Net exports of gold from the United States in January 2019 doubled. At the end of 2018, total exports of American gold to other countries amounted to 474 tons.
According to the US Geological Survey (USGS), in January of this Continue reading →
American investment bank Bank of America Merrill Lynch (BoAML) recently published a review in which he analyzed the current role of the US dollar and gold in the global economy.
The bank’s survey says that the US dollar still remains Continue reading →
At the end of February of the current 2019, gold production in South Africa again showed a decline of -20%. Thus, it was already 17 months in a row, when the mining companies of South Africa were able to extract Continue reading →
US investment bank Morgan Stanley has published an updated gold outlook, taking into account recent news from the US Federal Reserve. Analysts of the bank took a neutral position regarding the prospects for the yellow precious metal.
American financial company INTL FCStone, which provides consulting services to investors around the world, bought the German company CoinInvest GmbH with headquarters in Frankfurt am Main. Thus, the Americans decided to expand their direction in precious metals.
US authorities have frozen assets of the Venezuelan company Minerven, which are located in the States. This company is engaged in mining and processing of gold. She is accused of supporting the Maduro regime.
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 Continue reading →
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. Continue reading →
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 Continue reading →
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 Continue reading →