The Perth Mint remains well regarded internationally despite past issues, a senior executive at the World Gold Council has said. In 2023 an investigation found the mint had sold gold to China that measured 99.99% purity—acceptable by global standards but not compliant with China’s stricter limits on silver content. The inquiry also identified shortcomings in … Read more

Talks between the United States and Ukraine have resumed over a major agreement on critical minerals that could be worth as much as $500 billion, despite earlier tensions between President Trump and Ukrainian President Volodymyr Zelenskiy. Initially, Kyiv rejected a U.S. proposal that would have granted Washington 50% of the proceeds from Ukrainian mineral production, … Read more

Key Takeaways Gold rose $57 (+1.27%) to $4,565.99 on May 25 as the dollar weakened amid optimism around a US‑Iran framework to reopen the Strait of Hormuz, making gold cheaper for buyers who transact in non‑USD currencies. The Hormuz agreement is not finalized: leaders have said talks remain incomplete, Iran has not committed on nuclear … Read more

Key Takeaways: — The U.S. Treasury’s FY2025 consolidated financial statements report a negative net position of $41.72 trillion.— When unfunded Social Security and Medicare obligations are included, total federal promises exceed $136.2 trillion.— The Government Accountability Office declined to certify the government’s financial statements for the 29th consecutive year. The U.S. government’s own accounts reveal … Read more

Consumer confidence has declined for a fifth straight month, sliding to its lowest level since early in the COVID-19 pandemic. The Conference Board’s Consumer Confidence Index fell to 86 in April, down from 92.9 in March and below economists’ consensus of 88. Of particular concern is the Expectations Index, which plunged to 54.4 — its … Read more

The South African rand rose 0.4% against the US dollar on Tuesday, supported by a surge in gold prices that reached a record high of $3,018.66 per ounce. As one of the world’s leading producers of precious metals, South Africa stands to gain if mining companies ramp up production to take advantage of sky‑high gold … Read more

The world’s known gold reserves total approximately 244,000 metric tons. That number sounds immense until you consider it on a per-person basis: with a global population near 8 billion, the available gold works out to a surprisingly small amount for each individual. Breaking the total down, every person would receive roughly 30 grams of gold. … Read more

The London gold fixing has influenced global gold markets for more than a century, providing benchmark prices that guide billions of dollars of transactions each day. In 2015 the traditional twice-daily telephone auction was replaced by the LBMA Gold Price, but the core mechanics of price discovery and the forces that drive gold values remain … Read more

You bought gold. Maybe from a big-box retailer, a local dealer, or years ago as a hedge against inflation. Now you’re facing an important question every investor eventually asks: How do I sell gold safely and profitably? Knowing how to buy precious metals is only half the plan. Knowing how and where to sell them … Read more

In the first half of 2025, China’s combined gold supply for jewelry, investment and industrial use — from both imports and domestic mining — reached 505.205 tonnes, a decline of 3.54% from the 524 tonnes recorded in the same period of 2024. According to the China Gold Association, the reduction reflected weaker consumer spending, softer … Read more