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Homegold

gold

gold
Finance

News Bites Billionaire John Paulson: central banks are replacing dollars with gold, you are better off investing in precious metal than USD

February 20, 2023 Mariel Alumit

(Kitco News) Gold will increase in value while the U.S. dollar drops, said Paulson & Co. founder John A. Paulson. And that is the hedge fund manager’s outlook for this year, the next three years, and […]

Commodities

Gold’s Imminent Return As Money – and Oil moves away from the U.S. Dollar

February 18, 2023 Mariel Alumit

Authored by Alasdair Macleod via GoldMoney.com, The consequences of Russia and her Asian allies embracing gold backing for their currencies are poorly understood in western capital markets. This move could lead to the destruction of […]

Gold
Finance

Gold price continues slide after strong US retail, inflation data

February 15, 2023 Mariel Alumit

Gold prices slid to more than a one-month low on Wednesday, weighed down by a stronger dollar as better-than-expected US economic data raised worries that the Federal Reserve could hike interest rates further. Spot gold […]

Chinese
Finance

Chinese Gold Imports Hit Highest Level Since 2018

February 15, 2023 Mariel Alumit

Via SchiffGold.com, China imported 1,343 tons of gold in 2022, the highest import level since 2018. Total gold imports for the year were up 64% over 2021. China ranks as the world’s biggest gold consumer. […]

Rare Earth Minerals

ATAC board rebuffs Victoria Gold takeover bid

February 14, 2023 Mariel Alumit

​ The Toronto-quoted equity of explorer ATAC Resources (TSXV: ATC) jumped about 38.5% on Monday following the weekend announcement by Victoria Gold (TSX: VGCX) of a takeover bid at an 85% premium. While the all-scrip […]

Karora
Alternative Investments

Karora grows gold resources at Beta Hunt mine in Australia

February 13, 2023 Mariel Alumit

​Karora Resources (TSX: KRR) announced on Monday a significant increase in gold resources at its flagship Beta Hunt mine. The updated measured and indicated resource totalled 1.35 million gold ounces (16.9 million tonnes grading 2.5 […]

Rare Earth Minerals

Gold price slips with spotlight on US inflation data

February 13, 2023 Mariel Alumit

​Gold prices slipped on Monday due to upticks in both the US dollar and bond yields, with the spotlight on January’s consumer price index data which could steer the Federal Reserve’s rate hike strategy. Spot […]

bank
Finance

2022 was record year for central bank gold buying, WGC confirms

February 8, 2023 Mariel Alumit

​ Two years on from dropping to its lowest level in a decade, central bank demand for gold has rebounded strongly, with net purchases rising by 1,136 tonnes valued at some $70 billion in 2022, […]

gold
Rare Earth Minerals

Scientists search for dark matter in the depths of an abandoned gold mine

February 7, 2023 Mariel Alumit

​An interdisciplinary team of researchers is working to lure a hypothesized particle from outer space to the Sanford Underground Research Facility, housed in a former gold mine that operated at the height of the 1870s […]

Colombia
Alternative Investments

Colombian president reiterates negative to allow gold mining in the Andes mountains

February 4, 2023 Mariel Alumit

​During a meeting with páramo communities in the north-central Santander department, Colombian President Gustavo Petro reiterated his negative to allowing large-scale gold mining in the Páramo de Santurbán, a protected area of the Andes mountains. […]

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