Gold rose in New York before minutes from the U.S. Federal Reserve’s June meeting that traders will study for clues to the timing of higher borrowing costs. Palladium climbed to the highest since February 2001. Investors are adding to bets
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New gold trade initiatives are planned in Singapore, Dubai and Shanghai this year as the trading community looks to cash in on a new appetite for the yellow metal in eastern markets. Singapore and Dubai plan to introduce a physical
Germany has decided its gold is safe in American hands. Surging mistrust of the euro during Europe’s debt crisis fed a campaign to bring Germany’s entire US$141 billion gold reserve home from New York and London. Now, after politics shifted
Gold rose above $1,310 an ounce on Thursday, gaining almost three per cent as a drop in the dollar and a lack of commitment by the US Federal Reserve to raise interest rates sent metal investors rushing to buy back
BEIJING—China’s increasing appetite for bling is giving some spark to the moribund gold market. Gold prices are up 4% in the past week, hitting a three-week high of $1,334.70 an ounce on Monday. A big factor behind the rise is