Gold

 China Gold Imports Slump as New Tax Rule Looms

China Gold Imports Slump as New Tax Rule Looms

Gold traders divert shipments from China as proposed customs rule threatens hefty new taxes on imports. September volumes hit 6-month low. Peru copper supplies at risk

By ERAN TAL
24/10/2024
 Strategist: Gold’s strength a hedge against U.S. election sweep

Strategist: Gold’s strength a hedge against U.S. election sweep

Saxo’s Ole Hansen suggests the run-up in precious metal prices is partially due to concerns that a single party winning in the U.S. election could bring increased government spending

24/10/2024
 Central Bank Gold Investing Is Increasing

Central Bank Gold Investing is Increasing

Gold IRA owners want to know why central bankers are opening up about their reasons for stocking up on physical gold right now.

By AUGUSTA PRECIOUS METALS
24/10/2024
 BRICS opening: A ‘multipolar’ world order is forming

BRICS opening: A ‘multipolar’ world order is forming

Putin confirms Russia is looking to alternative currencies amid U.S. sanctions; falls short of outlining details of rumored gold-backed currency plans

23/10/2024
Gold Extends Record Run, Silver Jumps to $35 in 12-Year High

Gold Extends Record Run, Silver Jumps to $35 in 12-Year High

Gold hits new highs, while silver surges to $35, marking a 12-year peak. With central banks buying gold and industrial demand boosting silver, this rally reshapes the market amid global uncertainty.

By ERAN TAL
22/10/2024
 El-Erian: Gold’s price increase is a result of more than just inflation

El-Erian: Gold’s price increase is a result of more than just inflation

Longtime economic commentator believes the West should be paying more attention to adversaries

21/10/2024
 BRICS summit: Precious metals investors to watch closely

Gold investors look to BRICS summit for news on rumored currency

Putin ahead of BRICS: The U.S. did it themselves. They thought we would collapse; Russian president says 95% of foreign trade now conducted in national currencies.

21/10/2024
 BRICS countries control over 20% of world’s gold reserves

BRICS countries control over 20% of world’s gold reserves

BRICS Gold Rush: These emerging economies hold a staggering 20% of the world's gold. What does it mean for the global economy?

By ERAN TAL
20/10/2024
 Bank of America: Gold is the 'Last Safe Haven' Amid Rising U.S. National Debt

Bank of America: Gold is the 'Last Safe Haven' Amid Rising U.S. National Debt

Bank of America warns that gold may be the last true safe haven as the U.S. national debt climbs to unprecedented levels, casting doubt on the stability of traditional assets like Treasury bonds.

By ERAN TAL
19/10/2024
 Central bankers rarely discuss why they buy gold – but now they’re opening up.

Bankers explain why central banks are boosting gold reserves

Central bankers rarely discuss why they buy gold – but now they’re opening up. One leading central banker says gold “symbolizes the strength of the country.”

By AUGUSTA PRECIOUS METALS
19/10/2024
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