News Articles

The long term solution lies in increasing the economic growth so that the Current Account Deficit changes to Current Account Surplus. This is a tough call, under prevailing environment . . . .

While the international gold market is facing a slowdown, with the global demand for the precious metal waning, gold is becoming remarkably popular in Germany . . . .

The past 6 years haven’t exactly been the easiest of times for silver investors. For those who were astute enough to notice the explosion in the the money supply following the housing crisis, buying precious metals seemed like a great investment. Yet prices have declined from a peak of $49 in 2011 to as low as $15 . . . .

There are hopes that platinum could once again be used to make autocatalytic converters for petrol-powered engines, creating fresh demand for the metal amid a deepening supply deficit . . . .

Russia’s Far East Development Fund and China’s state-owned gold mining company, China National Gold Group, are to sign an accord by the end of this year on setting up a joint US$1 billion investment fund targeting new projects in the metals and mining sector . . . .

The Central Bank of Russia added 63 tonnes to its gold reserves during Q3. Year-to-date, the Russian Central Bank has increased its holdings by 164 tonnes . . . .

It has been a rough year for many primary silver miners as two-thirds have suffered declines in production.  Also, many high-ranking silver producing countries are also experiencing a pronounced reduction in their domestic silver mine supply . . . .

Target picking is risky in an asset whose value is largely based on sentiment and prone to being "jawboned" into its proper place. But we believe for various reasons that if Gold does not pierce $1260 spot, its chances . . . .

Billionaire hedge fund manager Ray Dalio didn’t just recommend gold last quarter. He bought a lot of it . . . .

Russia has been expanding its gold reserves at a record pace, according to information from the World Gold Council (WGC). Russian business newspaper Kommersant suggests this gold rush will give Russia guarantees against sanctions and economic and geopolitical risks . . . .