Central Banks Round Off 2022 With More Net Purchases in December
Published: Friday, 03 February 2023 01:01 | 
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Central banks resumed trend of consistent monthly net buying during 2022*...
Russians Bought Record Number of Gold Bars in 2022
Published: Friday, 03 February 2023 01:00 | |
| Russians bought an all-time record number of gold bars in 2022, finance ministry data showed on Friday, as tax cuts on precious metals encouraged people to stock up on bullion as a safe asset.
Axel Merk: Seeing Significant New Interest in the Precious Metals Sector
Published: Friday, 03 February 2023 12:52 | |
| Gold could shine brightly, similar to 2008, where investors seek safe haven amid uncertain economic conditions.
Gold Slides Over 2% As Robust Jobs Report Stokes Hawkish Fed Fears
Published: Friday, 03 February 2023 12:48 | |
| Gold prices dropped over 2% on Friday to a more than three-week low after stronger-than-expected U.S. jobs data raised fears that the Federal Reserve could keep hiking interest rates.
US Dollar To Weaken This Year, With Periods of Volatility and Bouts of Strength
Published: Friday, 03 February 2023 12:43 | |
| “The lion’s share of the tightening has now been completed by the Fed and there are elevated risks of recession as the impact of that tightening begins to play out this year. That is likely to mean the US Dollar weakens this year.”