Gold Rush Propels Thai Trading House to Record Heights
Unprecedented gold prices and a surge in retail sales may push revenue at Thailand’s largest gold trading house to a record 5 trillion baht ($156 billion) this year, according to Hua Seng Heng chief executive officer Tanarat Pasawongse. That amount would be bigger than even the government’s fiscal 2026 spending plan of about 3.8 trillion […]
Silver and Copper Outshine Gold as Preferred Metal Investments Amid Supply Concerns
Stock image. Silver and copper have replaced gold as the hot metal trade heading into 2026, with institutional and retail traders positioning for record rallies. Silver has nearly doubled this year, with most gains occurring in the past two months due to a historic supply squeeze in the benchmark London market amid surging demand from […]
ECB Urges Italy to Reevaluate Proposal on Gold Reserves
Stock image. Italy was urged by the European Central Bank to rethink a push to declare its gold reserves the property of its people, a move critics say could open the door to the government selling off bullion. In a legal opinion dated Tuesday, the Governing Council asked Premier Giorgia Meloni’s government to review the […]
Challenging Tasks Facing the U.S. and Canada Ahead
The Daunting Tasks ahead for the U.S. & Canada Greetings, Investors! I have a few goodies/homework assignments to share today! But first… This past week on Thursday, we had the clearest sign yet that the broad stock market is finally ready to lose a lot more air and come back a bit closer to Earth. […]
Rising Gold Prices Affect Demand in Key Asian Markets
Gold demand was subdued across major Asian markets this week, as high prices curbed retail buying even as India entered its wedding season, while in China, the removal of a tax exemption on gold purchases dented consumer appetite. This week, Indian dealers were offering a discount of up to $18 per ounce over official domestic […]
Power One Hits the Jackpot in Historic Uranium Region
Panoramic view from Elliot Lake’s fire tower, overlooking lush forests and the distant horizon under an overcast sky. Stock image. Power One Resources (TSXV: PWRO) announced the first-ever discovery of gold mineralization at its Pecors property, located about 10 km east of Elliot Lake, Ontario. This significant finding broadens the project’s exploration scope, which has historically […]
Deutsche Bank Reinvents Gold Trading, Reports Outstanding Earnings
Stock image. Deutsche Bank AG is mounting a return to the top table of precious metals trading a decade after it all but abandoned the business, notching up significant trading profits and applying to rejoin the inner circle of banks that play a central role in the market. The bank’s precious metals traders generated well […]
Bolivia Introduces Gold Bank to Regulate Chaotic Mining Boom
Bolivia’s new government plans to create a gold bank with public and private capital to ensure sustainable mining and marketing practices, Finance Minister José Gabriel Espinoza said. The administration of centrist President Rodrigo Paz, who took office this month following two decades of socialist rule, plans to continue state buying of locally mined gold but […]
Billionaire Family Capitalizes on India’s Gold Frenzy to Build Wealth
Stock image. Gold is having a moment in the sun and the billionaire Muthoot clan of India is reaping the benefits. Their family-run firm that’s doled out gold loans for almost nine decades is on a roll as consumers take advantage of surging bullion prices to swap jewelry for short-term cash. The boom has pushed […]
RANKED: The Top 20 Gold Projects Worldwide
Seabridge Gold with regulators on the Mitchell Deposit at the KSM Project in northwestern British Columbia. (CNW Group/Seabridge Gold Inc.) Gold bugs have been riding a scorching rally in 2025. With a gain of over 50%, gold is one of the best-performing assets year to date, buoyed by strong buying pressure from central banks and […]