• Russia's keeps stockpiling gold as bullion prices continue to surge

    3 monthes ago - By RT

    Russia has continued filling its coffers with gold, having added almost 7 tons of the precious metal to its reserves in January.
    The country's total gold holdings amounted to 73.2 million troy ounces as of February 1, and are worth around $116 billion, according to the latest data from the Central Bank of Russia .
    The bullion stockpile comes at a time of gold price skyrocketing to a 7-year high, as traders have turned to traditional safe havens amid the coronavirus outbreak. The precious metal soared to $1619.20 per ounce on Thursday.
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  • Dollar tramples yen and safe-haven status, gold gains

    Dollar tramples yen and safe-haven status, gold gains

    3 monthes ago - By Reuters

    The strong dollar got stronger on Thursday, rising to a three-year high against a basket of trading partner currencies, after a steep slide in the Japanese yen called into question its safe-haven status while the rally in U.S. equities took a pause.
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  • Gold surges to 7-year high as investors seek safety trade

    3 monthes ago - By CNBC

    Gold is trading at a 7-year high as investors pile into safety trades amid ongoing fears over the impact of the coronavirus outbreak.
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