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03.09.26 - 07:36
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Amid global risks, younger investors favour tangible bars as paper gold loses shine (SCMP)
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Sussi Ye began buying gold bars in small batches at the start of the year, slowly building a hoard now worth about 200,000 yuan (US$29,700). Despite the metal's price swings since then, she has not sold a single gram.
“I prefer investing in physical gold instead of gold-linked financial products,” said the 32-year-old resident of Hangzhou, capital of eastern China's Zhejiang province.
“I like that it's tangible, you can hold it, and that gives you a sense of security. If I get married someday, I......
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03.09.26 - 07:30
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Dutch central bank moves 86 tonnes of gold to UK from US and Canada, citing ′geopolitical unrest′ (The Guardian)
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Bank says gold reserves held in London could be traded more easily and the move will allow it to respond more rapidly in a 'crisis situation'The Dutch central bank says it has moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “increasing geopolitical unrest”.De Nederlandsche Bank (DNB) said gold reserves held in London could be traded more easily than those held in New York and Ottawa. Continue reading......
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