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US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
The gold rush is largely driven by Trump's tariff threats, which have caused gold prices in London to drop by around $20 since December.
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Shilpa Shetty, Husband Raj Kundra Accused Of Cheating Trader In Gold Scheme
Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, have been accused of cheating a prominent bullion trader in Mumbai.
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Gold Hits Record High Following Fed Chief's Comments On Interest Rate Cut
Gold fell more than 2% after hitting an all-time high on Monday as the dollar rebounded, but expectations of a cut in U.S. interest rates in 2024 stemmed zero-yield bullion's retreat.
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Gold Trades In Narrow Range As Investors Wait For Fed Rate Verdict
Gold prices traded in a narrow range on Wednesday as some investors stayed on the sidelines ahead of the U.S. Federal Reserve's interest rate decision and policy outlook.
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Thieves Pose As Officials, Loot Mumbai Businessman Of Gold, Cash
The Mumbai police have arrested three persons of a gang who allegedly posed as officials of the Enforcement Directorate (ED) and decamped with 3 kg gold and Rs 25 lakh from the offices of a bullion trader in Zaveri Bazaar area of south Mumbai.
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Royal Mint Unveils Bullion Coin Bearing King Charles' Portrait For The First Time
The Royal Mint, which makes all the coins in the United Kingdom, has unveiled its first bullion coin to bear the portrait of King Charles.
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Gold Prices Slip As US Fed Says More Rate Hikes Coming
A hawkish Fed is weighing on the bullion market and gold's outlook hinges on how much more tightening central banks, in particular the Fed, plan to do from here, said OCBC FX strategist Christopher Wong.
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Ahead of Diwali, Low Domestic Prices Spur Gold Buying In Asia
Demand for physical gold picked up pace this week as some consumers bought into a retreat in domestic prices to a near one-month low ahead of the DhanterasandDiwali festivals.
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Gold Regains Some Poise On Latest Russia Jitters; Focus On Fed
Gold rose on Wednesday after Russian President Vladimir Putin's partial mobilisation announcement re-ignited some safe-haven interest in bullion, although a strong dollar and expected U.S. rate hikes capped gains.
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431 Kg Gold, Silver Seized From Secret Lockers Of Firm In Bank Fraud Case
The Enforcement Directorate today seized 431 kgs of gold and silver worth more than Rs 47 crore after it searched secret lockers of a bullion company as part of a money laundering probe linked to an alleged bank loan fraud case.
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Gold Falls To Three-Week Low On Robust Dollar, Fed Rate-Hike Fears
Gold prices slipped to a three-week low on Friday and were set for their first weekly drop in five, as a stronger dollar and prospects of more rate hikes by the US Federal Reserve dented bullion's appeal.
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Gold Set For Fourth Weekly Gain As US Dollar Under Pressure
Gold prices were flat on Friday, weighed down by an uptick in the Treasury yields and prospects of US interest rate hikes, although broader weakness in the dollar kept bullion on track for its fourth weekly gain.
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UK Royal Mint Launches New Gold Bar For Ganesh Chaturthi
The UK's Royal Mint has issued a new 24-karat gold bar engraved with an image of Lord Ganesh for sale in the lead up to Ganesh Chaturthi on August 31, marking an expansion of its Indian-inspired gold minted bullion bar range.
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Gold Prices Fell On Stronger Dollar, Imminent Rate-Hike Fears
Gold prices edged lower on Friday, as an uptick in the US dollar and fears over aggressive rate hikes by major central banks to tame inflationary pressures dented bullion's appeal.
-
Gold Sulks Near 7-Month Low As Dollar Surges Amid Safe-Haven Demand
Gold Price Today And Silver Price Today: Gold hovered near a fresh seven-month low on Wednesday, with the dollar perched at a two-decade peak, as investors continued to snub bullion and look to the greenback for safety amid growing anguish over a worsening global economic outlook.
-
US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
The gold rush is largely driven by Trump's tariff threats, which have caused gold prices in London to drop by around $20 since December.
-
Shilpa Shetty, Husband Raj Kundra Accused Of Cheating Trader In Gold Scheme
Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, have been accused of cheating a prominent bullion trader in Mumbai.
-
Gold Hits Record High Following Fed Chief's Comments On Interest Rate Cut
Gold fell more than 2% after hitting an all-time high on Monday as the dollar rebounded, but expectations of a cut in U.S. interest rates in 2024 stemmed zero-yield bullion's retreat.
-
Gold Trades In Narrow Range As Investors Wait For Fed Rate Verdict
Gold prices traded in a narrow range on Wednesday as some investors stayed on the sidelines ahead of the U.S. Federal Reserve's interest rate decision and policy outlook.
-
Thieves Pose As Officials, Loot Mumbai Businessman Of Gold, Cash
The Mumbai police have arrested three persons of a gang who allegedly posed as officials of the Enforcement Directorate (ED) and decamped with 3 kg gold and Rs 25 lakh from the offices of a bullion trader in Zaveri Bazaar area of south Mumbai.
-
Royal Mint Unveils Bullion Coin Bearing King Charles' Portrait For The First Time
The Royal Mint, which makes all the coins in the United Kingdom, has unveiled its first bullion coin to bear the portrait of King Charles.
-
Gold Prices Slip As US Fed Says More Rate Hikes Coming
A hawkish Fed is weighing on the bullion market and gold's outlook hinges on how much more tightening central banks, in particular the Fed, plan to do from here, said OCBC FX strategist Christopher Wong.
-
Ahead of Diwali, Low Domestic Prices Spur Gold Buying In Asia
Demand for physical gold picked up pace this week as some consumers bought into a retreat in domestic prices to a near one-month low ahead of the DhanterasandDiwali festivals.
-
Gold Regains Some Poise On Latest Russia Jitters; Focus On Fed
Gold rose on Wednesday after Russian President Vladimir Putin's partial mobilisation announcement re-ignited some safe-haven interest in bullion, although a strong dollar and expected U.S. rate hikes capped gains.
-
431 Kg Gold, Silver Seized From Secret Lockers Of Firm In Bank Fraud Case
The Enforcement Directorate today seized 431 kgs of gold and silver worth more than Rs 47 crore after it searched secret lockers of a bullion company as part of a money laundering probe linked to an alleged bank loan fraud case.
-
Gold Falls To Three-Week Low On Robust Dollar, Fed Rate-Hike Fears
Gold prices slipped to a three-week low on Friday and were set for their first weekly drop in five, as a stronger dollar and prospects of more rate hikes by the US Federal Reserve dented bullion's appeal.
-
Gold Set For Fourth Weekly Gain As US Dollar Under Pressure
Gold prices were flat on Friday, weighed down by an uptick in the Treasury yields and prospects of US interest rate hikes, although broader weakness in the dollar kept bullion on track for its fourth weekly gain.
-
UK Royal Mint Launches New Gold Bar For Ganesh Chaturthi
The UK's Royal Mint has issued a new 24-karat gold bar engraved with an image of Lord Ganesh for sale in the lead up to Ganesh Chaturthi on August 31, marking an expansion of its Indian-inspired gold minted bullion bar range.
-
Gold Prices Fell On Stronger Dollar, Imminent Rate-Hike Fears
Gold prices edged lower on Friday, as an uptick in the US dollar and fears over aggressive rate hikes by major central banks to tame inflationary pressures dented bullion's appeal.
-
Gold Sulks Near 7-Month Low As Dollar Surges Amid Safe-Haven Demand
Gold Price Today And Silver Price Today: Gold hovered near a fresh seven-month low on Wednesday, with the dollar perched at a two-decade peak, as investors continued to snub bullion and look to the greenback for safety amid growing anguish over a worsening global economic outlook.
