Beijing: Against the backdrop of repeated jolts received by the economy and the uncertainty in the trade war with the United States; China has increased its Gold purchases. The Chinese Central Bank has purchased Gold for the third successive month, taking the total official gold holdings to 1,874 Tonnes. This consistent purchase of gold by […]
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Caracas: Latin American states and Canada, countries which are the members of the Lima Group, have opined that it is necessary to have a change in the government in Venezuela, through political and diplomatic means. Also, to achieve that there is a need to build pressure on the Maduro government. Therefore, the Lima group has […]
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Washington/Caracas/Ankara: The Venezuela factor has added to the already reigning differences between the United States and Turkey over the Syrian conflict. Maduro government has decided to sell the gold reserves to Turkey following the economy hitting the rock-bottom. However, the United States has expressed strong discontent over this trade. At present, the Venezuelan economy has […]
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Washington: The rise in demand of gold from India as well as China and the world’s central banks’ gold buying spree would lead gold price to climb to a record level high $1, 425 per ounce over one year, predict senior officials of Goldman Sachs. The Gold rates are consistently on the rise over the […]
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New York/ London: Gold rates jumped to $1300 per ounce (31 grams), against the background of the meeting of the Federal Reserve, the Central Bank of the United States and the trade war between the United States and China. Gold rates jumped to $1300 per ounce (31 grams). The Gold rates spurted by 0.4% on […]
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Moscow/Washington: The chief of the Russian stock market has asserted that Russia can offer investment in the Russian Gold as an excellent alternative for those investing in the US dollar. Only a few days ago, it was reported that Russia had taken its Gold stocks to 2,100 tonnes valued at $87 billion in the foreign […]
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Moscow: Russia faced with sanctions from the United States and European countries, has performed a Golden Task in the last year. The Russian Gold reserves have reached a record 2,100 tonnes, and the valuation of this Gold reserve stands at a whopping $87 billion. Russia has reached the fifth place at the international level, surpassing […]
Read More »London: Riding on the reports of an impending recession in the world economy and the upheavals in the stock markets, Gold rates have jumped again. Gold crossed the six-month high last week and is predicted to cross the USD 1,300 mark in the next few days. The Gold Futures transactions have recorded a rate of […]
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Caracas/Moscow: The Venezuelan government trapped in an economic crisis has accepted a proposal from the Russian companies to explore and excavate Gold in the country. Only a few hours ago, the reports of the takeover of Venezuelan oil companies by Russian companies had surfaced. Meanwhile, it is claimed that Venezuela has Gold reserves of nearly […]
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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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