Gold Buying By Central Banks Hits 55 Year High
On Tuesday the World Gold Council (WGC) reported that in 2022 gold purchases rose by 18% over the previous year, as demand hit almost five metric tons, the most in…
Trends Make The Portfolio
On Tuesday the World Gold Council (WGC) reported that in 2022 gold purchases rose by 18% over the previous year, as demand hit almost five metric tons, the most in…
On Friday, Serbia’s minister of mining and energy, Dubravka Dedovic Negre, announced that a large gold deposit had been discovered in Serbia. Negre went on to say that initial testing…
According to Chinese customs data released Saturday, China increased its imports of Russian gold in 2022. In 2022, China purchased a total of 6.6 tons of gold from Russia, both…
Gold prices edged downward as the dollar strengthened on Friday. However investor optimism that the Federal Reserve will slow the pace of its rate hikes meant bullion was still poised…
This year some analysts are predicting silver could reach $30 per ounce, hitting a nine-year high as the precious metal outpaces what is expected to be a bullish run for…
Industry analysts are predicting gold prices may rise to record highs above $2,000 per ounce this year, as the Federal Reserve slows the pace of rate hikes before stopping them…
Business daily Nikkei Asia is reporting that strategists have noted central banks all over the globe have stepped up their gold purchases due to Russia’s assets being frozen under Western…
A US-based agency which monitors the silver market says in its latest report that the world is on the brink of a major silver supply shortage this year. The Silver…
According to government documents, the UK has expanded the government ban on importing Russian gold. Appearing on a British government website, the documents note the ban will target “gold jewelry…
Switzerland is now purchasing Russian gold at the highest rate in over two years, according to a new Bloomberg report. In August, the major refining hub purchased 5.7 tons of…