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Metals / Gold

Germany Looks To Gold To Help Weather Financial Storm

Aug 09, 2023 at 09:10 | ZeroHedge

By Jan Nieuwenhuijs via Gainesvillecoins.com At a press conference early 2023, member of the Executive Board of the German central bank…

Gold Investment Soars Among Millennials

Jul 27, 2023 at 08:13 | ZeroHedge

Millennials are buying more gold than Boomers or Gen-X, according to a recent survey. But there’s a catch. Millennials are also more likely…

Will The Bullish Momentum In Gold And Silver Markets Continue?

Jul 21, 2023 at 08:35 | Metal Miner

Via AG Metal Miner Precious metal prices (especially silver) began a brief rally on July 12 before retreating again. Whether or not the…

Gold Prices Inch Higher As Fed’s Inflation Battle Draws To A Close

Jul 14, 2023 at 08:17 | City A.M

Gold markets have consolidated this week’s price rally, buoyed by growing expectations that the Federal Reserve’s battle to curb inflation is drawing to a successful close.

Central Banks Add Gold Amid Economic Uncertainty

Jul 06, 2023 at 08:44 | ZeroHedge

Excluding another big sale by Turkey, central banks were net buyers of gold in May, according to the latest data compiled by the World Gold Council. Eight central banks added…

How Do U.S. Debt And Gold Prices Relate?

Jul 05, 2023 at 08:05 | ZeroHedge

Gold has long been considered a store of value and a hedge against economic uncertainty. Over the past five decades, its price has been closely intertwined with concerns surrounding the…

Hawkish Fed Spooks Precious Metal Traders

Jun 23, 2023 at 08:47 | Metal Miner

Via AG Metal Miner The Global Precious Metals MMI (Monthly Metals Index) traded sideways month-on-month. Overall, the index fell 2.75% as numerous components lost upward price momentum.…

China’s Gold Buying Spree Continues For Seventh Consecutive Month

Jun 09, 2023 at 08:12 | ZeroHedge

In an unabated buying spree, China has continued to expand its gold reserves for a seventh consecutive month, reinforcing the sustained global demand for the precious metal among central banks.…

Poland Steps Up Gold Buying

May 24, 2023 at 10:31 | ZeroHedge

Poland is buying gold again. The National Bank of Poland added nearly 15 tons of gold to its reserves in April, according to data published by…

Central Banks All Over The World Are Scrambling To Buy Gold

May 08, 2023 at 09:00 | ZeroHedge

It may not be the off the charts gold buying observed in the second half of 2022, but central bank Central bank gold buying made a blistering start to 2023…

Visualizing 200 Years Of Gold Mining Around The World

May 04, 2023 at 07:57 | ZeroHedge

Although the practice of gold mining has been around for thousands of years, it’s estimated that roughly 86% of all above-ground gold was extracted in the last 200…

Schiff: Gold Is A Buy In Every Single Currency

Apr 26, 2023 at 09:01 | ZeroHedge

Americans continue to deal with rising prices even as the economy deteriorates. But the US isn’t the only country with an inflation problem.…

Worries About Weaker Dollar Fuel Demand For Gold

Apr 24, 2023 at 08:24 | ZeroHedge

Last week, the Treasury Department revealed that the federal deficit hit $1.1 trillion in the first half of the fiscal year ending in…

Nickel Surplus Weighs On Stainless Steel Prices

Apr 20, 2023 at 09:11 | Metal Miner

Via AG Metal Miner The Stainless Monthly Metals Index (MMI) fell 7.53% from March to April. Downside momentum continued to pressure the nickel market, sending prices down…

Texas May Launch Its Own Gold-backed Digital Currency

Apr 07, 2023 at 10:55 | ZeroHedge

Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency. Enactment of this legislation would create an option for people to transact business in sound…

Central Banks Double Down On Gold Buying

Apr 06, 2023 at 10:29 | ZeroHedge

There’s no sign of a slowdown in central bank gold buying. In February, central bank gold reserves rose by another 52 tons, according to the latest data compiled by…

Experts Predict Gold Prices Could Reach $2,000 By End Of Year

Mar 22, 2023 at 12:41 | Metal Miner

Via AG Metal Miner The Global Precious Metals MMI (Monthly MetalMiner Index) dropped considerably month-over-month. All in all, the index fell by 8.74%. The market continues to witness…

Reopening Of Chinese Economy Spurs Gold Buying Spree

Mar 20, 2023 at 09:53 | ZeroHedge

After ending 2022 on an upward trend that continued into January, Chinese gold demand surged again in February as the economy continues to rebound from government-imposed…

Gold Nears $2,000 As Banking Turmoil Continues

Mar 17, 2023 at 09:41 | City A.M

Gold prices continue to rise as investors look for safe haven assets amid fears of further market volatility following Silicon Valley Bank’s collapse and the Swiss government’s emergency loan for…

Singapore’s Central Bank Quietly Boosts Its Gold Reserves By 30%

Mar 09, 2023 at 08:39 | ZeroHedge

    In January 2023, Singapore’s central bank, the Monetary Authority of Singapore (MAS) returned to gold buying again, adding a massive 44.6…

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