Platinum has returned as a precious metals star, delivery fat profits as investors rotate funds out of gold, the sector leader. Platinum’s sister metal palladium is also rising strongly. Both platinum and palladium seem likely to continue outperforming as a decade of oversupply gives way to signs of a shortage developing. A miner handles a
The government and all political parties in South Africa are uniting in opposition to Donald Trump after the American president announced a freeze on aid to the country. He accuses Pretoria of mistreating its white minority following the introduction of a recent law on the expropriation of land. South Africa’s president has condemned the move
Gold stocks getty Gold’s been hitting new highs and a few gold and silver stocks have been running up to higher highs along with it. It’s hard to say with certainty what the reason is. Inflation concerns are the first thing that come to the mind of an analyst. Or, considering the strangeness in Washington,
Facing an economic crisis and consequently fewer US dollars and other hard currencies, Egypt floated a three-year sustainability panda bond worth 3.5 billion yuan (US$478 million) in October. Panda bonds – typically denominated in yuan and issued in China by non-Chinese organisations, including governments and corporations – have gained traction as traders and countries seek
India is the world’s second-biggest gold consumer after China 4 min read Last Updated : Aug 15 2024 | 2:29 PM IST India’s gold imports, which have a bearing on the country’s current account deficit (CAD), dipped by 4.23 per cent to $12.64 billion during April-July 2024-25 due to global economic uncertainties, according to
Siya Kolisi looks set to leave Racing 92 after just one season with his time at the French Top 14 side dubbed a “flop”, which is a trend with the club. Racing 92 have a history of signing high-profile players who haven’t quite delivered on the pedigree that they have promised and Kolisi looks to