gold

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Analysts: Gold Transactions Fuel Russian Shadow Trading Payments

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Gold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third of the country’s reserves, could be key in sidestepping the current trade difficulties originated by economic sanctions. “While it’s unclear how much of a role gold plays in Russia’s … Read more

China Unearths Massive Gold Veins That Could Reshape Global Markets

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A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been discovered in Hunan Province, central China, as confirmed by the … Read more

UBS Reveals When to Buy Gold Dips as Markets Signal Unseen Risks

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UBS signals a prime buying range for gold on price dips, projecting steady growth and recommending a 5% allocation in balanced portfolios. UBS Sounds Alarm: What Keeps Gold’s Value Steady Under New US Leadership? Global investment bank UBS published a report Monday highlighting the enduring value of gold as a hedge, despite a recent pivot … Read more

Analyst: Europe Is Secretly Preparing for a Renewed Gold Standard

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Jan Nieuwenhuijs, an expert in gold markets, believes he has found evidence that Europe is preparing to adopt a new standard. He states that the recent movements of several Eastern European countries—purchasing or selling gold to reach a determined ratio—are part of the actions leading up to this development. Analyst: Countries in Europe Equilibrating Gold … Read more