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JV: Orix mines historical data to support mines of the future
northernminer13d ago

JV: Orix mines historical data to support mines of the future

The exploration and mining industry is known for having warehouses and office storerooms packed with old geological data in paper boxes and map tubes, or digital files buried in hard... The post JV: Orix mines historical data to support mines of the future appeared first on The Northern Miner .

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Gold and silver prices down today: 2 factors sending safe haven assets plummeting amid Iran war
fastcompany13d ago

Gold and silver prices down today: 2 factors sending safe haven assets plummeting amid Iran war

It’s another bad day for gold and silver. Traders in precious metals are seeing both gold and silver plummet significantly as the week kicks off, with gold down nearly 7% and silver down 8% over the past 24 hours. Worse, gold has now fallen nearly 20% since its all-time high of over $5,586 in January. Silver is down even more, falling more than 44% since its all-time high earlier this year of over $121. Here’s what you need to know. The ‘safe haven’ trade is absent Silver and especially gold are generally considered “safe haven” assets—assets investors turn to when economic uncertainty abounds, and they want to park their money in a valuable that isn’t likely to fluctuate much, or at least not go down in value significantly. Safe haven assets like gold and silver contrast with other assets like stocks and cryptocurrencies, which are traditionally more volatile, especially in times of economic uncertainty. Given their safe-haven status, it’s natural to assume that the geopolitical and economic uncertainty unleashed by President Trump’s war in Iran over the past two weeks would cause investors to flock to gold and silver. But just the opposite has happened. After both metals hit all-time highs earlier this year, they have slowly lost value, and their sell-off has only intensified with the breakout of the Iranian war. That incongruity has left many scratching their heads, asking “why?” Government bonds are starting to look more attractive than metals While any individual investor has their own reason for selling off a valuable asset, there are two likely factors that have contributed significantly to the fall in gold and silver both today and in recent weeks. The first is solidly related to the war in Iran. While wars breed geopolitical conflict and economic uncertainty, which usually sends investors to safe-haven assets like gold and silver, they can also affect interest rates, especially if central banks need to reconsider their positions due to rising prices in things like oil, which can have a knock-on inflationary effect across the economy. And, as the Wall Street Journal notes , thanks to the war in Iran, many investors now believe that central banks around the world are unlikely to cut interest rates this year. That’s the opposite of what investors believed before the war. If interest rates remain the same or even increase, government bonds become more attractive due to their higher yields. This can lead investors to park their money in bonds rather than precious metals, which don’t offer a guaranteed income stream. Profit taking after gold and silver’s great run A second significant factor likely contributing to gold and silver’s demise recently is, ironically, how well the two metals have performed lately. Between January 2025 and gold’s all-time high in January 2026, gold rose more than 100%. In that same timeframe, silver rose by more than 275%. Those are massive gains. But big gains don’t translate into big profits until you sell. And it’s very likely that some of the reasons gold and silver are falling so much lately are due to profit taking, so investors can lock in some of those stratospheric gains they’ve made over the past 12 months. Investors are generally also more interested in cashing out on assets they’ve made a killing on when the other assets they own are experiencing downturns, such as stocks. And lately, stocks have been hit hard. In the past five weeks, the Dow has lost around 9% of its value, the Nasdaq has dropped more than 6%, and the S&P has also dropped more than 6%. Many investors fear that markets could drop further the longer the Iran war drags on, and that the resulting increase in oil prices would negatively impact the overall economy. One way to hedge against a fall in stocks is to lock in any precious metal gains by selling them. After hitting an all-time high in January, gold is currently sitting at around $4,397. That is a price point gold last saw in December 2025. Silver is currently around $68.40, a price it has also not seen since December 2025.

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globenewswire_fr13d ago

Nano Labs to Announce Second Half of Fiscal Year 2025 Financial Results on March 30, 2026

HONG KONG, March 23, 2026 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (the “Company,” “we,” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, today announced that it will report its unaudited financial results for the six months ended December 31, 2025 before the U.S. market opens on Monday, March 30, 2026.

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BLAQclouds, Inc. Announces The Successful Automation of Major Payment Platforms on ApolloCASH and Phase One Rollout of theAlley.io
benzinga13d ago

BLAQclouds, Inc. Announces The Successful Automation of Major Payment Platforms on ApolloCASH and Phase One Rollout of theAlley.io

ROBESONIA, Pa., March 23, 2026 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS ) (the "Company"), a global financial technology and blockchain infrastructure provider, today announced the successful automation of multiple global payment platforms within its ApolloCASH cross-platform remittance and settlement ecosystem following several months of development, testing, and infrastructure refinement. ApolloCASH has reached a significant operational milestone by automating settlement workflows across major global payment networks, including PayPal, Venmo, Cash App, Zelle, Wise, Revolut, Chime, Telegram, and UPI, utilizing the Company's proprietary Single Use Liquidity Pool (SULP) architecture. Transactions are settled through the Apollo Chain and Binance Smart Chain, leveraging APUSD and USDT stablecoins to enable seamless cross-platform value transfer and programmable settlement execution. Reflecting growing user adoption and platform awareness, the Company also reported a 480% increase in referral link activity over the previous 30-day period, indicating expanding engagement within the ApolloCASH ecosystem. In parallel with these developments, BLAQclouds is in the final stages of completing Know Your Business (KYB) onboarding with Spritz Finance and is concluding Sandbox testing of Spritz's digital asset on-ramp, off-ramp, and global bill payment infrastructure. Subject to the successful completion of regulatory, operational, and technical readiness milestones, the Company expects these capabilities to be integrated into the ApolloCASH platform during the first week of April 2026. This planned integration is intended to broaden real-world payment functionality by enabling streamlined conversion between digital assets and fiat obligations such as utility payments, subscriptions, and other recurring financial commitments. The Company has also introduced a Real-Time Chat feature within the ApolloCASH user address book, designed to enhance transaction transparency and improve coordination between users during payment workflows. Through Real-Time Chat, senders and recipients can communicate directly within the platform when a Send or Redeem transaction is initiated, allowing both parties to confirm payment status, timing expectations, and settlement preferences. The Company believes that embedding communication capabilities into financial transaction flows can meaningfully enhance user experience and increase transaction completion rates. Industry research supports the impact of integrated communication features within financial and commerce applications. Studies across fintech platforms suggest that real-time messaging and conversational transaction interfaces can improve transaction completion rates by approximately 20% to 40%, while also reducing payment abandonment and strengthening user trust. Additionally, engagement data from digital payment providers indicates that platforms offering embedded communication tools may experience higher repeat transaction frequency and increased average transaction value, as users gain greater confidence in payment coordination and settlement visibility. BLAQclouds views Real-Time Chat as an important step toward delivering a more interactive and user-centric global remittance experience. The Company is also actively testing integrations with additional global payment networks and financial ... Full story available on Benzinga.com

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