Record-Breaking Metal Deposit Could Redefine Argentina’s Economy
A landmark discovery in Argentina’s Andes mountains has unearthed the largest copper, gold, and silver deposit in 30 years. The joint venture “Vicuña,” formed by Lundin Mining and BHP, has identified over 80 million ounces of gold and silver alongside 12+ million tons of copper. This find is expected to…
Wealthy Investors Flee Dollar for Gold and Crypto Amid Trade Tensions, Says UBS
UBS reports that wealthy clients are moving away from US dollar-based investments and toward alternative assets like gold and cryptocurrency. Amy Lo, co-head of UBS Group’s Asian Wealth Management, noted that gold has become particularly popular due to economic volatility caused by Trump’s trade tariffs. Investors are also increasingly considering…
How a 0.5% Portfolio Shift Could Drive a $6,000 Gold Supercycle
Even small moves can spark big outcomes. If just a fraction of global capital rotates into gold, prices could surge beyond anything most investors are prepared for.
Kalyan Jewellers Accelerates Expansion with 160 New Stores Amid Changing Consumer Preferences
Indian jewelry retailer Kalyan Jewellers expects robust growth exceeding 25% this year as it accelerates its expansion with 160 new locations planned. The company is benefiting from changing consumer behavior, with customers preferring established chains over independent jewelers, shopping more frequently, and spending more on gifts. While high gold prices…
Gold Rush 2025: How Global Uncertainty Is Driving Record Investment
Economic and political uncertainty has sparked renewed interest in gold as a safe investment. Gold prices have increased 20% since Trump’s election and 95% over five years. Both central banks and individual buyers are turning to gold, with U.S. gold inventories doubling as tons of gold are being transported to…
Gold Retreats from Record Highs as U.S.-China Relations Improve
Gold prices fell by 0.5% to $3,231.08 per ounce on Wednesday as improving U.S.-China trade relations eased global recession concerns. The two countries agreed to a 90-day suspension of reciprocal tariffs after weekend talks in Geneva, with the U.S. planning to reduce tariffs on low-value Chinese shipments to 30%. This…
Gold Retreats as US-China Trade Truce Shifts Investor Sentiment
Gold prices edged lower for the second time in three days, initially falling by 0.9% before recovering somewhat due to a weakening dollar following reports about US-South Korea currency policy discussions. The decline comes as investors react to two key factors: the unexpected trade truce between the US and China…
Wealthy Investors Flee Dollar Assets for Gold and China, Says UBS Executive
Wealthy investors are moving away from US dollar assets toward alternatives like gold, cryptocurrencies, and commodities, according to UBS executive Amy Lo. Speaking in Hong Kong, Lo noted that clients are diversifying their traditionally US-centric portfolios amid US-China trade tensions. Chinese markets, previously avoided by investors, are now gaining attention…
Trade Truce Set To Ignite “Red Hot” Front-Running Of Chinese Exports To US; Goldman
Trade Truce Set To Ignite “Red Hot” Front-Running Of Chinese Exports To US; Goldman The so-called “breakthrough” trade deal between the U.S. and China on Monday slashes reciprocal tariffs and sets off a 90-day cooling period—one that Goldman analyst Philip Sun says will likely spark a surge of imports into U.S. ports. Far from the […]
Gold Bounces Back as Markets Await Critical US Inflation Data
Gold rebounded to $3,255.59 per ounce as markets shift focus to upcoming US inflation data. The precious metal had previously dropped when the US and China announced a 90-day tariff reduction agreement, with US duties on Chinese goods falling from 145% to 30% and China reducing most levies to 10%….