News Articles

Gold hit $1,900 highs on Tuesday for the first time in 20 weeks as retreating U.S. bond yields and the dollar helped the yellow metal reach a pivotal point. . . . Barani Krishnan

The National Wealth Fund (NWF) has received the green light to diversify assets by investing in gold as the country’s Prime Minister Mikhail Mishustin signed the relevant order on Friday . . . . Reuters

Analysts of top bank JP Morgan believe that institutions might be pivoting back to gold from Bitcoin but Bloomberg’s top expert reckons BTC will keep barring XAU’s rise . . . . Yuri Molchan

The rise in gold imports pushed the current account deficit (CAD) to $15.1 billion in April 2021, compared to $6.76 billion in the same month a year before . . . . Paul Ploumis

Silver was trading around $27 an ounce on Wednesday, a 74% rise from a year ago. . . . Holly Ellyatt

Data out on Wednesday showed consumer prices in the US up by 4.2% in April compared with a year ago. . . . Graham Smith

On Friday, the gold price rose as the US ten-year Treasury bond yield fell after worse-than-expected employment data was released. . . . Saloni Sardana

Silver markets have shown signs of exhaustion after initially trying to rally during the trading session on Friday. . . .Christopher Lewis

The growth in investment was mainly triggered by bargain-hunting in key markets around the world, especially China . . . . Paul Ploumis

Gold as a gentle cushion of peace: Many Germans rely on the precious metal as crisis protection . . . . Von Goldreporter