The gold standard fixed currency value to a set gold amount, limiting inflation by tying the money supply to gold reserves. The U.S. abandoned the gold standard in 1971 under Nixon, shifting to ...
Gold looks set to post its strongest yearly performance in 45 years after marking multiple record highs throughout 2024, with central-bank demand among the metal’s biggest drivers. Policy ...
Earlier on 27 November, BAJUS had raised the price of gold by Tk1,154 per bhori. Keep updated, follow The Business Standard's Google news channel Under the updated pricing, the cost of good quality 22 ...
Gold has become a significant strategic resource for the Russian government since the invasion of Ukraine. According to the latest RAND Europe research, Russia has been using gold as a means to ...
Start your Independent Premium subscription today. China says it has discovered the world’s largest known deposit of gold, estimated to be worth over $80bn (£63bn). The deposit at the Wangu ...
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Dollar up 0.7%, set for it best day in nearly 4 weeks Expect choppy, consolidative gold market into year-end - analyst Most brokerages see 25-bps rate cut in December US ADP employment report ...
A mining group in which the financier Nick Candy is the largest shareholder is poised to swoop on a London-listed gold explorer to create an enlarged group worth more than £150m. Sky News has ...
What is being dubbed as the largest gold deposit in the world has been found in China, state outlet Xinhua news said. The gold reserves are worth 600 billion yuan, according to Reuters ...