China has bought more than 100 tons of gold as a buffer against Trump's trade war

2019-10-08 12:01

"It's a reflection of the trade war and uncertainty this has created among the Chinese authorities — they need to hedge their risks."

TECHNICAL ANALYSIS: DRDGold shares show pullback in an uptrend

2019-09-16 11:16

DRDGold has been leading the local gold shares higher in recent weeks and months. The gold sector is currently giving a short-term pullback, and this is setting up another buying opportunity in gold shares, such as DRDGold.

China has piled up nearly 100 tons of gold reserves to help buffer against the blows of Trump's trade war

2019-09-10 17:31

Gold's rise is a major sign that investors are worried about the state of the economy.

Investors have been plowing money into bitcoin since the start of the US-China trade war

2019-08-24 17:50

After Trump announced delays on some tariffs until December, there was a 123% increase in people trading bitcoin.

Bitcoin has become an unlikely safe haven as global turmoil has rocked markets. But not everyone thinks that’s a good idea.

2019-08-20 11:32

"Bitcoin is harder to manipulate the circulating supply and that's why some people think its a safe haven."

June mining production drops 4.2%

2019-08-08 17:28

Mining production levels dropped 4.2% year-on-year in June 2019, with the largest negative contributors to the decline being gold, diamonds and platinum group metals.

Gold tops $1 500 as investors seek shelter from gathering storm

2019-08-08 12:52

Gold futures rallied above $1 500 an ounce on sustained demand for the traditional haven as the US-China trade war festers, global growth slows and central banks around the world ease monetary policy.

Gold's rally gets booster shot as Trump picks doves for the Fed

2019-07-03 08:58

Gold has resumed its rally above $1 400 an ounce on a cocktail of positive drivers, with weak data feeding expectations for fresh easing from central banks, Treasury yields hitting a two-year low, and new picks for the Fed.

Gold sinks most in a year as trade truce deals blow to bulls

2019-07-01 13:11

Gold has slumped back below $1 400 an ounce after the US and China agreed to a truce in their trade war, dealing a blow to havens that were bolstered in recent months by the long-running tensions.

 

Sibanye plans new JSE-listed holding company

2019-10-04 19:33

Sibanye Stillwater - the world's biggest producer of platinum, the second-largest palladium producer and a major gold miner – plans to restructure its holding structure.

Gold rallies on concern Saudi attack may presage wider conflict

2019-09-16 09:41

Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East.

Gold may crack $1 600 as Fed seen cutting rates four more times

2019-09-04 08:00

Gold will surge above $1 600 an ounce as the Federal Reserve embarks on a quartet of interest rate cuts to combat slowing US growth and the fallout from the trade war with China, according to BNP Paribas SA.

Where will the yellow brick road lead?

2019-08-21 14:33

The gold price soared to six-year highs in August. Will the rally continue? And what does this mean for miners of the yellow metal?

Harmony Gold reduces losses, vows to put miner safety first

2019-08-20 09:08

Gold mining company Harmony reduced its losses by over 40% for the 2019 financial year.

China bought gold for the 8th straight month — and it's just the latest sign the nation is in the trade war for the long haul

2019-08-08 14:29

The country's gold reserves now hold about 1,945 tons of the precious metal — worth about $93.4 billion at current prices.

TECHNICAL ANALYSIS: AngloGold shares show upturn potential as gold shares still in focus

2019-07-12 12:48

Leading gold producer AngloGold is pausing in the short-term before potentially renewing its uptrend. Its share price still has large upside potential.

Gold sees wildest price swings since 2016

2019-07-09 06:30

The gold market is seeing the biggest price swings since late 2016 as traders and investors struggled to read when the US Federal Reserve may cut interest rates.

Gold resumes trek higher as weak economic data point to stimulus

2019-07-02 09:02

Prices rose after factory activity across Asia and Europe shrank in June, while the US showed only meager growth, according to purchasing managers’ indexes.

Gold gains to near highest since 2013 as bulls ‘back in control’

2019-06-24 09:11

Prices extended their advance above $1 400 an ounce, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy.

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.