Gold extends gain on China's vow for policy stimulus
Gold prices extended gains on Tuesday, buoyed by top consumer China's pledge to ramp up policy stimulus to help spur economic growth, with investors awaiting U.S. inflation data for further insights into the Federal Reserve's interest rate outlook.
China's leaders vow more 'relaxed' monetary policy in 2025
Chinese President Xi Jinping and other top leaders said Monday they would adopt a more "relaxed" approach to monetary policy as they hashed out plans to boost the economy next year."Next year we
China vows ‘more active' fiscal stimulus measures, ‘moderately' looser monetary policy next year
China’s leaders pledged “more active” fiscal and monetary policies next year to boost domestic consumption, according to an official readout on Monday of a key policy meeting that outlined economic priorities for the year ahead.
China vows to ramp up policy stimulus to spur growth in 2025
China will adopt an "appropriately loose" monetary policy next year, the first easing of its stance in some 14 years, alongside a more proactive fiscal policy to spur economic growth, the Politburo was quoted as saying on Monday.
China vows 'more proactive' fiscal stimulus measures, 'moderately' looser monetary policy
China's leaders pledged "more proactive" fiscal and monetary policies next year to boost domestic consumption, according to an official readout.
China vows to ramp up policy stimulus to spur economic growth in 2025
China will step up ‘unconventional’ counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption, state media Xinhua reported
Gold Holds Advance Before US Data That May Shape Fed Rate Move
Gold steadied after an advance as traders shifted focus to key US inflation reports due this week that may shape expectations ...
Treasury sanctions gold smuggling scheme participants in Zimbabwe
The Treasury Department announced on Monday that it sanctioned 28 individuals and businesses in connection with a complex ...
Takeaways from AP’s report on Chinese gold mining threatening endangered protected site in Congo
For eight years a Chinese mining company has been vastly expanding inside an endangered World Heritage Site, accused by ...
Gold weight drops in BCOM for 2025
With the release of the 2025 BCOM Target Weights, we see the weight of gold will fall to 14.29% during the annual ...
US, UK take aim at illicit gold trade in sanctions action
The United States and Britain on Monday announced a new wave of sanctions targeting what it said was the illicit gold trade, ...
Radisson Intersects Bonanza-Grade Gold at O’Brien with 1,345 g/t Gold Over 1 Metre in Likely Re-Discovery of Famous “Jewellery Box”
ROUYN-NORANDA, Quebec, Dec. 09, 2024 (GLOBE NEWSWIRE) -- (TSX-V: RDS, OTCQB: RMRDF) (“Radisson” or the “Company”) is pleased ...
Mining the Pacific – future proofing or fool's gold?
People living in the Pacific nation are divided on whether to push ahead with deep-sea mining for polymetallic nodules.
Why do central banks buy gold? Experts weigh in
Generally, gold buying increases when central banks expect inflation to rise. They hold these reserves long-term, using them ...
U.S. Treasury Names Bitcoin ‘Digital Gold’ After Price Explosion
Now, as Tesla billionaire Elon Musk's campaign against the spiraling $36 trillion debt pile spurs calls for a U.S. bitcoin ...
Gold firms as investors await US inflation data for Fed clues
Gold prices gained on Monday as investors awaited U.S. inflation data due this week for clues on the Federal Reserve’s next ...
Why physical gold remains a smart investment, according to experts
Experts say investors reap these five key benefits when they invest in physical gold: Physical gold has historically been a ...