Gold on Tuesday suffered its worst trading day in 17 months after a recovery in the value of the US dollar and seven-year highs for yields on the country's government bonds.
IMF Managing Director Christine Lagarde warned that a surge in trade protectionism could sap the momentum of the global economic upswing.
Argentina is to start talks about a financing deal with the International Monetary Fund (IMF) on Wednesday amid reports it is seeking $30bn.
The Managing Director of Sukari Gold Mining Company, Youssef el-Raghy, told Egypt Today that the first large-scale modern gold mine in Egypt has produced 106.7 tonnes of the yellow metal since it started operations in 2010.
Washington’s renewed sanctions on Tehran supports China’s newly established oil futures, analysts say.
It’s not just countries that are at risk of contagion.
Today, the national debt stands at more than $21 trillion.
The big six central banks now own 40% of global GDP, which is more than double the 17% they held before the financial crisis.
Gasoline prices are expected to reach $3 as a national average for unleaded gasoline this summer, a four year high.
Turkish gold imports surged due to a sharp increase in investment demand as well as renewed Central bank purchases.