Tag: gold bullion
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Gold Exempt from Tariffs, Relief for Bullion Industry Expected
The White House recently announced exemptions from reciprocal tariffs, providing relief to the numismatic and bullion industry. Gold has been explicitly spared from these duties, while silver, platinum, and palladium are expected to be included, pending further confirmation. The National Coin & Bullion Association is closely monitoring these developments. In an official fact sheet released…
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Investors Turn to Gold and Silver Amid Trade Uncertainties and Tariff Pause
Amidst ongoing trade uncertainties and following U.S. President Donald Trump’s announcement of a temporary tariff pause for certain consumer electronics, investors have turned to safe-haven assets like gold and silver. As Asian markets traded higher on April 14, the demand for these precious metals remained strong. CHOW SANG SANG 999.9 24K Solid Gold Chinese Gifting…
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Gold Miners Benefit from Surge in Shares Amid Rising Bullion Price
Gold miners are experiencing a surge in their shares as the price of bullion is on track for its most significant increase since October 2023. The value of spot gold has risen by 3.4% to $3,085.50 per ounce, driven by a surge in safe-haven investments amidst escalating trade tensions between the United States and China.…
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Gold and Silver Prices React to Trump Tariffs, Trade Uncertainties
Gold prices took a significant hit alongside a sharp decline in silver prices as US President Trump unveiled extensive trade tariffs. The announcement, which exempted ‘bullion,’ led to a notable convergence in price differentials between New York Comex futures and London bullion markets. CHOW SANG SANG 999.9 24K Solid Gold Chinese Gifting Collection New Year…
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Commodities Prices Plunge Amid Market Contagion and Investor Panic
Gold, copper, and oil prices took a hit as market contagion spread, triggering a wave of panic among investors. The spot prices for gold bullion tumbled by as much as 3.2% to $2,364.43 per ounce on Monday, signaling a broader downturn in the commodities market. This downturn was fueled by growing concerns over global economic…
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Gold Prices Hit Record Highs Amid Market Volatility and Trade Uncertainty
Gold bullion prices soared to new heights, breaking all-time records in both the US Dollar and UK Pound markets. This surge came alongside a significant rebound in Asian and European stock markets, while US equities experienced a downturn. The tech-heavy Nasdaq index saw a sharp reversal, erasing nearly half of its previous impressive rally, following…
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Golden Opportunity: 3 ASX ETFs for Bullion Investors
Investing in gold has become a compelling option for many investors, particularly with the surge in gold prices and the performance of gold exchange-traded funds (ETFs) on the Australian Securities Exchange (ASX). The value of gold has experienced a remarkable increase over the past couple of years, with the price of an ounce of gold…
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Running By Leads Field in 2024 VOBIS Gold Bullion Race
Running By emerged as the frontrunner in the VOBIS Gold Bullion race set to take place in 2024. The event, scheduled for Saturday, 21st December 2024 at Pakenham racecourse, will witness a competitive field vying for victory over a distance of 1400m at 3:05pm AEDT. Among the contenders are Umgawa trained by Leon & Troy…
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Olympio Metals Joins Bullion Gold: Bousquet Property Transaction and Financing Deal
Olympio Metals, a prominent player in the mining industry, has recently entered into a significant transaction with Bullion Gold Resources Corporation, marking a significant development in the realm of gold bullion. This strategic move involves the Bousquet property and a financing arrangement that has captured the attention of market observers. Under the terms of the…