Holdings at People’s Bank rise to more than 2,000 tons Precious metal hit its highest in more than a year this week
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Rejected offer triggers expectations of a new waTurkey bought 23 tonnes of gold in January, making it the biggest buyer of the precious metal among central banks globally over the period. The country now holds 565 tonnes of gold, the...
Gold is famous for its rarity and that likely won’t change any time soon. In fact, the global demand for gold hit a decade peak in 2022 while its supply continues its nearly 7-year plateau. So gold is in...
Gold will hit as high as $2,400 per ounce over the next five years, as countries like Russia seek to divest of U.S. dollars, after the dollar was weaponized following Russia’s conflict in Ukraine. That’s according to Pierre Lassonde,...
How to own gold without having to lug it around and stash it somewhere safe – like a safe. That’s something the World Gold Council is working on, says council chairman Randy Smallwood, whose company pioneered precious metals streaming, which...
Mining indaba, Africa’s largest mining conference, is an anthropologist’s dream. There are the corporate chief executives: alpha males keen to cut big deals for big rocks. There are the engineers staffing stands in bright corporate attire, resembling darts teams...
Fort Knox has earned a reputation as the world’s most secure repository of gold. Perhaps it one day will have a rival in Wyoming. Scottsdale Mint CEO Josh Phair told state lawmakers Thursday during testimony on a bill that would allow...
The United States welcomes the February 17 Communiqué of the 1140th meeting of the African Union Peace and Security Council (PSC) on the situation in eastern Democratic Republic of the Congo (DRC). We join the PSC in expressing concern...
Rejected offer triggers expectations of a new wave of industry consolidation
Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich November 20, 2014. The "Save our Swiss gold" proposal, spearheaded by the right-wing Swiss People's Party (SVP), aims to ban the central...