Is Gold Standard coming back?
Several countries have begun to trade in currencies other than the dollar as the US-led West continues to use punitive sanctions as a foreign policy tool — sanctions designed to…
Trump’s Golden Dome looks for alternatives to Musk’s SpaceX
The Trump administration is expanding its search for partners to build the Golden Dome missile defense system, courting Amazon.com’s Project Kuiper and big defense contractors as tensions with Elon Musk…
UBS, Goldman passed on opening bank accounts for US-backed Gaza aid foundation
UBS declined a request by the Gaza Humanitarian Foundation (GHF) to open a bank account in Switzerland while Goldman Sachs did not set up a Swiss account for GHF after…
Temper, tantrums, trust and gold
Gold has been mankind’s ultimate financial refuge since Biblical times. From the treasure vaults of Pharaohs to portfolios of modern ‘masters of the universe’ money managers, the yellow metal has…
Gold volatility has risen
The Federal Reserve’s decision to keep its policy rate steady was the most significant economic development of the past week. Their announcement suggested that the economy might face some challenges…
Too late to buy gold?
Gold’s relentless climb toward record highs is no mystery for Mr Market. In a world where financial markets are dictated as much by fear as by fundamentals, it only means…
‘White gold’ under black shadows
Textile sector of Pakistan is facing many internal and external challenges including energy affordability and availability, current account deficit, shortage of raw material, credit availability, lack of institutional support, infrastructure…
Gold’s panic
“Whoever has the gold makes the rules" – a timeless adage now facing a dramatic test. Three key players in the global gold market – the London Gold Exchange (LGE),…
New technology aids Brazil’s crackdown on illicit Amazon gold trade
Harley Sandoval, an evangelical pastor, real estate agent and mining entrepreneur, was arrested in July 2023 for illegally exporting 294 kilos of gold from Brazil’s Amazon to the United States,…
Biden officials issue permit for Perpetua’s Idaho antimony and gold mine
The Biden administration on Friday issued the final mining permit for Perpetua Resources’ Idaho antimony and gold project, a move aimed at spurring US production of a critical mineral at…
