News Articles

MUMBAI: India’s gold imports in March surged 471% from a year earlier to a record 160 tonnes, a government source told Reuters on Thursday, as a reduction in import taxes and a correction in prices from record highs drew retail buyers and jewelers . . . . Reuters

After the worst start to the year in almost four decades, can gold see its strongest rally yet? . . . . Anna Golubova

Yesterday (Mar. 31), President Joe Biden announced the big infrastructure plan , the second major legislative initiative after the $1.9 trillion coronavirus relief plan passed in early March . . . . Arkadiusz Sieron

Gold Spot we wrote: Gold collapsed straight to very important strong support at1685/75 & bottomed exactly here . . . . Jason Sen

The best way to protect against economic turbulence is with hard assets like precious metals and real estate, but even these are under threat from the government. . . . Kitco News

Asian shoppers buying more bars and jewelry. . . . Bloomberg

Russia’s Finance Ministry has allowed the National Wealth Fund (NWF) to diversify its assets by investing part of the funds into precious metals. . . . RT

The economic recovery after the pandemic, vaccination programs around the world and an increase in bond yields have led to the decline in prices . . . . Amitabh Tiwari

Goldman Sachs says the sector is a great investment going forward, as prices will keep rising, up 15.5% for the next 12 months . . . . The Investment Officer

Gold is back on investors' radar as prices look to end the week on a strong technical note. . . . Anna Golubova