Central banks have bought the most gold since the end of the second world war with the commodity becoming an increasingly valuable hedge against growing global instability. The near record build up in government debt globally, particularly in the US, makes other perceived risk-free assets less … [Read more...] about Central banks are buying the most gold since the end of the Second World War — here’s why
Russian gold could become the perfect alternative to conservative investments in the greenback, the CEO of Russia’s key trading floor, Moscow Exchange (MOEX), believes. “Let’s offer an alternative to the US dollar in the form of Russian gold, which we produce… investment gold,” - CEO … [Read more...] about Let’s replace US dollar with Russian gold, Moscow exchange chief suggests
Gold and silver prices had a rough summer season. After trading to a high of $1365.40 on the continuous futures contract in April, selling in the gold market took the price of just over the $1160 level in mid-August when the dollar index reached its most recent peak at 96.865. Gold dropped to its … [Read more...] about Is it Time to Buy Silver when the Gold-to-Silver Ratio Gap Expands?