👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and make a toast. 🍻

📝 Here are the highlights

🧐 Tensions Lift Gold

👏 Scorpio Drills Manhattan

🐦 Uranium Buying Freeze

📌 Daily Commodity Prices

🧐 Tensions Lift Gold

Gold prices rebounded today as investors moved back into safe-haven assets amid a global equity selloff and lingering geopolitical uncertainty, particularly around renewed U.S.-Iran nuclear talks in Oman.

Spot gold rose 2.3% to about $4,879/oz, while U.S. gold futures edged higher, despite pressure from a stronger U.S. dollar.

Silver also jumped over 4% after briefly dipping below $65/oz earlier in Asian trade, though it remains sharply down for the week following heavy recent losses.

Meanwhile, the CME Group raised margin requirements again to manage volatility, while high price swings reduced physical demand in India.

👏 Scorpio Drills Manhattan

Scorpio Gold Corp. (TSXV: SGN; OTCQB: SRCRF; FSE: RY9) reported drilling results from the Reliance Trend at the Manhattan District Project, in Nevada, United States.

Highlights:

• 41.22 metres of 0.44 g/t gold.

The results continue to reinforce the company’s geological model at Manhattan, particularly along the Reliance Trend, and the company noted that 12 additional holes totalling 3,831 metres have been completed with assays pending.

📰 In Other News

🐦 Uranium Buying Freeze

Happy Speculating!

The Editor

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