Precious Metals News
Displaying 1 to 10 of 55
-
15 Jun 2023
Janet Yellen: Anticipate a gradual decrease in the dominance of the US dollar
During a Housing Financial Services Committee, Treasury Secretary Janet Yellen addressed concerns about the decline of the US dollar's share of global reserves and the potential for de-dollarization. Yellen emphasized that while the dollar's share may gradually decrease, no viable alternatives could completely replace it.
(Read more) -
06 Oct 2021
Beyond Bretton Woods: When It Comes to Money, We Need a Common Discipline
(Read more)This is perhaps the most worrisome consequence of the demise of Bretton Woods — that countries were free to expand their budgetary spending.
-
02 Aug 2021
Gold Can Still Top $3,000 Amid Recovery, Says Quadriga Fund
(Read more)Gold is primed to surge to fresh highs as the risks around central banks unwinding massive stimulus are under-appreciated by investors, said a fund manager who forecast the metal’s ascent to a record last year. Diego Parrilla, who manages the $250 million Quadriga Igneo fund, said...
-
28 Jul 2021
Egypt signs 4 contracts with Barrick (2nd largest gold exploration company in world)
(Read more)[Egypt Today] The Egyptian Minister of Petroleum, Tarek El Molla, witnessed the signing of 4 contracts to search for gold between the Mineral Resources Authority and the Canadian Barrick Gold Corporation, which is the largest of its kind in the world in the production of gold and is ranked second in the world in the activity of searching for gold.
-
22 Jul 2021
Gold attracts young investors trading online, says The Royal Mint
(Read more)[BBC] The Mint, which is wholly owned by the Treasury, said young investors were attracted to its new digital platform for gold investment. The investments are backed by gold stored in The Royal Mint's vaults.
-
22 Jun 2021
Steve Forbes: Should you hold Gold and less Cash in 2021?
(Read more)[Forbes] With short-term interest rates almost nonexistent, holding cash is frustrating, especially with the possibility of inflation eating away at its purchasing power. This segment of What’s Ahead examines why you should consider moving some of your cash into gold.
-
01 Jun 2021
Gold could test new highs this year - One analyst shares his investing ideas
(Read more)[CNBC] Since the start of 2021, spot gold has gained about 0.66% — clawing back some gains after a March stumble that saw prices drop below USD$1,700 per ounce.
-
18 May 2021
Gold steadies near three-month high ahead of Fed minutes release
(Read more)[Bloomberg (Mining.com)] Gold has been recently buoyed by a resumption of inflows into bullion-backed exchange-traded funds, signalling a boost to investor sentiment and demand for havens amid a resurgence of coronavirus cases in some parts of Asia.
-
13 May 2021
Gold Set to Snap Best Rally in Four Months After Inflation Data
(Read more)[YF/Bloomberg] Gold had shrugged off that concern, rising to the highest in three months earlier this week after a report Friday showed a surprise slowdown in U.S. job growth, supporting the case for continued economic stimulus.
-
13 May 2021
Opinion: To all those who say bitcoin is the new gold: You haven’t lived long enough - MarketWatch
(Read more)[Marketwatch] For all those who would say that gold’s ancient reign is over, I’d say you haven’t lived long enough. And neither has bitcoin BTCUSD, -0.52%, a parvenu rival as an alternative currency.