Gold's path is uncertain, and lithium deals abound
About this episode
Gold could make a decisive move either up or down next week, noted mining audiences manager Michael McCrae.
On Friday McCrae recorded Kitco Roundtable.
The gold market has been steady so far in June, trading between $1,940 and just under $2,000 an ounce, writes Kitco reporter Anna Golubova. But after weeks of sideways price action, gold could be ready for a significant move in either direction with gold retesting the $1,880 level or getting back up to around $2,000.
In lithium news Delta Lithium (ASX:DLI) said today that Japanese conglomerate Idemitsu will invest about A$46.4 million in Delta at $0.7075 per share.
Also this week Midland Exploration optioned several lithium properties in Quebec to Rio Tinto for up to $65.5M in expenditures and other payments
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