China's Gold Reserves at 62.64 mln ounces at the End of May
Value of China’s gold reserves rises to US$108.29 billion at end of May, from US$106.67 billion a month earlier
Read articleValue of China’s gold reserves rises to US$108.29 billion at end of May, from US$106.67 billion a month earlier
Read articleThe resulting record divergence in gold futures vs spot unleashed a flood of physical gold into the US as a record scramble by traders rushing to take advantage of this arbitrage opportunity by shipping bullion to New York sparked what Bloomberg said "may be one of the largest ever physical transfer...
Read articleVenezuela has launched legal proceedings to try to force the Bank of England to hand over $1 billion worth of gold, claiming it needs the money to fund an appropriate response to the coronavirus pandemic.
Read articleRight now, the price of gold is relatively cheap compared to the current money supply. And the price of silver is ridiculously cheap compared to gold. Again, silver has never been cheaper in 5,000 years.
Read articleScotia was for years the world's biggest lender to the physical precious metals industry, with a history that stretches to 1684.
Read articleThe president of the Shanghai Gold Exchange (SGE) called for a new super-sovereign currency to offset the global dominance of the U.S. dollar, which he predicted would decline long term, while gold prices rally.
Read articleBank of America raised its 18-month gold-price target to $3,000 an ounce, in a report titled “The Fed can’t print gold.”
Read articleGold exports from Switzerland to the U.S. soared in March as American investors rushed to buy bullion amid the virus-driven panic.
Read articleCentral banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases.
Read articleMining in Mexico has been shut down by government decree until the end of April as part of measures to contain the COVID-19 virus outbreak, having not been granted an exemption as an essential service.
Read articleI'm not sure how accurately the price of gold that I see on my screen reflects the actual demand. The gold market seems split at the moment. While the price is falling, meaning there are more sellers than buyers, everything I read on Twitter is that physical gold is nearly unobtainable.
Read articleSilver continues to put in a laggardly performance relative to gold, but this is not a cause for concern, it is normal at this stage in the cycle, and it gives would be investors in the sector more time to position themselves.
Read articleU.S. authorities that accused six JPMorgan Chase & Co. employees of rigging precious-metals futures are building a criminal case against the bank itself, two people familiar with the situation said.
Read articleMajor banks in Lebanon began tightening banking controls this month, halving the amount of dollars depositors are allowed to withdraw every month, despite growing public anger.
Read articleRay Dalio says ‘cash is trash’ and advises investors to have a certain amount of gold in their portfolios.
Read articleBridgewater’s co-chief investment officer Greg Jensen told the Financial Times that gold prices could rally to $2,000 an ounce.
Read articleGold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn’t, and started higher again in recent days over th...
Read articleGold’s impressive advance in 2019 -- aided by trade war frictions, easier monetary policy across the world’s leading economies and sustained central-bank buying -- may be set to spill into the new decade.
Read articleMongolia's central bank announced on Tuesday that it has bought a total of 14.4 tons of gold from legal entities and individuals in the first 11 months of this year.
Read articleSlovakia’s former premier said parliament should force the central bank to bring back the nation’s gold stored in the U.K. as history has shown that allies “can hardly” be trusted.
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