Gold – Page 3 – THE OVAL CIRCLE

Bullion back by popular demand – report

Posted on February 3, 2022February 3, 2022By Editor

The search for safe haven assets led to a rise in gold bar and coin purchases in 2021. … Read More >Bullion back by popular demand – report

Gold prices on the rise amid fears of worldwide inflation

Posted on October 24, 2021October 24, 2021By Editor

The price of gold this week exceeded $1,800 per ounce, trading data shows. While global investors assess the risks of high inflation, some experts say gold prices could soon double. … Read More >Gold prices on the rise amid fears of worldwide inflation

In Video: Millions In Cash & Gold Bars Allegedly Found In House Of Former Afghan’s VP Saleh

Posted on September 13, 2021September 13, 2021By Editor

Videos allegedly showing the Taliban militants, who found a large amount of cash in the house former Afghan Vice President Amrullah Saleh, are circulating in the media. … Read More >In Video: Millions In Cash & Gold Bars Allegedly Found In House Of Former Afghan’s VP Saleh

Russia’s foreign exchange reserves top all-time high, up by over $17 BILLION in August

Posted on September 8, 2021September 8, 2021By Editor

Russia’s gold and foreign currency holdings have risen to a record high of $618.1 billion as of September 1, according to data published by the country’s central bank. … Read More >Russia’s foreign exchange reserves top all-time high, up by over $17 BILLION in August

Kyrgyzstan arrests former Prime Minister on corruption charges linked to Canadian-run gold mine critics say is poisoning country

Posted on August 7, 2021August 7, 2021By Editor

Temir Sariev, the former prime minister of Kyrgyzstan, has been detained over allegations of corruption and understating the environmental risk coming from one of the world’s largest gold mines, which is built into a glacier. … Read More >Kyrgyzstan arrests former Prime Minister on corruption charges linked to Canadian-run gold mine critics say is poisoning country

Investment or imperialism? One of the world’s largest gold mines could’ve transformed Kyrgyzstan. Instead, it enriched Canadians

Posted on July 19, 2021July 19, 2021By Editor

Kyrgyzstan, Central Asia’s second poorest nation, is sitting on a pile of gold, quite literally. For years, the bulk of profits from the colossal Kumtor Mine have been sent abroad. Now, a new government is trying to change that. … Read More >Investment or imperialism? One of the world’s largest gold mines could’ve transformed Kyrgyzstan. Instead, it enriched Canadians

Russia’s largest gold mining company to boost output amid global production drop

Posted on June 29, 2021June 29, 2021By Editor

Russian gold mining company Polyus is planning to ramp up production over the next two years, as the overall global output of the precious metal has fallen during the Covid-19 pandemic. … Read More >Russia’s largest gold mining company to boost output amid global production drop

Russia’s current supply of gold deposits should last for next 40 years, minister says

Posted on June 6, 2021June 6, 2021By Editor

At the current pace of gold production Russia has enough unmined reserves of the precious metal for many decades to come, according to the head of the Ministry of Natural Resources, Alexander Kozlov. … Read More >Russia’s current supply of gold deposits should last for next 40 years, minister says

Weaker dollar & coronavirus surge boost gold’s safe-haven appeal

Posted on April 29, 2021April 29, 2021By Editor

Gold prices rose on Monday as the number of coronavirus cases globally continued to grow. Ahead of the Federal Reserve’s meeting, scheduled for his week, bullion was also given a boost, thanks to a weakened US dollar. … Read More >Weaker dollar & coronavirus surge boost gold’s safe-haven appeal

China’s back on gold-buying spree, opens borders to $8.5 BILLION worth of shiny metal – reports

Posted on April 20, 2021April 20, 2021By Editor

The world’s biggest gold consumer, China, has given domestic and international banks permission to import large amounts of gold into the country, Reuters reported, citing its sources. … Read More >China’s back on gold-buying spree, opens borders to $8.5 BILLION worth of shiny metal – reports