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China is buying gold like there's no tomorrow, jacking up prices

China News: Chinese consumers have flocked to gold as their confidence in investments like real estate or stocks has faltered. At the same time, the country's cen

Guan-tao , Hebei , China , India , London , City-of , United-kingdom , Russia , Moscow , Moskva , Gaza , Israel-general-

gold prices: China is buying gold like there's no tomorrow

Often considered a safe investment during times of geopolitical and economic turmoil, gold has soared in price in response to Russia's invasion of Ukraine and the war in the Gaza Strip. But gold's climb to highs above $2,400 per ounce has proved more resilient, and lasted longer, because of China.

Shanghai , China , Russia , London , City-of , United-kingdom , Beijing , Ukraine , India , Gaza-strip , Chinese , Ross-norman

Gold resumes retreat despite soft jobs report as traders book profits

Prices quickly gave up gains after jumping as high as $2,320.78 immediately after the release of data showing U.S. nonfarm payrolls increased by 175,000 jobs last month, lower than economists' forecast of 243,000.

Bengaluru , Karnataka , India , Harshit-verma , Arpan-varghese , Rahul-paswan , Chris-gaffney , Tasim-zahid , Tai-wong , Alan-barona , Federal-reserve , New-york-based

Cautious state remains after gold auction

Despite high market interest, Vietnam’s inaugural gold auction left 13,400 taels unsold, with restrictive conditions and regulatory uncertainties dampening enthusiasm and complicating efforts to align domestic prices with global rates.

Vietnam , Republic-of , Saigon , H-chíinh , Vietnamese , Nguyen-tri-hieu , Huynh-trung-khanh , Price-research-institute , Banking-strategy-institute , Vietnam-gold-trading-association , Saigon-jewelery-company , Economist-nguyen-tri-hieu

Gold prices in Pakistan continue to drop

Gold prices continued to slide downward in Pakistan for the sixth successive session on Saturday. Gold price per tola hit Rs238,000 after a single-day...

Pakistan , Jewellers-sarafa-association , All-pakistan-gems , Gold , Old-prices , Akistan , Old-price-per-tola ,

Gold wanes as reality bites

Interest rate cuts aren't likely anytime soon

Gold ,

Investment scam call centres busted, eight nabbed

KUALA LUMPUR: Two call centres linked to an investment scam have been busted with the arrest of eight people, says Comm Datuk Seri Ramli Mohamed Yoosuf.

Kuala-lumpur , Malaysia , Hong-kong , Malaysians , Ramli-mohamed-yoosuf , Bukit-aman-commercial-crime-investigation-department , Bank-negara-malaysia , Comm-datuk-seri-ramli-mohamed , Courts-crime , Ccid , Comm-ramli-mohamed-yoosuf , Call-centres

Gas shortage planning - May 05, 2024 - Petroleum News

In recent months the electric utilities in the Alaska Railbelt have conducted presentations to the Regulatory Commission of Alaska about contingency arrangements for dealing with power shortages, should normal electricity supply arrangements fall short of demand.
With potential shortages of natural...

Alaska , United-states , Alan-bailey , Regulatory-commission-of-alaska , Petroleum-news , Alaska-railbelt , Regulatory-commission , Coal , Cook-inlet , Epa , Fairbanks

Gold production from Indian mines surges by 86 pc in Feb

New Delhi: The production of gold from Indian mines surged by 86 per cent in February this year to 255 kg while that of copper increased by 28.7 per cent

New-delhi , Delhi , India , Karnataka , Dharwad , Raichur , Ministry-of-mines-on , Indian-bureau-of-mines , Indian-bureau , Manganese-ore , Iron-ore