Category: 6. Business
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Costco Starts Selling Platinum Bars
In a bold new move, Costco has officially entered the platinum market. The wholesale giant, renowned for its bulk offerings and competitive pricing, is now selling 1-ounce platinum bars and Canadian Maple Leaf platinum coins through its… Continue Reading
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Gold could hit $3,000. Silver undervalued: What is Holding Them Back?
In a recent video by Blue Line Futures LLC, renowned financial analyst Phil Sreible, delves into the intricate dynamics of the global commodities market, providing valuable insights for investors. Starting with an overview of the day’s… Continue Reading
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WGC: Central bank gold demand easing
Central banks added just 8 tonnes of gold to net reserves in the month of August, according to a report released Thursday by World Gold Council Senior Research Lead, APAC Marissa Salim. The results showed the lowest buying activity from… Continue Reading
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Gold prices in limbo, Fed president says inflation fight may take longer
Gold prices declined about 0.5% to just below $2,650 an ounce after Richmond Federal Reserve President Thomas Barkin spoke during an economic conference Wednesday and said there is “still work to do on inflation.” Last week, traders… Continue Reading
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Gold Holds Steady as Investors Await U.S. Economic Indicators
Gold prices hovered in a narrow range early Thursday as market participants stayed cautious, waiting for key U.S. economic reports that could shed light on the Federal Reserve’s next interest rate moves. As of 09:00 GMT, spot gold remained… Continue Reading
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Bank of America DOWN: Should Americans Consider Gold and Silver?
Bank of America customers were left in shock as a system outage caused online balances to show $0, sparking panic and fear. As thousands scrambled for answers, the bank’s failure to resolve the issue promptly sent a chilling message – what… Continue Reading
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David Brady Warns: Fed Crisis Will Send Gold & Silver Through the Roof!
In a recent interview by Sprott Money, David Brady, a seasoned precious metals expert, shared his insights on the current market conditions and the outlook for gold and silver. David Brady, a well-respected precious metals analyst and… Continue Reading
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Gold prices stay flat amid Lebanon operation, Iranian ballistic missile
The precious metals markets were trading slightly lower the day after Israel began a ground operation in Lebanon and Iran responded with a barrage of 180 ballistic missiles that failed to kill any Israelis. One Palestinian civilian was… Continue Reading
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StoneX purchases ‘good delivery’ silver supplier
In a move to deepen StoneX’s end-to-end metals offering, the New York-based company has purchased JBR Recovery. JBR Recovery specializes in refining 1,000-ounce silver good delivery bars sold under London Bullion Market Association (LMBA)… Continue Reading
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Tanzania central bank to add 6 tonnes of gold to reserves
Another country’s central bank is announcing its plans to acquire additional gold reserves as speculation about a new global currency and de-dollarization continues to swirl. Under a recently passed law, mining and trading firms will be… Continue Reading