Gold Steadies After Weekly Drop as Focus Shifts to Fed Meeting
Gold steadied after its biggest weekly drop since June, with traders weighing stubbornly high energy prices ahead of the Federal Reserve’s upcoming policy meeting.
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Gold steadied after its biggest weekly drop since June, with traders weighing stubbornly high energy prices ahead of the Federal Reserve’s upcoming policy meeting.
Gold ended the week 3.8% lower at US$4,012 an ounce as higher US yields and a firmer dollar weighed on bullion, silver and gold miners. The post Gold Slips 0.30% to US$4,012 as Yields Rise | Gold & Silver, Oct 23 appeared first on The Rio Times.
China is experiencing a gold rush as families buy more of it, but not necessarily to wear as jewellery.
The finance ministry says it shipped $889 million worth of the precious metal over the month, up 68.9 per cent from last year.
Swindlers have persuaded Norwegians into buying gold and leaving it in the forest as part of a growing investment fraud, according to the country’s banking lobby.
Bolivia's mining authority AJAM says it found over 100 excavators, 200 dump trucks and 500 people at a Potosí gold site with no valid title. The post Bolivia Gold Mining Site Had 100 Excavators appeared first on The Rio Times.
Dominican Republic resources in October 2026: gold at Pueblo Viejo, rare earths, rice, water and forests, who profits and the cost to nature. The post Dominican Republic Natural Resources Explained 2026 appeared first on The Rio Times.
Venezuela holds the largest oil reserves on earth, plus gas, gold, water and forest. Who extracts them, who profits and what it costs, as of October 2026. The post Venezuela Natural Resources Explained 2026 appeared first on The Rio Times.
Distinctive features will set Hong Kong apart from London, a major bullion hub, as the city accelerates efforts to develop an international gold and precious metals trading ecosystem covering the entire value chain, a minister has told the South China Morning Post. In an exclusive interview on Thursday, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said the city would officially launch a central gold clearing platform in the first quarter of next year. It would...
Beijing’s gold purchases reflect a shift away from reliance on US dollar assets, experts say.
Wall Street rebounded, the dollar slipped and gold gained 1.07% to US$4,156, even after US producer prices rose 1.3%. Friday's data and Brazil's real in focus. The post Dow Gains 1.08% as Dollar and US Yields Ease | Global Economy, Oct 16 appeared first on The Rio Times.
US consumer prices rose 3.7% over 12 months in September, above forecasts, while stocks, gold and silver fell and Fed rate hike odds rose. The post US Inflation Hits 3.7% as Gold, Silver Fall appeared first on The Rio Times.
Kazakhstan’s central bank is switching from being one of the world’s biggest buyers of gold to a seller, as high Treasury yields reinforce the need to rebalance its reserves.
The Dominican Republic economy, worth about US$127.9 billion, is shaped by three big banks, the state, old family groups and dollars from tourism and gold. The post Who Runs Dominican Republic’s Economy in 2026 appeared first on The Rio Times.