Billionaire and investor Sam Zell believes inflation will pick up steam in the coming years, which is why he bought gold as a defensive asset for his capital. BNN Bloomberg reported.
The World Gold Council (WGC) has published an overview of the gold market for the first quarter of 2021. It follows from it that during this period the global demand for investment gold in the form of coins and bars amounted to 339.5 tons. The outflow of
Statistics for the month of March 2021 showed that there is a noticeable increase in inflation in the United States and the Eurozone. The news helped the price of gold return again to the resistance level of $ 1,750 per troy ounce. Participants in the gl
The World Gold Council (WGC) recently released information on gold purchases from the Central Banks of Hungary, Poland and Serbia. At the same time, the Central Bank of Hungary tripled the country's gold reserves last month to 94.5 tons.
The Chinese authorities have decided to increase the import of gold into the country. According to the available information, banks will receive permission to import 150 tons of the yellow precious metal. And again, there was talk among analysts that Chin
The World Gold Council (WGC) has published a brief overview of the gold market for the first quarter of 2021. It says that the strong growth in interest rates on US government bonds and the strengthening of the dollar put pressure on the price of the yell
Wealthy investors with a large purchase order for gold prefer to invest in standard bullion coins. Additionally, they can buy other investment products made from precious metals. They supplement their gold reserves with a small amount of silver. They pref