This article first appeared on GuruFocus. Gold's explosive rally past $4,000 an ounce has given Beijing a rare tailwind in its long-running effort to reduce reliance on the US dollar. After years of ...
Billionaire Ray Dalio said that gold is “certainly” more of a safe haven than the US dollar and the metal’s record-setting rally echoes the 1970s, when it surged during a time of high inflation and ...
Chinese investors sitting on 150 billion yuan (US$21 billion) worth of gold exchange-traded funds (ETFs) are likely to enjoy an extended run of a world-beating rally in the metal’s price amid robust ...
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China to Weaponize Gold in 2023
Is China secretly buying gold to challenge the US dollar's dominance? Uncover the potential impact on the stock market and your investments. House Democrat who confronted Johnson: Trump ‘incoherent’ ...
Here are some interesting questions for gold bugs of the world to ask themselves: Can there be quarterly window dressing in the gold market? Would a US government shutdown be bullish or bearish for ...
HONG KONG: Shares in China's Zijin Gold International surged more than 60 per cent on its debut in Hong Kong on Tuesday (Sep 30) after raising more than US$3 billion in one of the world's biggest ...
The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights ...
Physical gold demand in China weakened further this week, with discounts hitting multi-year lows, while steady buying persisted in other major Asian hubs despite the high prices in anticipation of ...
Gold futures tallied their 37th record close of the year on Tuesday. China reportedly has plans to invite some countries to buy physical gold and store it within its borders, in the country's latest ...
China aims to become custodian of foreign sovereign gold reserves in a bid to strengthen its standing in the global bullion market, according to people familiar with the matter. The People’s Bank of ...
Yoweri Museveni likes to profile himself as Africa’s biggest proponent of value addition. According to the Ugandan president, in power 39 years, Africa has for decades allowed itself to be “robbed” by ...
LONDON – Gold exports from Switzerland to China jumped 254% in August compared with July to their highest level since May 2024 and supplies to India rose, partly offsetting a slump in deliveries to ...
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