Gold prices climbed to new highs on Monday, with December futures reaching a record $4,014.60 per ounce. The yellow metal stayed strong as investors sought safety amid global uncertainty and a prolonged U.S. government shutdown. Goldman Sachs raised its December 2026 gold price forecast from $4,300 to $4,900 per ounce, citing steady central bank purchases and renewed investor interest in gold-backed ETFs. Spot gold has surged 52% so far this year, supported by a weaker U.S. dollar and rising geopolitical tensions. Source: KITCO But first, let’s take a closer look at gold ETFs — what they are and why so…
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B5 Plus Ltd, West Africa’s largest steel manufacturing company, has once again affirmed its leadership in the region’s industrial landscape by winning the Iron & Steel Category Award at the African Corporate and Business Excellence and Empowerment Awards (ACBEEA) 2025. The award recognises B5 Plus as the “Most Diversified & Vertically Integrated Steel Design, Manufacturer Source link
(3 Minutes Read)Since gaining official certification in May 2024, Namibian-based Carbon Capital has made significant strides in the global carbon market, successfully selling over 14,500 carbon credits from its Farm Gai Kaisa 159 project near Grootfontein.These credits represent the removal of 14,500 tonnes of CO₂—equivalent to emissions from driving 90 million kilometres in a standard petrol vehicle or about 10,000 return flights between Windhoek and Frankfurt.Although Carbon Capital has operated for over three years, it only received accreditation from Puro.earth—an international carbon removal registry—in May 2024. Since then, the company has maximised this milestone by issuing and selling its entire…
A sprawling new study shows the $2 billion market used by companies like Amazon and Fedex has failed to curb global greenhouse gas emissions. Source link
Tesla is once again in the spotlight of the EV world with the launch of its most affordable versions of the Model Y SUV and Model 3 sedan. On October 7, 2025, the company unveiled “Standard” trims of its two bestsellers, priced at $39,990 for the Model Y and $36,990 for the Model 3. The move marks Tesla’s latest attempt to reignite demand amid slowing sales, fierce competition, and the loss of the $7,500 U.S. federal EV tax credit. While the announcement initially stirred excitement, investor sentiment quickly turned cautious. Many had hoped for even deeper price cuts—possibly closer to…
Image source: Getty Images The BP (LSE: BP.) share price hasn’t set the world alight over the last 12 months, rising just 2.25%. Yet after climbing 24% in the last six months, it’s starting to look more like the recovery story is on. As someone who bought the stock last autumn, I’m hoping the momentum continues. So what can we expect? FTSE 100 energy stock BP has had a bumpy millennium. Fifteen years ago, its shares traded close to 650p, before the Deepwater Horizon disaster in April 2010 triggered $65bn of fines, compensation, and clean-up costs. Since then, the FTSE 100 stalwart has seen…
NEW DELHI: In a significant step in India’s climate action journey, the Centre plans to launch the Indian Carbon Market (ICM) portal by January next year, according to two officials aware of the development.The centralized digital platform will serve as the backbone of the country’s emerging carbon credit trading system—facilitating the creation, registration, and issuance of carbon credits to help industries offset emissions by investing in cleaner technologies or purchasing credits from others.The move comes at a time when carbon prices have surged globally. The global carbon credit market was valued between $531.2 billion and $656.8 billion in 2024, according…
Image source: Getty Images I regularly scour the FTSE 100 for cheap shares and even with the index hitting all-time highs, I’m still finding bargains. The quickest way I know to check whether a stock is good value is to look at its price-to-earnings ratio. Other measures include the price-to-book ratio and discounted cash flow, but this is my first port of call. Using the P/E, three stocks stand out, but with a proviso. Cheap doesn’t automatically mean it’s a good time to buy. Sometimes there’s a very good reason a stock is in the bargain bin. EasyJet shares are grounded I’ve…
Hong Kong market’s IPO reforms, effective this month, reshape how deals are priced and who gets access. For investors, this marks a pivotal shift in market integrity and allocation fairness. The impact is already visible. In this year’s first half, companies listing on Hong Kong Exchanges and Clearing Limited (HKEX) raised $14 billion (HK$109 billion). Mainland China battery manufacturer and technology company CATL’s $4.6 billion offering, the largest IPO worldwide so far this year, underscores investor appetite for Mainland Chinese listings. For investors, the surge signals both opportunity and risk: Hong Kong has reasserted itself as the offshore gateway for…
Image source: Getty Images Demand for gold-linked exchange-traded funds (ETFs) is rocketing as prices of the yellow metal boom. Overnight, the precious metal struck new peaks above $4,000 per ounce as investors charged into safe-haven assets. Rapid growth in the ETF market means investors have plenty of ways they can capitalise on surging precious metal values. Here are three to consider today. Keeping it simple The simplest way to ride the gold price is with a straightforward tracker like WisdomTree Physical Gold (LSE:PHAU). The fund holds physical metal in vaults on investors’ behalf, saving them the trouble of delivery and…