With gold hovering near record-high prices, the financial woes of the rest of the country are a distant concern in the mining town of Battle Mountain.
With gold hovering near record-high prices, the financial woes of the rest of the country are a distant concern in the mining town of Battle Mountain.
The dollar’s rapid rebound set off an a plunge in commodity prices, with gold falling below $800 an ounce and oil briefly trading as low as $111 a barrel.
The dollar’s rapid rebound set off an a plunge in commodity prices, with gold falling below $800 an ounce and oil briefly trading as low as $111 a barrel.
Barrick Gold has started a hostile bid of $350 million for Cadence Energy to lock in cheaper oil prices and get control of soaring production costs.