Russia’s Total Gold Reserves Top $100 Billion As Central Bank Adds Another 600K Ounces In June
(Kitco News) – Russia’s gold reserves topped the $100 billion mark in July as gold prices rose and the country’s central bank continued to buy the yellow metal, according to the central bank’s latest press release.
Mining Suppliers Feel Pressure To Merge
(Kitco News) – “Bigger customers look at suppliers who are relevant to them.”
Read moreStrong Greenback Dings Gold Bulls
(Kitco News) – Gold prices are modestly down in midday U.S. trading Monday, on some profit taking from the shorter-term futures traders and a normal pause and consolidation after prices last week hit a six-year high.
Read moreBrexit With Boris: Can Gold Soar On Renewed Turbulence?
(Kitco News) – Uncertainty around Brexit gave gold a strong boost back in 2016, but can the renewed pressure under the U.K.’s new prime minister bring the chaos back to the market in light of the looming October Brexit deadline?
Read moreGold Prices Push Above Unchanged As Traders Buy The Dip
(Kitco News) – The gold market has moved to daily highs in late-morning trading Tuesday, with modest gains, as traders stepped in to “buy the dip” on some early price weakness.
Read moreGold Edges Up As U.S. Existing Home Sales Disappoint
(Kitco News) – Gold prices edged up after U.S. existing homes sales missed expectations in June, according to the latest report from the National Association of Realtors (NAR).
Read moreTDS: Gold Range-Bound For Now; Silver To Hit $17 In 2019
(Kitco News) – Gold remains range-bound near six-year highs and may need weaker U.S. economic data to keep moving higher, but silver has “considerable” upside potential, said TD Securities.
$5 Million Worth of Gold Seized at Heathrow Airport
(Kitco News) – En route from the Cayman Islands to Switzerland, nearly 230 pounds of gold valued at approximately $5 million were discovered and seized by British authorities.
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