China’s Gold Bar Demand Up More Than 40% This Year
China continues to surprise this year, with gold consumption jumping 15.49% during the first three quarters of 2017, according to the latest national data released on Wednesday.
Read moreFavorite To Be Next Fed Chair Has ‘Nothing Against’ Bitcoin
Federal Reserve Governor Jerome Powell, currently the favorite to be the next Fed chair, is not against bitcoin per se but is wary of a central bank-issued digital currency.
Read moreGold, Silver Prices Rise; FOMC A Non-Event
Gold and silver prices ended the U.S. day session higher Wednesday, with silver scoring solid gains.
Read moreGold Holds Gains As Fed Acknowledged Soft Inflation
(Kitco News) – Gold prices remain unchanged on the day as the Federal Reserve leaves interest rates unchanged, remaining optimistic on the U.S. economy.
Read moreFake Gold Bar Did Not Come From RCM
(Kitco News) – The Royal Canadian Mint has described the sale of a counterfeit one-ounce bar as an isolated incident, but bullion dealers say the problem is more widespread than officials want to believe.
Read moreGold Pushes Higher in Late-Morning Action
Gold prices are holding good gains in late-morning trading Wednesday.
Read moreGold Holding Steady, Ignores Drop In ISM Manufacturing Data
(Kitco News) – Gold is holding on to its modest gains Wednesday after the Institute for Supply Management said that its headline manufacturing index fell to a reading of to 58.7% in October.
Read moreMetals Focus: Central Banks To Remain Net Gold Buyers Despite Venezuela
Metals Focus says central banks collectively are likely to remain net buyers of gold despite reports that Venezuela let $1.7 billion of gold swaps with Deutsche Bank lapse during October.
Read moreCenterra Posts 3Q Net Loss After Kyrgyz settlement
Centerra Gold Inc. (TSX: CG) lists a net loss during the third quarter after a one-time charge for a settlement with the Kyrgyz Republic.
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