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Gold Finds Footing; FedSpeak Stewing

Gold Finds Footing; FedSpeak Stewing
fxempire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxempire.com Daily Mail and Mail on Sunday newspapers.

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Gold Works Whilst Stagflation Lurks

Welcome to our 600th consecutive Saturday Edition of The Gold Update. "Ain't missed a one, hon!" And to all of our valued readers, linkers, publishers and broadcasters across the past decade and 'round the world, our humble and heartfelt thanks. You are why we've made it this far. ....

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UPDATE 1-China's Q1 gold consumption jumps 93.9% y/y on robust demand - association

Output fell 9.92% y/y to 74.44 T
First quarter demand reverted to pre-pandemic level (Adds details on spending, background on bullion)
BEIJING, April 30 (Reuters) - China’s gold consumption soared 93.9% in the first three months from the same quarter a year earlier, recovering to pre-pandemic levels fuelled by strong demand for gold jewelleries and rising investment, the China Gold Association said on Friday.
Consumption in China in the first quarter stood at 288.2 tonnes, compared with 148.63 tonnes a year ago, the association said in a statement on its website.
The rise came as spending for gold jewelleries picked up quickly during China’s Lunar New Year holidays and Valentine’s Day, said the association. ....

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Gold Triple Top Suggests Upside Pop

Such was Gold's quest this past week in attempting to regain our anticipated near-term price of 1800: Wednesday's high was 1798.4; Thursday's high was 1798.1; and Friday's high was 1796.3. ....

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Investegate |Metal Tiger plc Announcements | Metal Tiger plc: Southern Gold Update (ASX:SAU)

Notes to Editors:
Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ( AIM ) with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.
The Company s target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. Metal Tiger has two investment divisions: Equity Investments and Project Investments.
Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for t ....

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