US President Joe Biden has announced billions of dollars in support and investment for Africa at a summit with the continent’s heads of state. “The United States is all in on Africa’s future,” President Biden told the 49 African...
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UAE Central Bank sees a 13% increase in its gold reserve year on year. The value of gold reserves in the UAE central bank has increased 13 per cent year on year. The value of gold reserves of theCentral...
The gold price held steady despite Wednesday’s announcement of a 50 bps hike in the Federal Funds Rate. The precious metal ended the day trading at $1,802 per ounce, down only $5.30 over the day. These price movements signal...
Bitcoin adoption will need to be driven by the development of real uses rather than speculative interest, the report said. Bitcoin’s (BTC) value proposition is based on the cryptocurrency’s potential usefulness. Its level of future adoption, therefore, is more...
Transcript: SECRETARY BLINKEN: Well, good afternoon, everyone. I am extremely pleased to be joined by Congolese President Tshisekedi, with my friend the foreign minister as well – very good to see you – and the president of Zambia, Hichilema, with...
German financial institution Deutsche Bank wants a seat at thegoldtable again as it applies to rejoin the London Bullion Market Association, according to media reports Friday. According to a report from Bloomberg, the German bank’s move back into the...
Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. Gold is less likely to be influenced by tighter financial conditions, meaning...
I am fundamentally bullish on both gold and oil with a long-term perspective from current levels. Between the two going into the first half of 2023, gold likely has the advantage on its side. Several times per monthfor Stock...
The World Gold Council today launched a multi-media marketing campaign in India to create awareness on gold’s role in an investment portfolio and drive adoption amongst new-age young investors. The campaign aims to reinforce gold as a versatile asset...
The Democratic Republic of Congo is the world’s leading source of mined cobalt. However, the mineral has led to vast human, social, and environmental costs. For countries to achieve their net-zero goals, societies must fully embrace the electrification of...