Asia Gold-Lower prices, festive demand boost purchases in India, Singapore
Gold demand was robust in India and Singapore this week as a correction in prices ahead of a key gold-buying festival boosted purchases even as major centres like China and Japan were closed for...
Why US dollar strength is long-term catalyst for gold
As we know, gold and the US dollar have an inverse relationship. Gold is priced in US dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods...
Premier Gold shares jump on high-grade discovery in Nevada
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.
In...
World’s central banks want more gold as India joins spree
India’s central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide bullion demand as top economies diversify their...
Gold steadies near 4-month low as dollar gains in wake of US data
Gold prices steadied on Monday after falling to a near four-month low in the previous session, with the dollar gaining in the wake of indications that US economic growth picked up in the first...
How central bank gold buying is undermining the dollar
Ahead of the Herd has been digging into why central banks are buying a lot of gold recently. What we’ve found is eyebrow-raising, to say the least. It may be the best reason you’ve...
Precious-Gold slips to 1-week low as global slowdown fears ease
Gold prices fell to a more than one-week low on Monday, as stronger-than-expected data from China and a robust start to the U.S. earnings season soothed concerns about a global economic slowdown, denting the...
Gold-bull breakout potential
Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A...
Rural gold demand likely to rise this Akshaya Tritiya
Gold sales in India’s villages might climb this Akshaya Tritiya as targeted farm welfare programmes are expected to help enhance discretionary spending on the precious metal, traditionally the preferred store of value in the...
Best argument for gold standard is Trump himself
With President Donald Trump’s apparent plans to nominate Stephen Moore and Herman Cain to the Federal Reserve Board, attention has turned once again to the gold standard, a policy option once advocated by both...
Related articles
Tiffany & Co. Acquires Titanic Hero’s Pocket Watch for Record $1.97 Million
Tiffany & Co. has added a piece of history to its collection with the acquisition of a rare 18k gold pocket watch tied to...
Lucara Unveils the Name of the World’s Second Largest Diamond
Lucara Diamond Corporation has officially named its extraordinary 2,488-carat diamond, discovered in August at the Karowe mine in Botswana. The gem, now known as...
Jackie Kennedy’s Iconic Brooch Surpasses Auction Expectations
A brooch famously worn by Jacqueline Kennedy during her tenure as First Lady has fetched more than twice its estimated value at Hindman’s inaugural...
Gold Set for Record Performance in 2024, Outlook Modest for 2025: WGC
The World Gold Council’s (WGC’s) latest report, Gold Outlook 2025, forecasts a nuanced year for gold, following its best annual performance in over a...
Indian Farmer’s Diamond Sells for $111,000 at Auction
A stunning 19.22-carat diamond, discovered by a part-time miner in India’s Panna district, recently sold for an impressive $111,000 (Rs. 93,79,360) during a organized...