Gold – Page 8 – THE OVAL CIRCLE

Britain bought a record amount of Russian gold last year, spending over $5 BILLION

Posted on February 28, 2020February 28, 2020By Editor

Sales of Russian gold abroad jumped eight-fold last year to $5.7 billion, with almost all of that volume purchased by the United Kingdom. … Read More >Britain bought a record amount of Russian gold last year, spending over $5 BILLION

AU yeah! Gold surges more than 2% hitting 7-year highs

Posted on February 24, 2020February 24, 2020By Editor

Investors are rushing to buy the safe haven yellow metal after rising fears over the spread of the coronavirus epidemic triggered panic sell-offs on Asian and European markets. … Read More >AU yeah! Gold surges more than 2% hitting 7-year highs

US dollar collapse will happen this year, gold fund manager tells RT’s Keiser Report

Posted on January 21, 2020January 21, 2020By Editor

Central banks have been buying massive amounts of gold over the last 50 years, purchasing a historic high of 374.1 tons in 2019. The unprecedented shift has been seen by many as a move away from the US dollar. … Read More >US dollar collapse will happen this year, gold fund manager tells RT’s Keiser Report

World’s super-rich are hoarding physical gold in secret bunkers

Posted on January 12, 2020January 12, 2020By Editor

The strategic case for owning gold remains strong, according to analysts at Goldman Sachs. They point to such factors as political uncertainty, recession fears and other worries among the global elite. … Read More >World’s super-rich are hoarding physical gold in secret bunkers

Oil rallies & gold hits 7-year high as tensions flare in the Middle East

Posted on January 6, 2020January 6, 2020By Editor

The escalating situation in the region following the assassination of a top Iranian military commander has given the yellow metal its highest rates in seven years, and raised oil to prices last seen in mid-2019. … Read More >Oil rallies & gold hits 7-year high as tensions flare in the Middle East

Bullion beats sanctions: Muslim states may switch to gold & barter trade

Posted on December 22, 2019December 22, 2019By Editor

Iran, Malaysia, Turkey and Qatar are looking into using gold and barter for trade to shield themselves from any future punitive economic measures, Malaysian Prime Minister Mahathir Mohamad has announced. … Read More >Bullion beats sanctions: Muslim states may switch to gold & barter trade

Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

Posted on December 6, 2019December 6, 2019By Editor

With stock prices consistently breaking new records, a normal reversal is bound to happen sooner or later. That could boost gold to a new all-time high, says Bloomberg Intelligence (BI). … Read More >Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust

Posted on November 12, 2019November 12, 2019By Editor

The real driver behind the rise of gold prices is the world’s central banks’ buying spree, says Peter Schiff of Euro Pacific Capital. … Read More >People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’ – Peter Schiff tells Boom Bust

World

Dozens killed & injured in attack on Canadian gold miner convoy in Burkina Faso

Posted on November 7, 2019November 7, 2019By Editor

A convoy of buses carrying employees and contractors of a Canadian gold mining firm and its military escort fell victim to an armed ambush in eastern Burkina Faso, leaving upwards of 37 dead and 60 injured, local authorities say. … Read More >Dozens killed & injured in attack on Canadian gold miner convoy in Burkina Faso

Russia, China & Turkey push global gold purchases to new highs

Posted on November 5, 2019November 5, 2019By Editor

Global bullion holdings continued to rise in the third quarter of this year, with net purchases up 12 percent compared to last year, according to World Gold Council (WGC) data. … Read More >Russia, China & Turkey push global gold purchases to new highs