of Contact Gold and its 4,500-hectare Pony Creek property. The site is right next to Orla’s South Railroad project in the state’s Carlin gold trend. The acquisition also came with the Green Springs property, located

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