Gold Down Overall After A Volatile Day
As Russian President Vladimir Putin moved to call up reserve forces and escalate the conflict in Ukraine and US interest rates were hiked upward by the Fed, gold rose due…
Gold Hits Lowest Price Since April 2020
On Friday the price of gold plunged to the lowest price since April of 2020, as an aggressive Federal Reserve frightened investors away from non-return bearing investments. Spot gold prices…
India Is Buying Up Gold
According to official data released Friday, the world’s second biggest importer of gold, India, has increased imports by 6.4% from April to July, taking delivery on more than $12.9 billion…
China Is Increasing Its Gold-Buying
Last month, China bought more than 80 tons of gold from Switzerland, according to a report from Bloomberg which cited Swiss customs data. According to the report, that is double…
Gold Down As Federal Reserve Fears Boost Dollar
As Treasury yields rose, gold slipped due to traders weighing mixed US economic data and the Federal Reserve’s aggressive strategy of raising interest rates. While the latest data shows home…
Jim Rogers Sees Precious Metals And Agriculture As The Way Forward
Many investors are looking at the crypto market and seeing a firesale. However legendary investor Jim Rogers is telling people there is one thing they need to be mindful of,…
JP Morgan Gold Desk Traders Convicted Of Spoofing Trades To Manipulate Gold Prices
A court in Chicago convicted the former head of the JPMorgan Chase & Co. precious-metals business, Michael Nowak, and his top gold trader Gregg Smith, of manipulating the gold markets…
JP Morgan Trader Says Boss Coached Him In Gold-Spoofing Trial
A former precious metals trader at JP Morgan Chase & Co. testified in court that his boss coached him to lie about price-manipulating orders to compliance officers, and advised him…
Ukraine Announces It Has Sold Seven Times As Much Gold As Its National Reserves
In a report by Reuters, it was noted Ukraine claims to have sold $12.4 billion of the nation’s gold reserves since February, however one precious metals expert has called the…
South African Copper Thieves Are Stalling The Advance To Fuel Cell EVs
As a vital supplier of platinum, one of the rarest precious metals on earth, South African mining is one of the most important industries for the electric vehicle market. The…
