Rio Tinto Pursues Glencore Merger as Gold Hits $4,200 Record High
Rio Tinto is pursuing a potential merger with Glencore as gold futures reached record highs of $4,200 per ounce in November 2026, marking the strongest performance since 1979. The mining sector consolidation comes amid broader market volatility, with the Nasdaq ending a seven-month winning streak and tech stocks declining sharply.
ViaNews Editorial Team (Europe)•