US-China, Gold
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By Anushree Mukherjee (Reuters) -Gold prices fell on Friday after notching a record high above the $4,300 an ounce level earlier in the session, after U.S. President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable.
Doug McIntyre and Lee Jackson discuss the recent surge in gold prices, which have climbed toward $4,000 per ounce after years of steady gains. Lee explains that gold’s rise is being fueled by investors seeking alternatives to an overheated stock market and by heavy buying from central banks,
China’s restrictions on rare earths is a reminder of a much deeper problem, as countries scramble for key resources in a bid to secure their future.
By Sherin Elizabeth Varghese (Reuters) -Gold prices fell more than 2% on Friday after hitting a record high above $4,300 per ounce, pressured by a firmer dollar and U.S. President Donald Trump's comment that a "full-scale" tariff on China would be unsustainable.
Gold for December delivery, a most-active contract, was up 2.8% at just above $4,110 per ounce Monday morning, amid lingering concerns about U.S.-China trade tensions and in contrast to the optimism being seen in U.
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The New Gold Rush
When Ghanaian President John Mahama returned to power in January, he made fighting galamsey a signature policy. He banned foreigners from trading gold inside Ghana to crack down on smuggling networks and established a state regulator, GoldBod, to streamline revenue and supply chains. New police patrols raid illegal mines and seize equipment.
VCG. A large gold mine was recently discovered in Yumen, Northwest China's Gansu Province, with newly added gold reserve exceeding 40 tons, equivalent to the
Gold prices are soaring, reaching historic highs as China announces the discovery of its largest gold deposit, potentially holding over 1,000 metric t