Gold
The Latest
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Precious Metal Glitters on Expected Financial Stimulus
Gold attracts the big players as a safe haven asset courtesy of an expected easing in monetary restrictions by big banks. Gold attracts the big players as a safe haven asset courtesy of an expected easing in monetary restrictions by big banks. -
China Raises Gold Reserves Once Again Amid Rising Tensions
The People's Bank of China announced that it had added close to 10.3 tons to its gold reserves in June, marking the 7th consecutive month of continued purchases of the safe haven asset. The People's Bank of China announced that it had added close to 10.3 tons to its gold reserves in June, marking the 7th consecutive month of continued purchases of the safe haven asset. -
World Gold Purchases Stalls U.S. Dependence
As more world central banks purchase gold in bulk, analysts forecasted that confidence in the U.S. may be declining. As more world central banks purchase gold in bulk, analysts forecasted that confidence in the U.S. may be declining. -
Goldzip Tokens Backed By $300 Million Worth Of Audited Gold Launched In Hong Kong
Chinese Gold and Silver Exchange (CGSE) and its partners have launched a new digital coin called Goldzip Tokens backed by $300 million worth of real gold. Chinese Gold and Silver Exchange (CGSE) and its partners have launched a new digital coin called Goldzip Tokens backed by $300 million worth of real gold. -
Gold Prices Rise Amidst US Economic Recession Concerns And Global Slump
Gold prices have now reached a 3-week high, with investors now opting to bet on safe-haven assets amidst the global economic slump and US recession concerns. Gold prices have now reached a 3-week high, with investors now opting to bet on safe-haven assets amidst the global economic slump and US recession concerns. -
Barrick Gold Makes Hostile US$18 Billion Bid To Buy Rival Newmont Mining
In the latest attempt to create the biggest gold producing company in the world, Barrick Gold has now made a hostile offer of US$18 billion to buy out its rival Newmont Mining. In the latest attempt to create the biggest gold producing company in the world, Barrick Gold has now made a hostile offer of US$18 billion to buy out its rival Newmont Mining.