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Major European stocks posted slight losses in Tuesday's premarket trade as investors awaited key data reports on the state of unemployment in the United Kingdom as well as the Eurozone's economic growth in the third quarter of the year.

The previous day was marked by the news that United States President Joe Biden signed the $1 trillion bipartisan infrastructure bill into law, a move that could leave an effect on markets.

The DAX slipped 0.10%, while the FTSE 100 lost 0.11% and the CAC 40 declined by 0.07% at 7:12 am CET.

The euro advanced 0.15% against the dollar to sell for 1.13775, while the pound expanded by 0.11% to $1.34212 at 7:18 am CET.

Breaking the News / ND

16th NOV '21
(today)
RBCCM Global Mining & Metals Conference
Centamin participating, an RNS to coincide perhaps?

Sotolo the currency rates should have nil affect on the value of the product or the value of the share.

The real prize is for the price of Gold to rise organically independent of the currency exchanges.

The weaker the dollar the better provided the POG is adjusted in situ.

The dollar is slowly moving from $1.40 to the £, to $1.30 (where it was five years ago.)

Shares in Europe traded mostly lower in the premarket on Monday after Germany's incidence rate, the number of those infected with COVID-19 per 100,000 people, reached another record. The country's figure for new cases registered daily declined slightly but remained high. Meanwhile, the European Union continued to express its concerns regarding the entry of migrants into its territory.

The DAX stood flat at 7:14 am CET. At the same time, the FTSE 100 lost 0.13%. The CAC 40 decreased by 0.11%.

The euro went up by 0.09% against the dollar to sell for $1.14561 at 7:23 am CET. At that moment, the pound sterling rose by 0.06% against the greenback to go for $1.34298.

Breaking the News / JR

Shares in Europe traded mostly lower in the premarket on Monday after Germany's incidence rate, the number of those infected with COVID-19 per 100,000 people, reached another record. The country's figure for new cases registered daily declined slightly but remained high. Meanwhile, the European Union continued to express its concerns regarding the entry of migrants into its territory.

The DAX stood flat at 7:14 am CET. At the same time, the FTSE 100 lost 0.13%. The CAC 40 decreased by 0.11%.

The euro went up by 0.09% against the dollar to sell for $1.14561 at 7:23 am CET. At that moment, the pound sterling rose by 0.06% against the greenback to go for $1.34298.

Breaking the News / JR

https://www.kitco.com/news/2021-11-11/Egypt-s-Sawiris-looks-to-battery-metals-awaits-nod-on-gold-concessions.html

It would be genus if Sawiris were to manage successfully promote Egyptian gold and not cause a rally in Centamin shares.

Gold's hot streak is still in its early innings, say the managers behind two of the largest ETFs on the market backed by the precious metal.

Bullion wrapped up its best week since May on Friday as investors bought it to hedge against rising inflation figures, the latest being the more than 30-year record spike in consumer prices. It has climbed 7.5% since its recent bottom in September and is now within 2% of breaking even on a year-to-date basis.

https://www.cnbc.com/2021/11/13/gold-set-to-rally-in-coming-months-experts-say-key-level-to-watch.html

https://news.bitcoin.com/egyptian-billionaire-remains-bullish-on-gold-says-wrong-to-compare-precious-metal-to-bitcoin/

Cowichan the article I posted comments China has an appetite for gold that it is unable to satisfy internally and is being forced into international mine/minors acquisitions.

The fire is beginning to warm up.

“Like a game of musical chairs, with gold miners buying each other and the potential spate of Chinese buyers, there won’t be many chairs left for investors“

Mmmmm
Sleep easy Zzzzz

Makes an interesting summary of gold and miners.
Scroll way down until you see a gold chart.
“Breaking Out
Gold breached a long-held trendline after the CPI print.

Apparently Eldorado and Centamin remain consolidation possibilities.

https://www.gold-eagle.com/article/gold-greenback-emissions

Might help the closing price.

MrBond I seen it… I was watching the real time price around 12:10 and the price jumped to 105.
It’s listed on the trades:

12-Nov-21 12:10:55 105.08075 6,704,969 Buy*

Thank you Cowichan for your relentless effort to protect and improve Centamin’s clarity, focus and share price.
Totally indebted to you. Cheers.

Shares in Europe traded mostly higher in the premarket on Friday after Germany reported yet another highest level in its incidence rate, the number of people per 100,000 inhabitants infected with COVID-19. Meanwhile, Deutsche Telekom AG unveiled an annual rise in its third-quarter revenue by 2.1%. AstraZeneca PLC will reveal the same update later in the day.

The FTSE 100 stood flat at 7:01 am CET. At the same time, the DAX gained 0.13%. In the meantime, the CAC 40 went up by 0.06%.

Both the euro and the pound sterling stood flat against the dollar at 7:17 am CET, selling for $1.14409 and $1.33662, respectively.

Breaking the News / JR
Happy weekend y’al.

Shares in Europe traded mostly higher in the premarket on Friday after Germany reported yet another highest level in its incidence rate, the number of people per 100,000 inhabitants infected with COVID-19. Meanwhile, Deutsche Telekom AG unveiled an annual rise in its third-quarter revenue by 2.1%. AstraZeneca PLC will reveal the same update later in the day.

The FTSE 100 stood flat at 7:01 am CET. At the same time, the DAX gained 0.13%. In the meantime, the CAC 40 went up by 0.06%.

Both the euro and the pound sterling stood flat against the dollar at 7:17 am CET, selling for $1.14409 and $1.33662, respectively.

Breaking the News / JR

Someone posted on Monday “This will be a £1 by Friday.”

How right he was… and the rest.
Happy weekend y’al.

Thank you MrBond46 for the heads up. Only two silent now and one of them is prob asleep in a different time zone.
With gold on a roll and the right management focused and pushing Centamin maybe back to a respectable sooner than I had thought.. it’s been a long year in Cey land.

Dog to the park, cheers.

I posted this yesterday…

“ Now that the POG has10 Nov 2021 19:17
Tee’d the share price up it would be nice for the company to release some positive news so the pps would rise even farther…
Or 7am on Tuesday would also hit the mark when they’re presenting at the RBCCM Global Mining & Metals Conference

Glad today happened anyway, it was well overdue.”

Feeling smug about it
:))

The stock has its best in months and Cowichen Mrtibbles and MrBond46 all go missing!

How strange is that.

Perhaps the Egyptian mifia have them.

Speak up folks,