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Bullion Index – Precious Metals
Gold – Silver – Platinum – Palladium – Rhodium – Copper

Tag: safe haven asset

  • Gold Surges to Record Highs Above $3300 Amid Dollar Decline

    Gold Surges to Record Highs Above $3300 Amid Dollar Decline

    Gold prices soared to new all-time highs, surpassing $3300 per Troy ounce in London’s bullion market, driven by a weakening Dollar and escalating US-China trade tensions. The Dollar’s decline and global stock market volatility coincided with gold’s 8.5% surge in a week, marking a 22.0% increase since Donald Trump’s second inauguration. CHOW SANG SANG 999.9…

  • Gold Prices Hit Record Highs Amid Market Volatility and Trade Uncertainty

    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…

  • China’s Gold Premium Surges Amid Escalating Trade Tensions

    China’s gold premium surged amid escalating trade tensions, marking a significant spike in Shanghai’s gold prices compared to global rates. This surge came as Beijing vowed to combat US trade tariffs and bolster Chinese corporations through strategic investments. As global markets reacted to the trade war uncertainties, London bullion prices saw fluctuations, with Asian and…

  • Turkey Recognizes Palladium as Precious Metal, Authorizes Bank Trading

    Türkiye has officially recognized palladium as a precious metal, authorizing banks to engage in various trading and financial activities involving this rare and valuable metal. This regulatory change, announced in the Official Gazette, allows Turkish banks to offer palladium deposit accounts, issue loans backed by palladium, and facilitate precious metal loans using palladium as collateral…