Latest figures for Chinese gold imports for September show another poor month – below those for August, but the likely Chinese shortfall is being counterbalanced by increases in the holdings of gold ETFs and a continued high level of central bank gold…
Latest Swiss gold import and export figures confirm huge change in trend away from Asia, but fall-off in Asian demand counterbalanced by big pickup in gold ETF holdings. Cautiously optimistic on gold price
Despite continuous headwinds the gold price keeps bouncing back and this morning moved comfortably back above the $1,500 mark yet again. With the U.S. Fed likely to cut interest rates by another 25 basis points next week, this time it might stay there.
Barrick Gold has announced a settlement in its long running dispute with the Tanzanian Government, no doubt helped by changes in the Barrick management structure and the Acacia minority shareholder buyout.
A new announcement from the Russian central bank noted another 400,000 troy ounce (12.44 tonne) rise in its gold reserves in September putting it on track to add a further 180-200 tonnes of gold to reserves in 2019
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IRAN, MALAYSIA, TURKEY and QATAR consider gold, barter trade to beat f..
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