Showing 1 to 8 of 8 results
Hong Kong to become a major gold trading hub
Hong Kong's Chief Executive, John Lee, announced plans to establish Hong Kong as a regional gold reserve center, aiming to increase gold storage capacity to over 2,000 tons within three years and attract more investment.
Hong Kong to become a major gold trading hub
Hong Kong's Chief Executive, John Lee, announced plans to establish Hong Kong as a regional gold reserve center, aiming to increase gold storage capacity to over 2,000 tons within three years and attract more investment.
Progress
44% Bias Score
US Gold Tariffs Trigger Market Surge
The US imposed surprise tariffs on one-kilogram and 100-ounce gold bars, causing prices to surge to a record $3,534.10 in New York and creating uncertainty in the global gold market, especially for Switzerland, Hong Kong, and London.
US Gold Tariffs Trigger Market Surge
The US imposed surprise tariffs on one-kilogram and 100-ounce gold bars, causing prices to surge to a record $3,534.10 in New York and creating uncertainty in the global gold market, especially for Switzerland, Hong Kong, and London.
Progress
40% Bias Score
Market Volatility Highlights Divergence in Asset Classes
This week's market saw a short-lived stock surge following a tariff pause, but the simultaneous decline in government bonds and the US dollar, coupled with a gold price increase, indicates investors are moving away from US assets due to uncertainty surrounding US policy.
Market Volatility Highlights Divergence in Asset Classes
This week's market saw a short-lived stock surge following a tariff pause, but the simultaneous decline in government bonds and the US dollar, coupled with a gold price increase, indicates investors are moving away from US assets due to uncertainty surrounding US policy.
Progress
48% Bias Score
China's Gold Market: Production Up, Consumption Down
In 2024, China's gold production rose slightly to 377.24 metric tons, while consumption fell 9.58 percent to 985.31 tons; jewelry consumption dropped significantly, but bar and coin demand increased substantially; the People's Bank of China added 44.17 tons to its gold reserves.
China's Gold Market: Production Up, Consumption Down
In 2024, China's gold production rose slightly to 377.24 metric tons, while consumption fell 9.58 percent to 985.31 tons; jewelry consumption dropped significantly, but bar and coin demand increased substantially; the People's Bank of China added 44.17 tons to its gold reserves.
Progress
32% Bias Score
US Imposes 39% Tariff on Swiss Imports
The US imposed a 39% tariff on Swiss imports, citing a $48 billion trade deficit and alleging unfair market access; this affects 18% of Swiss exports and could significantly harm Switzerland's economy.
US Imposes 39% Tariff on Swiss Imports
The US imposed a 39% tariff on Swiss imports, citing a $48 billion trade deficit and alleging unfair market access; this affects 18% of Swiss exports and could significantly harm Switzerland's economy.
Progress
48% Bias Score
Tasiast Mine Mill Fire: Kinross Gold Halts Operations Temporarily
A mill fire at Kinross Gold Corporation's Tasiast mine in Mauritania on April 14, 2025, temporarily halted mill operations, but mining continues; no injuries were reported, and the company anticipates no change to its guidance.
Tasiast Mine Mill Fire: Kinross Gold Halts Operations Temporarily
A mill fire at Kinross Gold Corporation's Tasiast mine in Mauritania on April 14, 2025, temporarily halted mill operations, but mining continues; no injuries were reported, and the company anticipates no change to its guidance.
Progress
32% Bias Score
China's Gold Market: Production Up, Consumption Down in 2024
In 2024, China's gold production rose slightly to 377.24 metric tons, while consumption fell 9.58 percent to 985.31 tons; this decrease was largely driven by a 24.69 percent drop in jewelry demand, offset somewhat by a 24.54 percent rise in investment demand for gold bars and coins; the People's Ban...
China's Gold Market: Production Up, Consumption Down in 2024
In 2024, China's gold production rose slightly to 377.24 metric tons, while consumption fell 9.58 percent to 985.31 tons; this decrease was largely driven by a 24.69 percent drop in jewelry demand, offset somewhat by a 24.54 percent rise in investment demand for gold bars and coins; the People's Ban...
Progress
16% Bias Score
Yerevan Gold Market Workers Protest 10% Tax Increase
Hundreds of Yerevan gold market workers protested a 10% tax increase on small and medium-sized businesses, implemented January 1st, citing increased paperwork, potential fines, and the high cost of gold making honest work nearly impossible; five protesters submitted a request for a meeting with gove...
Yerevan Gold Market Workers Protest 10% Tax Increase
Hundreds of Yerevan gold market workers protested a 10% tax increase on small and medium-sized businesses, implemented January 1st, citing increased paperwork, potential fines, and the high cost of gold making honest work nearly impossible; five protesters submitted a request for a meeting with gove...
Progress
44% Bias Score
Showing 1 to 8 of 8 results