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Global gold prices peaked

When the US session started on August 16, the world spot price of gold shot up, setting a record of 2,494 USD an ounce....

Global gold prices spiked further in the evening

The price of gold rose substantially to $2,444.5 USD/ounce on August 12 evening, up around $20 USD/ounce from the previous weekend. As a result,...

Global gold prices spiked higher

Due to heightened demand for shelter, the price of an ounce of gold jumped by 40 USD yesterday, breaking a five-session losing trend. At the...

For three months, China did not purchase gold reserves

Up until the end of July, when the price of the precious metal spiked, China's Central Bank did not purchase gold for three months...

Gold was sold off globally

In the midst of a global financial market collapse, every ounce of gold is presently losing more than 70 USD. Right now, one ounce...

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