Gold Price Hits New All-Time Record Above $4,560
NEW YORK, Dec. 26 (Agencies) – Gold surged to a fresh all-time high on Friday, with futures prices briefly topping $4,561.4 per troy ounce during trading on the New York…
Gold Prices Plummet as China Dumps Stockpiles, Reversing Record Highs
Shanghai, China (Agencies): In a dramatic shift, China has moved from aggressive gold buying to near-record liquidations, sending shockwaves through the global market. Just a week ago, Chinese demand pushed…
Global Central Banks Increase Gold Reserves Reducing Reliance on US Dollar
Washington, D.C. (Agencies): Global central banks are accelerating their shift toward gold, diversifying their reserves away from the US dollar. The share of gold in global reserves has risen significantly,…
Gold Reaches Historic High Amid Escalating Trade Tensions
New York (Agencies) – Gold prices soared to a record high on Thursday as investors, spooked by mounting concerns over a global trade war, sought safe-haven assets. The latest rally…
China Discovers Massive $83 Billion Gold Reserve in Hunan Province
Hunan, China (Agencies): A groundbreaking discovery in central China’s Hunan Province has unveiled a gold reserve estimated at over 1,000 metric tonnes, valued at approximately $83 billion. This significant find,…
Gold Expected to Reach New Highs in 2024 – Reuters
NEW YORK (Agencies): Industry experts predict that gold prices will continue to rally in 2024 due to ongoing uncertainty about the global economy, driving safe-haven demand for the precious metal,…