Global gold demand stays strong, supporting record-high prices.
The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238t, marking the strongest first quarter since 2016. Demand excluding OTC fell 5% to 1,102t in Q1 compared to the…Read More
Greatland Gold granted new exploration licence.
Greatland Gold plc has announced that it has been granted a new Exploration Licence E52/4342 covering 134 km2 as the inaugural tenement in the Mt Egerton Project in Victoria, Australia. New gold-copper exploration project established in the Gascoyne region, located 230 km north of the…Read More
The thinnest gold leaf as thick as only one atom.
Scientists have created the world’s thinnest gold leaf, which is just a single atom thick, dubbed “goldene”. To make goldene, the team employed a 100-year-old technique used by Japanese iron smiths to isolate single layers of the precious metal. Goldene is the latest 2D material…Read More
Fool’s gold.
Fool’s gold not completely worthless. There’s real gold inside. Scientists figure out how to squeeze real gold out of pyrite. Would you be tricked into thinking these shiny nuggets of pyrite were real gold. It turns out that fool’s gold may not be so useless…Read More
Gold prices can scale even greater heights in 2024.
Economic downturns, persistent inflation, heightened geopolitical risks and accelerated climate warnings being among the most impactful-it is no surprise that gold enjoyed one of its most bullish years in recent times. Long considered a safe-haven asset during times of heightened uncertainty and volatility, the yellow…Read More