Tag Archives: gold

Iraq maintained the 30th ranking in the list of the countries with the largest gold reserves, the monthly report of the World Gold Council said. The Central Bank of Iraq bought 34 tonnes of gold in June in a bid to help stabilize the exchange rate of the Iraqi dinar …

Britain’s highest court was this week set to consider who the UK government recognizes as president in economically crippled Venezuela in a case that could determine the fate of gold worth $1.0 billion. A UK legal battle lasting more than a year has ended up at the Supreme Court in …

Considered a ‘safe haven’ during crises, the yellow metal is being stockpiled by central banks around the world, adding 650 tonnes to their reserves in the last year. In times of uncertainty, gold has long been touted as a ‘safe haven’ – and never more so than during times of …

Asian stocks extended their winning streak for the ninth consecutive session on Tuesday and oil prices rose as the lifting of coronavirus lockdowns in many countries fed investor hopes of a relatively quick global economic recovery. European markets were set to follow that lead with pan-European Euro Stoxx 50 futures …

Gold prices continued higher on Thursday with the spread of coronavirus still capping risk appetite in the Asia Pacific region and across the world. The US Federal Reserve left its monetary policy settings on hold on Wednesday but acknowledged the disease as a new risk. Anything likely to deter the …

The Cascabel project, operated by Australia’s Solgold, is currently in its advanced exploration phase; it is one of Ecuador’s most ambitious mining projects, with the state hoping it will spur its economy. One of the world’s largest deposits of gold, copper, and silver has been discovered in Ecuador in the …