Gold – Page 5 – THE OVAL CIRCLE

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

Business

It’s time to buy emerging markets & gold, says legendary investor Mark Mobius

Posted on November 1, 2020November 1, 2020By Editor

While the global economy is trying to stay afloat amid the Covid-19 pandemic, investors should look to emerging markets like Russia and India, as well as at physical gold. That’s the advice from veteran investor Mark Mobius. … Read More >It’s time to buy emerging markets & gold, says legendary investor Mark Mobius

Business

Russia to open WORLD’S LARGEST gold mine in Siberia

Posted on October 26, 2020October 26, 2020By Editor

Russia’s largest gold miner Polyus said it is working on securing 100 percent ownership of the Sukhoi Log gold deposit in Siberia, which has estimated reserves of 540 million tons of ore, containing 40 million troy ounces of gold. … Read More >Russia to open WORLD’S LARGEST gold mine in Siberia

Latin America

Guaido’s Bank Board Fails to Pay for Appeal Costs in Venezuelan Gold Case, Lawyer Firm Says

Posted on October 23, 2020October 23, 2020By Editor

“The Guaido Board has failed to do so, placing them in breach of the English Court of Appeal Order”, the Zaiwalla & Co legal firm said in a statement sent to Sputnik. … Read More >Guaido’s Bank Board Fails to Pay for Appeal Costs in Venezuelan Gold Case, Lawyer Firm Says

Business

World may be running out of gold with mine production in decline

Posted on September 24, 2020September 24, 2020By Editor

While uncertainty created by the global pandemic has sparked a surge in gold buying, analysts are raising concerns over how much of the precious metal is left to mine. … Read More >World may be running out of gold with mine production in decline

Business

UBS ‘very bullish’ on gold as bank expects bullion price to surge higher

Posted on September 19, 2020September 19, 2020By Editor

The price of safe haven gold, which has soared nearly 30 percent this year, could rise further and remain high as global uncertainties persist, according to Swiss investment bank UBS. … Read More >UBS ‘very bullish’ on gold as bank expects bullion price to surge higher

M	T	W	T	F	S	S
				1	2	3
4	5	6	7	8	9	10
11	12	13	14	15	16	17
18	19	20	21	22	23	24
25	26	27	28	29	30