News Articles

This year has been especially lackluster for Gold. Its price has slumped 8%, to about $1,200 an ounce, and is off more than 35% from its high of $1,900 in 2011. Adding insult to injury, Vanguard will soon rechristen the largest Gold-oriented U.S. mutual fund and shift its focus away from the metal . . . .

The Russian central bank has just released the latest figures for its August foreign exchange reserves and reveals it has added a further 1 million ounces of gold (31.1 tonnes) to its reserves that month . . . .

A drop-in silver prices this year has attracted investors seeking a bargain, prompting a temporary sellout of the 2018 American Silver Eagle bullion coins at the U.S. Mint this month . . . .

Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year official sector activity rose 36 percent to 366 tonnes – a substantial increase from 2016 . . . .

The silver market just can’t seem to catch a break as its performance compared to gold has fallen to its lowest level in 25 years . . . .

Gold prices have dropped this year, but it could be a hedge against a market correction, analyst writes . . . .

China will continue to be a major driver in the global silver market for years to come, fueled by continued industrial demand and silver mining activity . . . .

India’s gold imports more than doubled in August to hit their highest level in 15 months as lower prices prompted manufacturers to replenish inventory for a jewelry exhibition, provisional data from metals consultancy GFMS showed . . . .