As India approaches its vibrant festive season, the focus intensifies on precious metals, particularly gold and silver. These metals have long been intertwined with Indian culture and tradition, especially during significant festivals like Diwali, Dhanteras, and Navratri. The purchase of gold and silver during these times is not merely a financial transaction; it embodies deep-rooted
In his recent interview with David Lin, Rick Rule, a seasoned investment strategist and commodities investor, shared his deep concerns about the Federal Reserve’s ability to manage the delicate balance between supporting economic growth and controlling inflation. He noted that while recent inflation readings have shown some moderation, he remains deeply concerned about the broader
In this presentation, Jeffrey Christian of CPM Group discusses the relationship between central banks and their gold reserves. He reviews the historical context of central banks’ gold accumulation, from the post-World War II era to the present day, and discusses the shifting roles of gold as a monetary asset. Jeff explains why gold, despite losing
August 23, 2024 8:30 PM EDT | Source: Renegade Gold Inc. Vancouver, British Columbia–(Newsfile Corp. – August 23, 2024) – Renegade Gold Inc. (TSXV: RAGE) (OTCQX: TGLDF) (FSE: 070) (“Renegade” or the “Company“) announces that it has entered into a Digital Marketing Services Agreement (the “Agreement“) with Winning Media LLC (“Winning Media“), to provide
Gold prices jump over 1% after Fed Chair Powell hints at upcoming rate cuts, expressing confidence in inflation nearing the 2% target. The US Dollar Index (DXY) falls 0.82% to 100.68, as Powell’s remarks push traders to bet on a 50 bps rate cut in September. US 10-year Treasury yields drop five basis points to
Value of gold bar reaches $1M for 1st time A bar of gold is now worth $1 million. Fox – LA The price of gold hit an all-time high this week, driving the price of a standard gold bar up to $1 million for the first time ever. A typical gold bar as we think
Ximen Mining owns 100% interest in three precious metal projects in southern BC. Credit: Roman Bodnarchuk/Shutterstock. Ximen Mining has started its 2024 drilling programme at the Brett epithermal gold project near Vernon, British Columbia (BC), Canada. The company has completed the mobilisation of crews and equipment, including a diamond drill and support machinery, to the
Gold prices hovered near a record high on Thursday, fueled by anticipation of a potential interest rate cut by the Federal Reserve in September. This follows recent developments that have bolstered expectations of monetary easing. During the Federal Reserve’s July 30-31 meeting, several officials considered the possibility of cutting interest rates, though the central bank
Gold prices rose in United Arab Emirates on Friday, according to data compiled by FXStreet. The price for Gold stood at 293.90 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 293.42 it cost on Thursday. The price for Gold increased to AED 3,428.03 per tola from AED 3,422.43 per tola a
Pune: Two people allegedly conned a 72-year-old woman in Wakad and stole her gold jewellery worth Rs1.3 lakh on the pretext of helping her get free ration and money being distributed by a godman.The incident occurred around 11.30am when the woman deboarded a PMPML bus at Kalewadi Phata and was walking to her home in