Gold – Page 4 – THE OVAL CIRCLE

Russia could ditch dollar by lifting tax on gold purchases – economist

Posted on March 3, 2021March 3, 2021By Editor

The Russian government could achieve its goal of de-dollarizing the economy by taking one simple step: dropping the tax it currently charges its citizens for the purchase of physical gold, an economist has said. … Read More >Russia could ditch dollar by lifting tax on gold purchases – economist

Business

Russia ramps up gold production despite pandemic

Posted on January 26, 2021January 26, 2021By Editor

Gold mining companies of Russia’s Far Eastern Kamchatka Peninsula produced more than 6.8 tons of the yellow metal last year, which is an almost eight percent increase year-on-year. … Read More >Russia ramps up gold production despite pandemic

Business

Gold likely to be the money of the future, economist tells RT’s Keiser Report

Posted on January 15, 2021January 15, 2021By Editor

Max Keiser and Stacy Herbert explore what will happen when inflation hits “dangerous levels.” They talk with Alasdair Macleod of goldmoney.com about the US dollar, gold, and bitcoin. … Read More >Gold likely to be the money of the future, economist tells RT’s Keiser Report

Business

Russia’s foreign exchange reserves reach almost $600 BILLION

Posted on January 15, 2021January 15, 2021By Editor

Russian gold and foreign currency holdings have increased to a total of $597.4 billion as of January 8, according to the latest data released by the country’s central bank. … Read More >Russia’s foreign exchange reserves reach almost $600 BILLION

Business

How gold, silver and platinum are used in the battle against Covid-19

Posted on January 4, 2021January 4, 2021By Editor

As Covid-19 spread across the globe last spring, investors rushed to precious metals as a financial safe haven. Gold rose to over $2,000 by early August, up more than 30 percent from the start of the year. … Read More >How gold, silver and platinum are used in the battle against Covid-19

Business

Silver lining of the crisis: White metal outshines gold amid best decade for precious metals

Posted on January 2, 2021January 2, 2021By Editor

While the pandemic year brought the biggest gains in 10 years for both safe haven gold and its metal counterpart, silver, the latter has managed to outperform bullion in 2020. … Read More >Silver lining of the crisis: White metal outshines gold amid best decade for precious metals

Business

Gold rallies to 6-week high on US stimulus deal & Covid lockdowns

Posted on December 22, 2020December 22, 2020By Editor

The price of gold continued to rise on Monday, after the US Congress reached a long-sought coronavirus aid package agreement. Lockdowns in the UK have also boosted investor appetite towards the precious metal. … Read More >Gold rallies to 6-week high on US stimulus deal & Covid lockdowns

Russia

Former Ukrainian politician arrested in Moscow while allegedly trying to sell smuggled Iron Age gold for $2.3mn

Posted on November 21, 2020November 21, 2020By Editor

A former member of Odessa City Council has been arrested in Moscow on suspicion of selling smuggled items of historical value. The Ukrainian ex-politician is accused of trying to offload antiques for $2.3 million. … Read More >Former Ukrainian politician arrested in Moscow while allegedly trying to sell smuggled Iron Age gold for $2.3mn

Business

Gold will be WINNER no matter who clinches US election – hedge fund manager

Posted on November 5, 2020November 5, 2020By Editor

Regardless of who wins the US presidency, gold and gold miners are set to benefit anyway, said James Rasteh, Chief Investment Officer of Coast Capital in an interview with CNBC. … Read More >Gold will be WINNER no matter who clinches US election – hedge fund manager

Business

Gold will resume its 2020 rally once US election noise dies down – Royal Bank of Canada

Posted on November 3, 2020November 3, 2020By Editor

The ultimate safe haven, gold, will resume this year’s upward trajectory after the US elections, according to analysts at Royal Bank of Canada (RBC). … Read More >Gold will resume its 2020 rally once US election noise dies down – Royal Bank of Canada

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