Author: Bullion Index
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Gold prices surge to record highs in China, triggering market warnings.
Gold prices reached a new high of $3500 per ounce, triggering warnings from Chinese authorities about irrational trading behavior, reminiscent of a previous gold investment surge in China. Concurrently, the Dollar strengthened after hitting a 3-year low, and US stock markets recovered following President Trump’s criticism of Federal Reserve chairman Jerome Powell. KUNANG Gold Bar…
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Indonesia Launches First Bullion Banks to Boost Domestic Gold Sector
Indonesia, a major gold producer, has taken a significant step in boosting its commodity sector by launching the nation’s first bullion banks. President Prabowo Subianto initiated these banks to provide gold deposit services, aiming to retain gold stocks within the country. Despite being a top gold producer, a considerable amount of gold mined in Indonesia…
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People’s Bank of China Unveils Chinese Dragon Silver Commemorative Bullion Coins
In the realm of precious metal investments, the People’s Bank of China has unveiled a captivating addition to the market with their new Chinese Dragon Silver Commemorative bullion coin range. This launch comes at a time when global demand for silver coins is on the rise, presenting a fresh opportunity for collectors and investors alike.…
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Discovery of Rhodium: Earth’s Scarcest Precious Metal Enriches Industries
In 1800, English scientist William Hyde Wollaston stumbled upon a rare and unknown metal while experimenting with platinum ore, leading to the discovery of rhodium, the Earth’s scarcest and costliest precious metal. iwa concept Shiny Metal Ayatul kursi | Islamic Ramadan Wall Decorations | Modern Muslim Housewarming Gift | Arabic Calligr… | $181.90 Rhodium, symbolized…
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India to Reevaluate Trade Deal with UAE Over Precious Metals Surge
India is looking to reevaluate its trade agreement with the United Arab Emirates following a surge in precious metals imports from the Middle Eastern nation. There are concerns that some traders may be exploiting tax loopholes, prompting trade officials to consider a review of the Comprehensive Economic Partnership Agreement between the two countries. Among the…
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Gold, Silver, Platinum, and Palladium Exempt from 10% Tariff in U.S.
In a significant development for the numismatic and bullion community, gold, silver, platinum, and palladium have been granted exemption from the 10% baseline tariff on imports from all countries. This exemption, announced by the White House in a fact sheet released on April 2, 2025, ensures that precious metals remain tariff-free under President Trump’s trade…
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Gold Miners’ Stocks Surge as Gold Hits Record High Amid Trump’s Remarks
London-listed gold miners experienced a surge in their stock prices as the value of gold reached a record high, surpassing $3,500 per ounce. This spike was triggered by remarks from U.S. President Donald Trump criticizing Federal Reserve Chair Jerome Powell, leading investors to seek the safety of gold. PAYDIRT: Mining for Profits with Gold &…
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Gold Investment Strategies: Analysts Weigh In on Metal’s Future Trajectory
Gold has always held a special allure for investors, its price surge drawing in enthusiasts seeking to diversify their portfolios. While equity markets have proven lucrative for many, the enduring appeal of gold remains steadfast. Analysts are now weighing in on gold investment strategies, offering insights into the metal’s future trajectory. Gold Brick Real |…