Mali expects 14% drop in industrial gold production The country's industrial gold production stood at 66.5 metric tons last year, nearly unchanged from the 66.2 tons recorded in 2022. Reuters | April 8, 2024 | 8:08 am
Gold price touches $2,350 on firm central bank demand For the year, bullion is up by double digits at 13%, despite headwinds from strong US economic data. Staff Writer | April 8, 2024 | 7:26 am
China’s central bank adds more gold to its reserves in March China held 72.74 million ounces of gold at the end of March, up from 72.58 million ounces a month before. Reuters | April 8, 2024 | 6:45 am
Perpetua tapped for $1.8 billion loan to develop gold-antimony mine in Idaho If approved, the loan would be one of Washington's largest investments ever in a domestic mine. Staff Writer | April 8, 2024 | 6:28 am
Vale walks away from exploration JV with Serabi Gold Serabi Gold noted it remains optimistic as there already are “a number of other groups keen to partner” with them. Cecilia Jamasmie | April 8, 2024 | 5:39 am
China’s latest investment frenzy sparks wild swings in gold ETF The decision came after the fund’s premium over its underlying assets increased to more than 30% as of April 3. Bloomberg News | April 8, 2024 | 3:18 am
Surging gold in Vietnam spurs angst over smuggling The rise in gold smuggling is fueled by a combination of a lack of official supplies and flight-to-safety demands amid a struggling economy. Bloomberg News | April 7, 2024 | 8:47 pm
Peruvian gold mine’s power infrastructure attacked for the 14th time in two years Illegal miners used dynamite to knock down two high-voltage towers at the Poderosa gold mine in Peru. Valentina Ruiz Leotaud | April 7, 2024 | 1:12 pm
The gold market hunts for answers behind bullion’s sudden surge Gold’s run to an all-time high may seem easy to explain given the fractious geopolitical climate. And yet. Take a closer look, and it’s far from clear. Bloomberg News | April 7, 2024 | 11:46 am