Gold is always a great start to the year when buying Chinese gold for Lunar New Year celebrations. Notably, over the past ten years, gold has risen over eight years in January. 2012 saw a significant increase of 9.14% after falling 6.74% in 2011.
Analyst Suki Cooper from investment bank Standard Chartered shared her opinion with the host of the economic program Bloomberg Markets on the future prospects for the price of gold in the current year 2021.
For the first time in history, the value of Russia's gold reserves exceeded the country's dollar reserves. This was reported by Kitco News with reference to the official statement of the Central Bank of the Russian Federation.
Gold experienced a sharp drop in its value last week, and since the beginning of this 2021, the yellow precious metal has been showing increased volatility. According to the representative of the Canadian bank TD Securities, the bullish trend in the gold
Financial expert Nick Santiago spoke in a recent interview with The Investing News Network about the situation in the financial markets. In his opinion, the decisive factors of last year will continue to operate in the current year 2021. According to the
India is one of the largest consumers of gold along with China. At the end of the last 2020, the country imported the minimum amount of the yellow precious metal over the past 10 years. It's all about quarantine restrictions. Bloomberg reports.
The new year of 2021 began with an unexpected rise in the price of gold above $ 1,900 an ounce. A lot of important statistics will be released this week. According to statistics from past years, January is the best month for the yellow precious metal. Ap
Gold prices could show their maximum annual growth in a decade, despite the fact that dying hopes for an increase in stimulus payments in the US and a rise in stocks weighed on the metal on the last day of the year.
Gold is actually very different. Precious metal can differ in the form of manufacture, composition and can be found in different products. What should you look for when buying a yellow precious metal?