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Homegold

gold

Gold
Finance

China is dumping US treasuries and buying Gold

April 24, 2024 Mariel Alumit

As the Chinese accumulate more and more gold, they’re dumping U.S. Treasuries. That raises an important question: who is going to keep funding the federal government’s borrowing spree? China offloaded another $22.7 billion in U.S. Treasuries […]

gold
Finance

A great wealth transfer is underway: How the West lost control of the gold market

April 5, 2024 Mariel Alumit

Pricing power in a market long dominated by Western institutional money is moving East and the implications are profound The gold price has risen to a series of new all-time highs of late, a development […]

Gold price
Finance

Gold price closes in on $2,200/oz after US jobs data

March 8, 2024 Stu Turley

  Gold extended its rally to a new record high and is now closing in on the $2,200/ounce level after a key US jobs report bolstered expectations that the Federal Reserve will soon cut interest […]

Gold
Rare Earth Minerals

Gold price continues ascent to new highs, nears $2,150/oz

March 6, 2024 Mariel Alumit

  Gold continued its record-setting rally on Wednesday after the US Federal Reserve reiterated the possibility of an interest rate cut some time this year. Spot gold rose another 1.0% to a fresh high of […]

Royal Canadian Mint
Rare Earth Minerals

New technology traces Royal Canadian Mint’s gold supply chain from mine to vault

March 5, 2024 Stu Turley

  As a London Good Delivery refiner dedicated to continually improving the accountability and transparency of its precious metal sourcing, the Royal Canadian Mint has implemented a distributed ledger technology (DLT) solution that now makes […]

Gold price
Rare Earth Minerals

Gold price sets new record on Fed pivot, geopolitical risks

March 5, 2024 Stu Turley

  Gold prices have now set a new an all-time high after speculation over a Federal Reserve pivot and geopolitical risks underpinned a rally in the precious metal. On Tuesday, spot gold rose as much […]

Gold price
Finance

Gold price hits two-month high as momentum builds for Fed rate cut

March 1, 2024 Mariel Alumit

  Gold prices rose by nearly 1.5% to a two-month high on Friday as disappointing US factory data and a drop in consumer sentiment reinforced bets on the possibility of interest rate cuts later in […]

gold
Finance

Central-bank buying spree driving demand for gold – report

February 3, 2024 Mariel Alumit

  Net purchases in 2023 almost matched the previous year’s record, the World Gold Council has said Total gold demand hit the highest level on record last year of 4,899 tons amid global uncertainty and […]

U.S
Finance

Wall Street has discovered what’s really driving U.S. stocks higher in 2023. The explanation isn’t as simple as one might expect.

December 14, 2023 Mariel Alumit

As the year draws to a close, stock-market professionals can recite a litany of explanations for why the U.S. market has marched higher this year. But a group of Wall Street strategists believe chalking up […]

Gold
Finance

Gold price hits $2,100 for record high — and analysts don’t expect it to stop there

December 4, 2023 Mariel Alumit

Gold prices notched another record to kick off the week — with spot prices touching $2,100 an ounce as the global rush for bullion appears set to continue. Spot gold briefly traded above $2,100 an ounce on Sunday […]

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