Gold prices may hit another record high in 2024
Gold Price: $ News: China’s PBOC halts gold purchases in May after 18 months of buying
Your weekly summary of the most important gold news and analysis of the last week.
Gold price USD/OZ: $2,311.77 [View live gold price.]
Change from last week: -$62.50 (-2.63%)
Gold news
Gold prices may hit another record high in 2024, Metals Focus says
“The top 3 buying gold, the reasons why, world data table...”
“Gold is not driven by inflation. Nor is it driven by deflation. Nor is it driven by the dollar. Nor does it fall when the equity market rallies or vice versa.”
Four central banks sign London Principles to formalise artisanal small-scale gold mining sector
Gold is getting harder to find as miners struggle to excavate more, World Gold Council says
How much gold is there in the world?
Physical gold ETFs see first net inflows in 12 months in May - World Gold Council
Western investors may be late to the gold rally… again - Goehring & Rozencwajg
World news
🇨🇳 China
China’s PBOC halts gold purchases in May after 18 months of buying
China's central bank expected to resume gold buying once prices decline
The world will never be free if it believes official Gold data
“That the People's Bank of China did not report acquiring gold in May does not mean that the bank or the Chinese government did not actually acquire gold in the month.”
🇬🇭 Ghana
Ghanas gold production rises to 4 million ounces in 2023 — Chamber of Mines
🇮🇳 India
Indian Govt restricts gold jewellery imports from all countries except UAE
Why did RBI bring 100 tonnes of gold reserves back to India? RBI governor Shaktikanta Das explains
🇸🇬 Singapore
Singapore is set to lead the gold market as 'center of gravity' shifts east, World Gold Council says
🇰🇷 South Korea
You can now buy gold bars from vending machines in South Korea
🇨🇭 Switzerland
Buy and store gold bullion and coins in Switzerland 🇨🇭(sponsor)
🇹🇭 Thailand
Emsphere hosts durian-lovers' paradise
“Golden Durian featuring premium grade durian adorned with food-grade fold flakes and served with Oolong tea.”
🇹🇷 Türkiye
Venezuela’s Maduro signs gold deal with Türkiye
🇻🇳 Vietnam
State-run Vietnamese lender Vietcombank starts online gold bullion sale
Gold buying rush continues in Vietnam
🇿🇼 Zimbabwe
ZiG won’t fail, says President . . .‘We’ve enough gold to back it’
Gold-backed cryptocurrencies
Ripple announces tokenized gold coming to XRP ledger in 2024
Read more about gold-backed cryptocurrencies.
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