Record-high gold prices are fuelling a surge in mining in Sudan, unlocking a crucial source of revenue for the country’s warring parties and allowing them to finance the conflict. The country’s gold mining industry last year reached its highest output in six years, with swelling numbers of artisanal miners and readily available imported mining chemicals
The WNBA filed trademarks for the name “Portland Fire” and a stylized “P” logo earlier this week, potentially indicating that the league’s 15th franchise will revive the Fire name from the team that existed from 2000-02. The league’s expansion to Portland was announced in September 2024, and the team will begin play in 2026 alongside
Centre restricts import of certain precious metal alloys containing goldIANS Addressing the need of the domestic industry without disruption for actual use, the Directorate General of Foreign Trade (DGFT) has restricted import of alloys of Palladium, Rhodium, and Iridium containing more than 1 per cent gold by weight. This measure expands upon the existing restriction
On June 15, JPMorgan JPM filed a trademark application for “JPMD” with the United States Patent and Trademark Office (USPTO), suggesting potential plans related to digital currency. This move indicates a rising interest in stablecoins, a form of cryptocurrency designed to maintain its value pegged to the U.S. dollar. The application describes “JPMD” as a
Meanwhile, Platinum ETFs and institutional positioning have surged, with investment demand forecast to hit 688,000 ounces in 2025. Analysts at TD Securities warn that ETF accumulation is now draining the free float – setting up the potential for tightening liquidity and a short-squeeze. Platinum’s Supply Crisis Is Accelerating The bullish setup doesn’t stop at demand.
Last Updated:June 20, 2025, 16:44 IST Silver ETFs in India rose 125% in AUM by May 2024, compared to gold’s 19.4%. Experts suggest diversifying with both metals Silver ETFs in India rose 125% in AUM by May 2024. For decades, gold has reigned supreme in the precious metal investment landscape. But a quiet shift is
HM Revenue and Customs (HMRC) is asking parents to check if they qualify for a “cash boost” through Child Benefit. Child Benefit can give extra support for many parents, offering additional income to cover various expenses related to childcare. It’s available to anyone responsible for a child under 16, or under 20 if in approved
Max Layton, global commodities head for Citi Research, joins BNN Bloomberg to discuss the outlook for gold. Gold’s rally may be over, according to a commodities expert who predicts prices to drop substantially late next year to well under US$3,000 an ounce. Max Layton, global commodities head at CITI Research, predicts gold will trade at
Silver price recovers sharply to near $36.00 after attracting bids around the 20-day EMA. The White House clarified that the US has no plans to strike Iran immediately. The Fed warned of upside inflation risks under the Trump’s leadership. Silver price (XAG/USD) claws back half of its early losses and rebounds to near $36.10 during
A Skorpion sub-machine gun was part of a haul of drugs, guns and cash seized in raids on Merseyside. Detectives found ketamine and cannabis, along with more than £86,000 in cash and two self-loading pistols after an investigation running for more than two years targeted organised crime in north Liverpool, Merseyside Police said. Det Insp