Category : Change of Money
Ray Dalio, Paulson Keep Faith in Gold Amid Rate Hike Headwind
Billionaire hedge-fund managers John Paulson and Ray Dalio kept their faith in gold even as rising interest rates trim the metal’s gains.
China Gold Demand Off To Hot Start
It looks to be another boom year for gold.
Gold price crashes through $1,300
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.
China’s petro-yuan ‘thundering into action’ as Iran ditches US dollar in oil trade
Washington’s renewed sanctions on Tehran supports China’s newly established oil futures, analysts say.
Turkish Gold Imports Triple As The Central Bank Diversifies Out Of Dollars
Turkish gold imports surged due to a sharp increase in investment demand as well as renewed Central bank purchases.
Argentina raises interest rates to 40%
Argentina's central bank has raised interest rates for the third time in eight days as the country's currency, the peso, continues to fall sharply.
N. American gold ETF inflows at highest since September 2017
North American gold-backed exchange traded funds saw inflows in April at the highest since September 2017.
Bitcoin set for a sudden crash
Bitcoin set for sudden crash, billionaire 'blasts' crypto market and promises 'bad ending'.
Gold marks modest loss on dollar strength, oil-price surge
U.S. dollar index taps highest level since late December
The Indian rupee is under pressure
The Indian rupee, which hit its lowest in 15 months against the U.S. dollar on Monday, is expected to depreciate even more, analysts said.