Central Banks Are Buying Gold at Fastest Rate Since 2012
Financial group Macquarie says central banks added 264 tons of gold to their holdings in just the first three quarters of 2018. Continue reading
Tag Archives: russia
New Motives Send Central Banks on a Gold Buying Spree
Forbes’ Simon Constable lists what motives are causing central banks to renew their interest in gold-buying. Continue reading
Russia Just Made a Huge Gold Purchase
After a low purchasing month, Russia returns with an acquisition of 700,000 ounces of gold in May. Continue reading
Russia makes a splash with latest gold purchases
Putin’s nation may have stopped buying gold for a few months, but as the ruble has regained some of its lost value, Russia is back in a big way. Continue reading
German Business Suffers from Standoff with Russia
For the first time in one and a half years, the consumer confidence in Germany fell in August, a sign that the geopolitical tensions are starting to weigh on consumer sentiment. This also reflects the grim prospects for economic recovery across the EU. Russians also face recession – will gold save them? Get all the facts here. Continue reading
Could Widespread Geopolitical Turmoil Lead to a Gold Price Spike? Is It Time for a New Bull Market for Precious Metals?
Last month, ISIS, the Sunni armed group that controls large areas of Iraq and Syria, announced the establishment of a new Islamic state, a caliphate, straddling the two countries. And soon after, passenger jet Malaysia Airlines Flight 17 was shot down killing all 283 passengers and 15 crew on board … Continue reading