GEMZ News and Press, Gemxx Corp From 05/21/25

2025-05-21 09:05:00 ET Gold ticked upwards on Monday following the weakening of the U.S. dollar after Moody’s downgraded the government of America’s credit rating . This boosted the safe haven appeal of gold and helped the precious metal to register some gains on the day...

2025-05-13 10:05:00 ET A recent report by energy technology company Baker Hughes reveals that U.S. energy firms have slashed the number of active oil and natural gas rigs to their lowest levels since the beginning of the year. According to the report , the number of oil rigs fel...

2025-05-07 09:05:00 ET Natural gas and oil have retained their top spots within the energy mix of different countries despite the growing calls to switch to renewable energy. Together with LNG (liquefied natural gas), these fossil fuels are increasingly being relied upon by countries fo...

2025-05-05 10:05:00 ET Rising expectations of a benchmark interest rate cut by the U.S. Federal Reserve are causing gold prices to fall . With numerous investors betting that the Fed would cut interest rates after the U.S. registered weaker-than-expected growth in the first quarter of 2...

2025-05-02 10:05:00 ET Over the last 100 days since Trump took office , the price of gold has recorded a 22.2% increase in dollar terms, setting over 20 new all-time records. During this period, the S&P 500 index of the biggest corporations has dropped by over 7%. With gold cont...

2025-04-24 10:05:00 ET The primary source of energy globally is oil and gas, which make up a whopping 52%. Currently, the United States is the largest producer of these resources, accounting for 25% and 20% of gas and oil output globally. Last year, America was the biggest exporter of l...

2025-04-23 09:05:00 ET On Monday, gold continued its upward climb beyond the $3,300 mark to reach fresh record levels beyond $3,400 on the Comex in New York. UK bullion markets remained closed on Monday due to the Easter holiday. Bullion reached new price highs in China in what many...

2025-04-15 10:05:00 ET The price of gold flew past the $3200-mark last week as the trade war between China and the U.S. triggered fears of recession and the dollar’s value dropped against its peers. The trade war began when President Trump introduced reciprocal tariffs at the...

2025-04-14 10:05:00 ET Gold is reaffirming its status as a safe-haven asset amid the recent rounds of trade tariffs imposed by the United States. Unlike traditional fiat currencies like the dollar, gold doesn’t depreciate in value during times of economic distress. This makes...

2025-04-09 09:05:00 ET The recently announced tariffs by the Trump administration are likely to have an adverse effect on most industries. We look at how the oil and gas industry is likely to be impacted , with the offshore activities at the Gulf of Mexico serving as a vivid example. ...