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
The largest gold mining company fined in Argentina.
Authorities in the Argentine province of San Juan fined Barrick Gold, the world’s largest gold mining company, for more than $ 9 million for leaking cyanide last year. A Canadian company was fined for breaking the rules after cyanide, used to extract precious metal, got…Read More
WGC analytics: central banks are betting on gold more.
The World Gold Council recently published data for February 2019 on the gold reserves of some countries. The total volume of gold of central banks increased over this period by 51 tons. For private investors, the publication of data on the gold of central banks…Read More