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Gold set up for ‘tsunami’ of sales once economies reopen
A “tsunami” of secondary gold supply is ready to hit the market once global economies get back to normal, Jeffrey Rhodes, principal consultant of RAK Gold, told a webinar on
A “tsunami” of secondary gold supply is ready to hit the market once global economies get back to normal, Jeffrey Rhodes, principal consultant of RAK Gold, told a webinar on
In times of uncertainty, economic and otherwise, gold is considered a safe haven investment, a fact which is further being corroborated by the current movement of gold prices and demand
Gold prices could “break the highs” seen earlier this year, after declining in March along with assets across the board, according to UBS Investment Bank’s Joni Teves. “There is growing potential
Gold has been holding onto some of its gains and now faces a big test – the Federal Reserve’s rate decision. Can the precious metal continue higher? The technical positioning
Goldplat plc (LON:GDP), the AIM listed gold producer, with international gold recovery operations located in South Africa and Ghana and an underground mining operation in Kenya, has today announced an operational update for the third quarter ended 31 March 2020. Goldplat Recovery (Pty) Limited
Gold futures climbed Wednesday, with earlier weakness in the U.S. dollar, a rebound in oil prices and ongoing worries about the global economy combining to lift prices for the precious metal
Bullion counters edged higher in Tuesday’s morning trade as fast rising Covid-19 cases in India despite strict lockdown measures increased worries of investors. leading to a rush towards safe haven
The US dollar was soft on Monday and with the uncertainty pertaining to COVID-19, gold was able to leap through prior resistance, supported in the $1,680 and then moving through the low $1,700s. The
Gold jumped 1.5% to a more than three-week high on Monday as worries over a global economic slowdown caused by the coronavirus pandemic drove investors to the safe-haven metal. Spot
On MCX, gold futures rose 1.3 percent on Friday to Rs 43,799 per 10 grams as the Indian rupee weakened. Silver futures were up by 3 percent to Rs 41,075