English

More about this topic

Markets

Preparing for the worst? Polish central bank goes on gold buying spree

The president of the National Bank of Poland, Adam Glapinski, recently revealed that the central bank would continue to buy gold, and is aiming for the precious metal to make up 20% of the bank’s reserves.

Markets

Gold: Why are investors rushing in as the shine comes off copper?

Gold prices have reached a new all-time high, driven by expectations of a lower interest rate environment and increasing demand for safe-haven assets. In contrast, base metals such as copper remain weak, largely due to sluggish economic growth in major economies, particularly from China.

Europe News

Paris Olympics: Spain win football gold after beating hosts France 5-3

Spain's men take gold after 5-3 win against France in Olympic men's football final.

Markets

Pound, euro, and gold surge as US dollar weakens

Both the euro and the British pound surged further against the US dollar, while gold prices hit a fresh high before pulling back on Wednesday. The dollar's weakness may continue to exert upside pressure on currencies and metal prices amid growing expectations of rate cuts by the Federal Reserve.

ADVERTISEMENT

Markets

The enduring popularity of gold: why does it never lose its shine?

Gold still has advantages such as being a credible inflation hedge, being rare and finite and having a relatively low correlation with other assets, according to gold investor and analyst Simon Popple.

Economy

Mining for gold? Don't be rushed into fakes. Seven tips to spot frauds

More and more people are turning to gold as a safer place to invest, but scams are on the increase. Here are seven tips to spot fake gold.

Markets

Gold continues price surge as investors monitor Middle East tensions

Gold prices have touched a new record high, as tensions between Iran and Israel intensify, leading to more safe haven asset purchasing.

Markets

Gold hits fresh high: Why are investors turning to the precious metal?

A closer look at why the price of gold has hit a fresh record this week as other commodities also move higher, including oil prices.

Business

Which generated more in the last decade: Bitcoin or a London house?

The most famous crypto provided a return of almost 5,000% over the last decade.

Markets

Gold passes €2000 an ounce level: What's the continuing allure?

In a week that saw 10 central bank meetings around the globe, gold prices surged to new record highs for the first time in the precious metal's history.

Markets

Gold prices reach all-time highs: Which European stocks may benefit?

Gold prices hit a record high, as markets eye potential Fed rate cuts in 2024.

No Comment

Video: Massive landslide in Turkey captured on camera

Experts have warned that the landslide may carry environmental risks.

Markets

Gold price climbs to record high: Why are investors flocking to it?

After two lackluster years, gold is staging an impressive comeback in 2023, with the precious metal delivering double-digit gains by the end of November, inching closer to its all-time highs of $2,060 per ounce reached in August 2020.

Markets

Weekly commodities wrap: Precious metals flounder due to hawkish Fed

Precious metals were pressured this week following Fed Chair Jerome Powell’s comments hinting at tighter monetary policy.

Culture news

British Museum to digitise collection to prevent more thefts

The British Museum, one of the most visited in the world, has been dealing with the aftermath of thefts which highlighted internal failings and led to the exit of its director.

Culture news

Amateur metal detective makes ‘gold find of the century’ in Norway

The plan is to exhibit the find at the Archaeological Museum in Stavanger, about 300 kilometres southwest of Oslo.

Culture news

British Museum staff sacked for theft named as senior curator

The British Museum says it's taking legal action and the Metropolitan Police's economic and crime command is investigating.

Europe News

EU bans imports of Russian gold and freezes Sberbank's assets

The precious metal has been used by oligarchs as a safe haven to soften the impact of Western sanctions.

Europe News

EU to target Russian gold in next round of sanctions over Ukraine war

The precious metal constitutes Russia's top export after energy and was worth more €18.5 billion in 2020.

Nature

Colombian farmers take on David vs. Goliath fight to stop gold mining

Colombia’s land and communities are under threat from companies looking to extract precious metals.