BERLIN (Reuters) -A German man caught trying to smuggle over 90 million roubles’ ($982,500.00) worth of gold into Russia faces up to five years in prison, the local customs authority in Pskov said. Customs officials and FSB officers stopped the 58-year-old who was allegedly carrying 13 kilograms of gold bars in his motor home, the
With the price of gold surging, investors need to take a nuanced approach to the metal this September. Getty Images/iStockphoto The price of gold is hovering near yet another price record. After surging in value in 2024, gold is now priced at $2,515.17 per ounce, up significantly from the $2,063.73 per ounce it started at
Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. Burkina Faso has struck a deal to nationalise two gold mines for about $80mn that London-listed Endeavour Mining agreed last year to sell to Lilium Mining for more than $300mn. Lilium will transfer ownership of Boungou
The price of gold was trading at $2,510.18 per ounce as of 9 a.m. Eastern time today. That’s a -0.61% change from yesterday and an over +24.52% from a year ago. Gold price per ounce % Change Price of gold yesterday $2,525.58 -0.61% Price of gold 1 month ago $2,397.00 +4.51% Price of gold 1
August 27, 2024 8:15 AM EDT | Source: Bullion Gold Resources Corporation Montreal, Quebec–(Newsfile Corp. – August 27, 2024) – Bullion Gold Resources Corp. (TSXV: BGD) (“Bullion Gold” or the “Company”) announces new sampling results from its Bodo project. Despite the short work period completed in early summer on this project, the initial results
Gold miner Endeavour Mining said on Tuesday that it will receive $60.0m from Lilium Gold as part of a settlement agreement brokered by the government of Burkino Faso for the disposal of its Boungou and Wahgnion mines. Endeavour said the deal will see Lilium transfer the ownership of the Boungou and Wahgnion mines to the
Gold prices were little changed on Tuesday, but held above the $2,500 per-ounce psychological level on investor optimism for imminent U.S. rate cuts and lingering concerns about the Middle East conflict. Spot gold was nearly unchanged at $2,513.74 per ounce, as of 0722 GMT. Prices have risen more than 21% this year, hitting a record
A research report from Argonaut has highlighted the potential valuation upside of Perseus Mining Ltd (ASX:PRU, TSX:PRU, OTC:PMNXF) after the miner released its annual resource and reserve statement for its three operating West Africa assets — Edikan, Yaouré and Sissingue. After mining depletions during the 2024 financial year, the company has a reserve base totaling
Gold prices fell in India on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 6,766.61 Indian Rupees (INR) per gram, down compared with the INR 6,795.38 it cost on Monday. The price for Gold decreased to INR 78,923.83 per tola from INR 79,259.98 per tola a day earlier. Unit measure
Gold has long been considered a store of wealth, and the gold price often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs