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Bullion Index – Precious Metals

Tag: gold

  • Gold Prices Soar, Central Banks Drive Record Rally

    Gold prices have experienced a remarkable surge in 2025, reaching an unprecedented high of over $3,000 per ounce, reflecting a significant 13.6% increase. This surge has been primarily fueled by escalating geopolitical tensions and economic uncertainties, prompting investors to seek refuge in safe-haven assets like gold. However, the rally’s sustainability hinges not only on current…

  • Gold Coast Suns Face Tough Challenge Against West Coast Eagles

    In the upcoming AFL Round 1 match of the 2025 season, the Gold Coast Suns are set to face a tough challenge against the West Coast Eagles at Optus Stadium. The Suns, despite being favored on paper, have a history of struggling on the road, making this an intriguing matchup. The Suns, under the leadership…

  • Man on Trial for Gold Toilet Theft Claims Ignorance, Jury Told

    In a courtroom drama unfolding at Blenheim Palace, a man stands accused in connection with the theft of a valuable golden toilet. The jury was informed that there is a lack of evidence to suggest that the accused, a gold dealer from west London, was aware that the gold he was handling had been stolen.…

  • Gold Rush: Uncovering Secrets Behind the Precious Metal’s Soaring Value

    In the realm of precious metals, Gold stands as a beacon of value and allure, captivating both investors and enthusiasts alike with its timeless appeal and enduring worth. The saga of Gold’s ascent to prominence is a tale steeped in history, tracing back to ancient civilizations that revered it for its brilliance and scarcity. The…

  • Gold Surges Above $3,000/oz in Record Safe-Haven Rally

    Gold has broken a significant milestone, surging above $3,000 per ounce in a remarkable rally that marks a historic moment for the precious metal. This surge comes as investors flock to gold as a safe-haven asset amidst economic uncertainties triggered by the tariff disputes initiated by US President Donald Trump. The price of gold reached…

  • Guests Evacuated as Fire Engulfs Hilton Hotel on Gold Coast

    A fire incident at a renowned hotel on the Gold Coast led to the evacuation of guests as flames engulfed the Hilton Surfers Paradise Hotel. The fire initially started on the hotel’s roof, with falling debris causing a second fire on a lower level. The incident sparked panic and required swift action to ensure the…

  • Gold Holds Steady as Crude Prices Hover: Market Analysis

    In the current market scenario, with gold prices holding steady and WTI crude prices lingering near recent lows, the natural gas price is experiencing a decline. Gold, maintaining its sideways movement, struggles to surpass the $2930 mark, facing resistance at $2880 to prevent further decline. Although a slight rebound on Tuesday pushed the price back…

  • Hamelin Gold Unveils Potential ‘Large-Scale’ System at Anderson Project

    Hamelin Gold, a mining company based in Perth, Western Australia, has uncovered promising indications of a potentially significant gold system at the Anderson Project in Western Australia. Recent soil sampling results have revealed a 3km-long corridor with gold anomalies that are believed to signify underlying gold mineralization in the bedrock. The company’s aircore drilling efforts…

  • Australia’s Gold Production Hits Record High: 296 Tonnes in 2024

    Australia’s gold production soared to a new pinnacle in 2024, reaching an impressive 296 tonnes, as reported by Surbiton Associates. This milestone underscores the country’s significant role in the global gold market. The surge in gold production reflects Australia’s rich mineral reserves and robust mining industry. Gold has long been a cornerstone of Australia’s economy,…

  • Australian Gold Production Hits $10.4 Billion in Latest Quarter

    In the latest quarter, Australian gold production has surged to a value of $10.4 billion, marking a significant milestone in the country’s mining industry. Data released by consultants Surbiton Associates revealed that mining companies in Australia collectively extracted gold worth billions during the December 2024 quarter. This achievement underscores the robustness of the gold sector…