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Gold prices soared on Friday as investors flocked to safe-haven assets following Israeli airstrikes on Iran, re-igniting fears of a broader conflict in the Middle East.
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ABP News on MSNTariffs, Trade & Trump: Jefferies Says President Looking To Reshape Policy, Impose 20% Duty On ChinaThe report suggests Trump could adopt a flat 10 per cent tariff across the board on all imports and raise tariffs on Chinese goods slightly higher to 20 per cent.
Trump may soften tariff stance with uniform 10% tariffs, while China counters with rare earth exports and gold imports.
Gold prices edged lower on Tuesday as traders closely monitored U.S.-China talks, the outcome of which could simmer down trade tensions and boost the global economy, lessening demand for safe-haven assets,
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ABP News on MSNGold Rate Today (June 14): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More CitiesGold rate (22K per gram) in India today stands at Rs 9,335 in Delhi, Rs 9,320 in Mumbai, and Rs 9,325 in Ahmedabad
A “supergiant” gold ore deposit under an existing gold mine in China could be the world’s largest gold ore deposit. Officials estimate that the extent of the find could be 1,100 tons stretching as deep as 9,800 feet below the surface. The find also shows promise as that of a high-quality producer of gold.
Zijin's low-teens P/E valuation is attractive, with a potential re-rating trigger in the form of a spin-off. Read more on the ZIJMY stock analysis here.
1dOpinion
The New Republic on MSNTrump Launches $5 Million Gold Card on Fakest Looking WebsiteTrump has opened a fast track to citizenship for the richest people, as he continues his war on immigrants on every other front.
4don MSN
Prices of platinum, a white precious metal, have rallied over 30% this year, echoing robust gains in gold prices.
Gold prices rebounded on Wednesday to $3,335 per ounce, mainly due to uncertainty surrounding the finalization of a US-China trade deal and in anticipation of key U.S. inflation data. Officials on both sides agreed on a framework and on track to remove China's export restrictions on rare earths.