Gold set for biggest weekly gain since April on Fed pause hopes
Gold set for biggest weekly gain since April on Fed pause hopes
Gold Price: $1,980.60 News: What a debt ceiling deal could mean for gold.
Your weekly summary of the most important gold news and analysis of the last week.
Gold price USD/OZ: $1,980.60 [View live gold price.]
Change from last week: $29.14 (1.49%)
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Gold news
Gold set for biggest weekly gain since April on Fed pause hopes
What a debt ceiling deal could mean for gold
World news
🇦🇺 Australia
Aussie gold industry valued at $30 billion annually as prices hit record highs and production dips
Rothschild assays could just prove up a huge gold-bearing ore body, says Warriedar
🇨🇳 China
China’s net gold imports via Hong Kong climb 5% in April
🇮🇳 India
RBI’s gold holdings jump over 17% to a whopping ₹2,30,734 crore
Smugglers send officials on gold hunt in Palk Strait
”Coast Guard (ICG) and Department of Revenue Intelligence (DRI) have been on a gold hunt in the Palk Strait after smugglers from Sri Lanka threw the contraband into the sea on spotting a patrol boat. After two days of underwater searches, Coast Guard divers retrieved 11.6 kg of gold on Thursday from the seabed near Mandapam.”
🇮🇶 Iraq
Iraq’s gold reserves surpass 132 tons
🇨🇭 Switzerland
Swiss gold exports tumble to 10-month lows as high gold price weighs on demand in April
🇦🇪 United Arab Emirates
Jewels of the Emirates show opens in Sharjah
Gold-backed cryptocurrencies
Texas considers bill for gold-backed digital currency
Read more about gold-backed cryptocurrencies.
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