Gold

New Business

Zijin’s gold mine unit tops the world in output growth ahead of US$3 billion Hong Kong IPO

Zijin Gold International said it was the world’s fastest-growing gold producer, as the offshore unit of China’s largest miner is…

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New Business

Macroscope | In the crypto vs gold struggle, new battle lines are being drawn

At a time when cryptocurrencies are being promoted aggressively by none other than US President Donald Trump, among others, it…

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New Business

China extends gold-buying streak as central banks seek US dollar alternatives

China’s central bank extended its gold-buying streak for a 10th straight month in August, part of a broader rush into…

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New Business

Rupee extends rally with gains of 20 paisa

The Pakistani rupee extended its gains against the US dollar on Wednesday, rising 20 paisa, or 0.07%, in the inter-bank…

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New Business

China’s money launderers exploited a gem of a loophole – Beijing just plugged it

China’s dealers of precious metals and gemstones – including gold, diamonds and rubies – must comply from today with a…

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New Business

Macroscope | Central banks rush to gold as fears of US dollar crisis mount

Why are central banks, including those of China and India, adding gold bullion to their reserves at an almost alarming…

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New Business

Macroscope | How the obsession with risky assets is putting global finance in peril

Fashionable, frivolous or downright foolish? Which of these words best describes the trend in markets toward derivatives, cryptocurrencies, digital assets…

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New Business

Gold 2.0 or just a fallacy? Crypto can’t chip away at gold’s safe-haven shield: researcher

Cryptocurrencies – including bitcoin and stablecoins – are not an alternative to gold, nor do they pose a threat to…

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New Business

Reko Diq fast-tracked with nearly 1,000 local hires on-site: Barrick Gold

A bulldozer operates inside an open pit at Barrick Gold Corp’s Veladero gold mine in Argentina’s San Juan province.— Reuters/File…

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New Business

Opinion | For central bankers, gold’s safe-haven status has never looked better

Wall Street pundits and investors are schizophrenic about US assets. The dollar weakened after Moody’s cut the United States’ credit…

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