Gold surged to a historic peak of $3,575 an ounce on Thursday, fuelled by intensifying demand from investors seeking safety amid growing economic and geopolitical uncertainty. The rally comes on the back of expectations that the US Federal Reserve will cut interest rates this month, a weakening dollar, and record central bank purchases of bullion. […]
Gold prices nailed another historic peak on Tuesday and oil extended gains over rising tensions in the Middle East, while stocks wilted as traders worried whether the rally has run its course. The haven precious metal advanced as high as $2,266.85 per ounce in morning London deals to extend its blistering record-breaking run, driven also […]
The allure of gold has been constant throughout history, captivating the minds of people and underpinning the economies of nations. Buy Gold Coins not only to own a piece of history but also to participate in an enduring investment that has captivated minds and underpinned economies throughout the ages. For a newcomer, the journey begins with […]
The Federal Government through a recently approved policy has banned the export of raw gold, gemstones and other mineral deposits. The Minister of Mines and Steel Development, Mr Olamilekun Adegbite, said this when he featured on the News Agency of Nigeria (NAN) flagship programme in Abuja. He said the policy known as “Down Stream Mineral […]
The Federal Government has agreed to track the massive illegal gold migration from Nigeria to Dubai in collaboration with the United Arab Emirates (UAE). This is a response to the daily illegal movement of large quantities of gold from Nigeria to Dubai, with the gold passing through the UAE police unnoticed, despite the fact that […]
Thin trading was the biggest feature of global markets on Tuesday, with stocks in emerging nations turning lower and most major currencies lacking direction as many countries remained on holiday. The euro declined, gold rose, and U.S. Treasuries edged downward. Equities were shut across the large European markets, as well as in parts of Asia […]