LONDON, 12 April 2022 - Data and analysis from BullionVault features today in an update on the gold investment market from UK finance professionals' magazine site Wealth Adviser."The number of people buying securely stored and insured gold rose by 54.3 per cent in March," says the report, quoting BullionVault's latest Gold Investor Index data, "the fastest monthly increase since the outbreak of th...Read More
LONDON, 7 April 2022 - Data and analysis from BullionVault is featured today by a report on the gold investment market from inews, the website of UK newspaper the i."With inflation and the Ukraine crisis dominating the headlines, new interest in gold has jumped at the fastest pace since the start of the pandemic," the report quotes BullionVault, "but there isn't any panic or rush into precious met...Read More
LONDON, 5 April 2022 - Comment from BullionVault leads today's gold-price report from leading US financial news-site MarketWatch."Other things equal, bond yields rising to multi-year highs would typically knock gold lower," MarketWatch quotes Adrian Ash, director of research at BullionVault."But with the purchasing power of cash so clearly diminished since bond yields were last at this level, the...Read More
LONDON, 18 March 2022 - Comment from BullionVault director of research Adrian Ash is featured today in a report from UK finance professionals' magazine site Wealth Briefing on the Bank of England's latest interest-rate rise."Tweaking bank rates by only a quarter-point is beyond a joke," says Adrian."Returns to cash savers haven't been this far behind inflation since the Sterling crisis of the mid-...Read More
LONDON, 11 March 2022 - BullionVault is named today as a way to invest in physical gold by French national newspaper Le Monde."Despite the price rise, it is not too late to buy some gold bullion with certain banking agencies, with specialised organisations or even online with certain platforms," says the paper.Subscribers can read the full story at Le Monde here:Est-ce le moment d'acheter des ling...Read More
Investing in gold is a smart investment. But why? Gold hasbeen valued for centuries and for good reason! It's rare, durable, and can beused to make jewelry or electronics. Plus, it's not affected by inflation so nomatter what happens with the economy it'll always have some value. But beforeyou invest in gold there are a few things you need to know - what type of goldshould you buy? How do you stor...Read More
Gold is still running on thewar-fumes, but its last moves bring to mind only bearish associations. Worseyet, a rising dollar appeared on the horizon.On the technical front, we saw that the juniormining stocks moved higher in the first part of the session, butthen declined and ended the day practically unchanged. Why did junior miners rally initially?Perhaps for technical reasons. They were moving...Read More
The calm of the last 3-weeks has resulted in a risk-on environment. This, in turn, has led to a nice recovery rally in stocks. For the time being, volatility has subsided. However, we believe there are many underlying market risks that can still resurface without any warning.From late 2015 to August 2020, the price of gold doubled, going from approximately $1040 to $2080. Gold then experienced a p...Read More
PREDICTIONS FOR $20K GOLDGold at $20,000 is the latest price prediction from a high profile analyst. The article I read makes a strong case for how the gold price could go to $20,000 oz. if the US dollar loses ninety percent of its current value.That part of the explanation is correct. And it is what I have been saying in my articles over and over again; namely, a higher gold price reflects...Read More
The company said 62% of the measured and indicated resource is above a 1g/t cut-off and 40% above 2.2g/t. The update increases measured and indicated resources by 9% to 2.Read More
These resources will be used in an updated KSM pre-feasibility study (PFS) expected in June which will incorporate East Mitchell into KSM's mine plans for the first time.Read More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSORED Stationary electricity storage batteries using zinc in their chemistry have been around for decades but never taken off like the...Read More
Emerging developer OreCorp is building momentum as it focuses on delivering first gold in 2024 at its high-grade, 3.1 million ounce Nyanzaga gold project in Tanzania.It's set to be the country's first large-scale gold mine in more than a decade and the first built under the new regulatory regime led by Her Excellency, President Samia Suluhu Hassan, who took on the top job following John Magufuli's...Read More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDGenesis Minerals directors draped their new business strategy, launched last week, in a "unique executive remuneration structure".Read More
News: US retail supporting the market with steady demand, but dealer trading slow amid price uncertainty, China lockdown and Russian sanctions. US places Alrosa on OFAC Specially Designated Nationals list, blocking all US transactions with or benefiting the miner. American Gem Society urges members not to buy Russian-sourced diamonds even if cut outside of Russia and to require suppliers to sign e...Read More
RAPAPORT... Chow Tai Fook saw sales decline in the fourth fiscal quarter as the latest surge of Covid-19 infections impacted retail in China and Hong Kong. The jeweler's retail sales value climbed 8.5% year on year for the three months that ended March 31, but that was a sharp drop from the 31% growth it had registered in the previous quarter. Revenue rose nearly 12% on the mainland, but fell...Read More
RAPAPORT... The Fuchsia Rose diamond surpassed its presale estimate at Christie's New York on Wednesday, achieving $6.78 million in the Magnificent Jewels auction.The 8.82-carat, fancy-intense-purple-pink, potentially internally flawless diamond ring comfortably beat its $4 million to $6 million estimate, bringing in just under $770,000 per carat and underscoring the strong demand for high-value j...Read More
pastingRAPAPORT... Tiffany & Co. had a strong start to 2022, helping to power growth at parent company LVMH, the luxury conglomerate said Wednesday. LVMH reported a 24% rise in jewelry and watch sales year on year to EUR 2.34 billion ($2.53 billion), thanks to an exceptional performance from Tiffany and solid momentum from other brands such as Bulgari. The division saw 19% organic growth,...Read More
(IDEX Online) - A US jewelry retailer is facing legal action from three "whistleblowers" who allege they were fired for exposing a foreign gray market conspiracy involving Rolex watches.CD Peacock, which operates three stores in the Chicago area, says it will vigorously defend the action, and says in a statement that the "former disgruntled employees ???,? ? were terminated for cause".A similar ca...Read More
(IDEX Online) - The World Diamond Council (WDC) says it has terminated Alrosa's membership.The move follows Russia's invasion of Ukraine, although the WDC made no mention of the war in a brief statement posted on its website.It said: "The termination of membership includes the cessation of any rights and benefits afforded to the WDC members, such as a seat on the Board of Directors, and...Read More