Metals focus: palladium feels confident.
After the price of palladium reached its maximum mark of $ 1615 per ounce on March 21, 2019, its value began to be corrected. Within one week, the price dropped by $ 270 or 17%, before a support level of about $ 1,300 was formed.…Read More
100 tons of gold remains in Venezuela reserves.
Venezuelan authorities again took the gold from the reserves of the Central Bank of the country to keep the state economy afloat. This was reported by Reuters. But sooner or later, the “lifeline” in the form of gold will end. The crisis in Venezuela has…Read More
Qatar bought for reserves 9 tons of gold.
The World Gold Council (WGC) recently published data on the countries of the world that own gold in their international reserves. It follows from them that Qatar bought 9 tons of gold, increasing its gold reserves by 30%. WGC updated the rating for countries that…Read More
WPIC: platinum world mining.
The precious metal platinum is a very rare commodity. It can be mined in just a few places. Platinum is found in the earth three times less than gold. According to the World Platinum Council (WPIC), only 4 countries of the world produce it on…Read More
Gold imports to China in february 2019.
According to the data of the Business Recorder portal, in February 2019, net gold imports to mainland China through Hong Kong decreased by 13.6% compared with January. Economic problems in the country have a negative impact on the desire of consumers to buy gold. The…Read More