News Articles

Silver price drops vertically to near $22.40 after upbeat US Durable Goods Orders data.... Sagar Dua

The story of silver shortage is an old one now, it can be traced back at least to 1998, when analysts started to claim that silver would enter a state of permanent shortage. Surprise, surprise – it didn’t happen.... GoldPriceForecast

My estimation of global official gold reserves hit 38,764 tonnes in Q2 2023, breaking its previous record from 1965.... Jan Nieuwenhuijs

Silver price turns sideways after a vertical upside move to near crucial resistance of $23.70 in the early New York session.... Sagar Dua

The country’s bullion stockpile has continued to grow over the past year, Izvestia reports... Sun Online Desk

Gold rose Wednesday after the U.S. Federal Reserve held interest rates unchanged but struck a hawkish stance for future policy.... Reuters

The gold market has given back some of Wednesday's gains and prices are testing initial support around $1,950 an ounce after Federal Reserve Chair Jerome Powell said the Federal Reserve is prepared to hold interest rates at an elevated level for longer than expected to get inflation back down to its 2% level.... Neil Christensen

The latest data from the International Monetary Fund’s (IMF) International Financial Statistics (IFS) report showed that Russia’s central bank increased their gold reserves in August, and they have now returned to the level they were at the beginning of 2023.... Ernest Hoffman

Switzerland is the world's biggest bullion refining and transit hub, while China and India are the largest consumer markets with local demand sensitive to high prices and time of the season.... Reuters

Gold prices gained on Monday, helped by a slight pullback in the dollar as investors awaited a series of key central bank policy meetings this week... Reuters