In 2023, the price of gold rose 15% to $2,078 per ounce, which is the highest annual close on record, according to the World Gold Council. This was driven by higher demand for gold from emerging markets and central banks, as well as geopolitical risks and higher in...
By Michael Mackenzie and Liz Capo McCormick – Bloomberg At $2 Million Per Minute, Treasuries Mint […] Read more May 4, 2024 What’s really driving the gold price surge? – Richard Mills 2024.05.03 As of May 1, spot gold was at $2,319 an ounce. The […] Read more May 4, 2024...
Digital precious metal markets provide many advantages. Including improved transparency and efficiency, which benefits buyers and sellers alike. For example,transparency:investors can access real-time data such as prices, trends and trading volumes. Plus,efficiency:orders are carried out fast, reducing t...
Gold prices are on the brink of hitting new record highs, with Morgan Stanley forecasting a surge above $2,600 per ounce by the fourth quarter of 2024. This bullish outlook comes as gold has already risen 50% from its 2022 lows and 25% since mid-February, positioning the precious metal ...
South Africa, once the world’s top miner of the yellow metal, has seen production retreat 19 percent from a year earlier, for the biggest plunge since 2015. U.S. producer prices, as measured by the producer price index (PPI), rose by more than forecast in October to 2.9 percent ...
• offers secure storage for precious metal products; • provides our customers a platform of turn-key logistics services; • provides a variety of custom fabricated gold and silver bullion and other specialty products through sovereign and private mint suppliers and its mint operations; and ...
already issued, Getchell is priced at $7.21 per ounce of gold (Kitco uses $40/ounce as the benchmark). Therein lies the opportunity for value-driven gold bulls. This transaction is reminiscent of the late '70s, when I was shown a little silver company that had a small resource in the ...