Latest News for: Gold reserves

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Antam allocates $723 million for gold, bauxite, nickel exploration

Yieh Corp 03 Dec 2024
... in the exploration of gold, bauxite, and nickel ... The gold resource is targeted to grow by up to 15% in five years, but the current reserves are about 10% behind the forecast.
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Indigenous Mining Complicates Brazil\'s Fight Against Illegal Gold

Scrap Monster 03 Dec 2024
The reservation is located in the municipality of Jacareacanga, a booming town of 26,000 ... Tribal leaders estimate 40% of the gold mining on the reservation is carried out by Indigenous people today.
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MARA Holdings Secures $600M in Bitcoin (BTC) Acquisition Over Two Months

CoinChapter 03 Dec 2024
This acquisition brought Bitcoin into its reserves at an average price of $95,352 per coin ... to Act on Bitcoin Reserves ... “The dollar is no longer directly backed by gold, yet holding substantial gold reserves remains a matter of national security,”.
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BSP’s FX swaps up at $3.3 billion

Manila Bulletin 03 Dec 2024
The BSP’s reserve assets are composed of gold, ... Meanwhile under the GIR, the BSP’s gold reserves amounted to $11.353 billion, from $10.859 billion in end-September and $10.57 billion in October 2023.
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Vatican ‘on the verge of bankruptcy’ as world’s smallest country struggles to pay pensions

The Liberty Beacon 03 Dec 2024
... the officials responsible for that gold, that the gold in Fort Knox and other depositories in the USA (261 million ounces) is now part of the gold reserve of the International Monetary Fund (the IMF).
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Gold holds steady; key US jobs data in focus

Ammon 03 Dec 2024
economic data that could provide insights into the Federal ...
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Gold Edges Up as Investors Seek Fed Clues from US Data

Scrap Monster 03 Dec 2024
Gold prices edged higher on Tuesday, supported by U.S. rate cut bets and geopolitical concerns, while the focus shifted to economic data due this week for clues into the Federal Reserve's interest rate path ... gold futures were 0.2% higher at $2,663.40.
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African countries urged to leverage critical minerals demand for growth, industrialisation

Independent online (SA) 03 Dec 2024
Africa’s resource endowment means it has 30% of global mineral reserves, 40% of global gold reserves, 60% of global cobalt reserves and 80% of global platinum group metals reserves.
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Gold steady as traders await US jobs data

Business Day 03 Dec 2024
BengaluruGold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming US economic data that could provide insights into the Federal Reserve’s interest rate path ... US gold futures was flat at $2,659.00.
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China’s ‘super-giant’ gold discovery claim sounds ‘aspirational,’ WGC expert says

Mining 02 Dec 2024
The World Gold Council (WGC) is skeptical about China’s Nov. 21 claim of discovering a $83 billion gold deposit in the southeastern province of Hunan ... Hunan Gold shares surge after large deposit found in China ... Harmony Gold’s (NYSE ... gold).
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Gold slips as dollar strengthens; investors await US data

The Economic Times 02 Dec 2024
Gold prices decline, breaking a four-session rally as the dollar strengthens.
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Gold slips on firmer dollar, profit-taking

Bahrain News Agency 02 Dec 2024
Gold prices snapped a four-session ... economic data for cues on the Federal Reserve's monetary policy outlook.
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Gold Rate Today: Yellow metal slips on stronger US dollar, profit-taking; Silver falls by Rs ...

The Economic Times 02 Dec 2024
February gold futures fell on the MCX, and silver prices also dropped.
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Gold prices start week, month with losses amid anticipation of Fed’s decisions

MENA FN 02 Dec 2024
(MENAFN) Gold prices began the week and month with significant losses as market participants anticipated the Federal Reserve–s upcoming meeting. Spot gold dropped by 1.1 percent, losing USD29 to ... .

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