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HONG KONG: China should increase its gold holdings to around 5% of its total foreign exchange reserves to help diversify currency risks, the World Gold Council (WGC) said.
BENGALURU: Gold prices edged higher on Thursday, hovering below the 15-week high hit in the previous session, supported by trade worries and a possible U.S. rate cut, even as some investors locked in profits in bullion after a recent rally.
LONDON: Reports that AngloGold Ashanti Ltd is considering a London listing provide some festive cheer to a city that’s lost its way as a home for gold miners.
BENGALURU: Gold prices climbed on Monday, holding ground near a six-month high hit last week, as investors remained concerned about political uncertainty in the United States and global economic slowdown.
LONDON: Canada's Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world's largest gold producer in an industry under investor pressure to put capital to good use
KUALA LUMPUR: Borneo Aqua Harvest Bhd has successfully commissioned its gold processing plant and yielded its maiden gold dore bar from its mining project in Tawau, Sabah.
MUMBAI: Physical gold demand lacked vigour in most Asian hubs this week amid a slight dip in prices, while the yellow metal switched to a premium in India for the first time in over 1½ months due to a correction in local rates.
SYDNEY: Remember gold?