Coronavirus worsened the mood of buyers in China, the largest consumer country of gold, which led to a decrease in demand for jewelry. Jewelry retailing has suffered as many shops have reduced working hours to prevent the spread of the virus.
Precious metals market analyst Jeff Curry from Goldman Sachs, an American investment bank, told Bloomberg in an interview about why the bank is positive about the future prospects of gold.
The US Geological Survey released data on the gold market for 2019. It provides data on the mining of yellow precious metals by the largest gold-mining countries. The report also provides an estimate of how much gold is left for mining in the bowels of th
An employee of the Australian Mint Jerry Hicks spoke about the current situation in the gold market, including the sale of investment gold. He paid special attention to the growth of Australian gold sales at the end of 2019 in Germany. It was thanks to th
According to Bloomberg Intelligence, gold is a favorite this year in terms of growth in returns for its investors. Kitco News news agency experts analyzed the opinions of some analysts on the precious metals market.
The Australian Mint, located in the city of Perth (The Perth Mint), recently published a message in which it announced its intention to make the world gold market transparent to all its participants. The technology company Security Matters Ltd will help h
The Australian Mint, located in the city of Perth (The Perth Mint), published official data on the sale of gold and silver in January of 2020. It follows from them that the previous month showed an increase compared to the same period in 2019.