The Iranian government will start excavation for Gold to break the shackles of the US sanctions

The Iranian government will start excavation for Gold to break the shackles of the US sanctions

Tehran: The Iranian economy is cornered because of the withdrawal of the European and Asian countries and companies from the trade and crude oil related cooperation, fearing US sanctions. Iran has decided to increase the share of Gold in the economy, to recover the economy, breaking the shackles. The government has ordered starting excavation of […]

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World Gold Council: Against the background of international instability gold demand increases by 42%

World Gold Council: Against the background of international instability gold demand increases by 42%

London: The Gold demand has increased against the backdrop of the trade war declared by US President Donald Trump against China, sanctions imposed on various countries in view of the Iran nuclear deal and the uncertainty created because of this. The World Gold Council which keeps track of the Gold transactions and trade at the […]

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China has ample of gold reserve to destroy US Dollar; claims Canadian financial expert and analyst

China has ample of gold reserve to destroy US Dollar; claims Canadian financial expert and analyst

Beijing/Washington: A Canadian financial expert and analyst has said that China will end the dominance of the US Dollar on the back of its gold reserve of 20000 tonnes. China’s economy is feeling the heat of the ongoing trade war with the US and therefore, China might take this aggressive step to defeat the US, […]

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China is secretly adding to its Gold reserves, claim analysts

China is secretly adding to its Gold reserves, claim analysts

Washington: While Russia, Turkey and the European countries are increasing their Gold reserves, the silence maintained by China about its Gold reserves seems to be suspicious, as per claims. Over the last two years, China has not declared the status of its Gold reserves.  At the same time, a Goldmine having the largest Gold reserves […]

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Russia makes record investments in Gold to counter US sanctions, purchases of more than 26 tonnes in July

Russia makes record investments in Gold to counter US sanctions, purchases of more than 26 tonnes in July

Moscow: Russia, who had alleged that the United States was using the US dollar like a weapon, is now preparing to use gold as a weapon. Russia has increased its investment in gold over the last few years and it has been revealed that it has purchased 130 tonnes in the first seven months of […]

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World Gold Council

The World Gold Council is the market development organisation for the gold industry. It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold.Wikipedia

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Gold reserves of the world are depleting, warns leading industrialists

Gold reserves of the world are depleting, warns leading industrialists

Cape Town: ‘Gold Reserves in the world are now depleting and there is no alternative available,’ warned Nick Holland, the CEO of Gold Fields, the Gold mining company from South Africa. The demand for gold is increasing because of the instability and uncertainty prevailing at the global level. In this scenario, the warning by Holland […]

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