Gold demand hits record levels as central banks buy at 'eye-watering' pace
"Central banks continued to hoover up gold at an eye-watering pace" in 2024, according to a report by the World Gold Council, as purchases accelerated sharply in the fourth quarter. Total demand last year reached a new high of 4,974 tonnes.
Further, US-based investors are worried that the President might impose tariffs on imports of the precious metal as well, ...
The yellow metal is trading just below $2,900 an ounce. Miner stocks are rallying too. Geopolitical turmoil is boosting gold.
Gold prices regained an all-time high on Tuesday, driven by investors seeking the safe-haven asset after China retaliated ...
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Strategists at UBS on Thursday raised their 12-month forecast for the precious metal to $3,000 an ounce, from their long-held forecast of $2,850, noting that gold's rise to all-time highs this week ...
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
Gold prices hit an all-time high on Monday, bolstered by safe-haven inflows after U.S. President Donald Trump's tariffs on ...
Trade conflict resulting from US tariffs may weigh on growth. TD Asset Management's Hussein Allidina discusses how increased ...
Tariff worries have led to premiums in the New York market and weeks-long queues to withdraw metal from the BOE.
Good morning. Gold is trading at a steep discount in London. Tensions are building at Amazon over Andy Jassy’s cost-cutting ...
Gold strengthened on Tuesday to touch an all-time intraday high of $2,877.10 an ounce on Comex, with prices driven higher as ...
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