Three key sectors of global silver demand – industrial, jewelry and silverware – are significant drivers for annual silver consumption and accounted for nearly three-quarters of the world’s demand for silver in 2022.... Michael DiRienzo
Asia’s legendary appetite for gold is intact in the run-up to peak festival and wedding season, despite soaring prices due to the Israel-Gaza war.... Biman Mukherji
Gold and silver prices are higher in early U.S. trading Friday, boosted by a downbeat U.S. economic report that should assuage Federal Reserve Board members who are worried about a U.S. economy that is running too hot.... Jim Wyckoff
Foreign Secretary announces 29 new UK sanctions targeting individuals and entities operating in and supporting Russia's gold, oil and strategic sectors.... Foreign, Commonwealth & Development Office, National Crime Agency, and The Rt Hon James Cleverly MP
Despite China being the largest producer of gold in the world, its central bank has been at the forefront of a surge in purchases of the precious metal on the international market as it seeks to reduce its reliance on the dollar.... Aleks Phillips
It’s hard not to like gold in an environment of heightened geopolitical tension, soaring government budget deficits and elevated mining costs, potentially limiting supply from marginal producers.... David Scutt
Gold surged above $2,000 an ounce for the first time since May as concerns over conflict in the Middle East outweigh the impact of the recent jump in bond yields. . . .Bloomberg News
Gold prices firmed in Asian trade on Thursday, with futures testing key levels as demand for traditional safe havens helped the yellow metal largely disregard a resurgence in the dollar and yields. . . .Ambar Warrick