Business
Singapore’s gold buying spree fuels 47% sales jump in gold bars, coins as global demand hits record
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8% Strong investor appetite in Singapore, which resulted…
Tag
Gold
Business
Gold ticks up on US dollar retreat, Fed rate cut
Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day Gold prices edged higher…
Business
A French Château Romance Woven in Blue, Gold, and Southern Grace
The palette of French blue, sage green, rosy pink, and gilded gold wove through every element of the celebration. These hues infused the…
Business
Gold dips on stronger dollar, US-China trade deal hopes
The US Federal Reserve is widely expected to cut interest rates by a quarter percentage point at its meeting on Wednesday Gold prices fell…
Business
Gold trader hiring spree drives up pay as bullion market booms
In addition to the demand from trading houses, hedge funds, refiners, brokers and banks are also hiring precious metals traders, leading…
News
A gold crash everyone saw coming lures bargain hunters worldwide
AS pictures of queues outside gold stores flooded social media over the past month, professional precious metals traders were getting…
Business
Gold firms ahead of US inflation data, but heads for weekly fall
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week. Gold prices rose on Friday…
Business
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Business
Gold fever: These charts show the rush for the precious metal in Singapore
Even with the recent pullback, prices are still up by 8 per cent over the past month Globally, physically backed gold exchange-traded…
Business
Is gold losing its shine? What bullion’s plunge could signal, according to analysts
The precious metal was up 60% this year till recently, outstripping Bitcoin and the Magnificent Seven stocks Questions on whether gold’s…
Business
Gold falls again as rally comes to halt, Asian markets drop
GOLD and silver tumbled for a second day on Wednesday, bringing a rally in the precious metals to a juddering halt, while equities also…
Business
Gold extends retreat from record high on profit-booking, trade optimism
The Fed will lower its key interest rate by 25 basis points next week and again in December Gold prices fell further on Wednesday (Oct…
Business
Gold plunge knocks CNMC Goldmine off pedestal after 400% gain
This follows a recent wave of sell-offs amid profit taking by investors who fear that gold’s recent rally has left it overvalued Shares of…
Business
Gold and silver prices are plummeting: What that means for ‘safe haven’ assets—and why it’s a good sign
After a record-setting rally over the past week, commodities traders went all in on a massive gold sell-off on Tuesday. The price of the…
Business
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s…
Business
Gold holds drop as traders focus on US-China trade, credit woes
Gold steadied following a sharp drop for precious metals on Friday (Oct 17), with traders weighing the latest developments in trade…
Business
Gold prices soared above $4,300 this week. What’s driving the surge?
As economic uncertainty deepens, the rush for gold continues—with prices for the precious metal topping $4,300 for the first time this…
News
Gold pulls back after record high on firm US dollar, Trump’s China remarks
Markets are pricing in a 25-basis-point cut at the Federal Reserve’s October meeting and another in December Gold prices fell more than 2…
Business
Dhanteras: Why India's Diwali gold rush is different this year
Anahita SachdevDelhi and Nikhil InamdarMumbai Ahead of the Hindu festival of Diwali, the jewellery market in Indian capital Delhi's…
Business
Why is Bitcoin crashing? Crypto king sinks to four-month low as investors seek safety in gold
October is usually a month for innocent frights and fun scares, but for Bitcoin investors, this month has left many holding the token…
Business
US: Stocks pulled lower by financials; gold hits record highs
Wall Street stocks ended lower while gold prices surged on Thursday as declining financial shares and simmering trade tensions between the…
Business
Gold hits record high as investors turn to safe haven
Investors anticipate a near-certain 25-basis-point rate cut at this month’s US Federal Reserve meeting, followed by another in December…
Business
Gold hits record high as US-China trade concerns boost safe-haven demand
Gold prices climbed to a record high on Monday (Oct 13), driven by safe-haven demand on fresh US-China trade concerns, while broader…
Fashion
Hong Kongers rush to sell family jewels as gold glitters
Hong Kong residents rushed to sell everything from gold bars to rings this week, with people weighing family jewels and counting stacks of…