As it became known recently, in March of this year, China’s gold reserves increased by +11 tons and now stands at 1,885 tons. The government agency for currency control of the PRC announced this.
Published: 2019.04.25.
Prices of safe-haven gold failed to sustain early-session gains on Tuesday, after initially rising following news that the U.S. will end Iran sanctions waivers.
Published: 2019.04.23.
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Published: 2019.04.23.
Gold prices fell on Thursday in Asia as upbeat Chinese economic data pointed to an improved growth outlook and put pressure on the safe-haven metal.
Published: 2019.04.18.
The World Gold Council (WGC) recently published data on the countries of the world that own gold in their international reserves. It follows from them that Qatar bought 9.3 tons of gold, increasing its gold reserves by 30%.
Published: 2019.04.17.
According to Philip Newman, director of Metals Focus, the rise in gold prices can support the cost of platinum, since these precious metals are interconnected with each other. He spoke about this during his speech at a conference in Atlanta on automotive
Published: 2019.04.16.
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Published: 2019.04.15.
The purity of gold is determined in carats. The term "carat" is derived from the seeds of the carob tree, which are used in the countries of the Middle East for weighing. Carats are legumes, each carob bean weighs 1/5 g (200 mg).
Published: 2019.04.15.
Gold prices recovered slightly on Friday in Asia, but still traded below the key $1,300 level and are now near its lowest level of the month.
Published: 2019.04.12.
The term "troy ounce" of gold is derived from the name of the French city of Troyes, in which the world's first system of weights for precious metals and stones was created. One troy ounce is equal to the weight of 480 grains (one grain weighs exactly 64.
Published: 2019.04.11.