China’s Reduced Physical Gold Demand Cools Prices After May Peak
While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold…
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Precious Metals Shine: Gold Hits Record High, Silver Sees Substantial Gains
The price of gold continues to hit unprecedented highs, with one troy ounce of .999 fine gold now trading at $2,298. Silver is also beginning to ride the wave of…
Silver Left Behind as Gold Claims the Spotlight With Record Price Spike to $2,233 per Ounce
This week, the value of gold soared to an unprecedented peak, hitting $2,233 per troy ounce as of March 29. In contrast, silver has not exhibited the same level of…
Report: LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities
The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request comes a…