Edgewater man wins $50K on Gold Bar Bingo ticket during grocery run
EDGEWATER, MD — A routine trip to the grocery store turned into a life-changing moment for an Anne Arundel County man after he scratched off a $5 Maryland Lottery ticket and discovered…
Gold slips as dollar holds firm on safe-haven flows
By Asha Sistla (Reuters) – Gold eased on Tuesday as the U.S. dollar held firm on rising prospects of more sanctions against Russia and possibly bigger interest rate hikes by the Federal…
Gold slips as dollar, yields strengthen on robust U.S. jobs data
By Asha Sistla (Reuters) – Gold prices fell on Monday as the dollar and Treasury yields firmed after a solid U.S. payrolls report raised expectations of aggressive rate hikes, although the Ukraine…
Ukraine’s gold and forex reserves stand at $29 billion, says official
(Reuters) – Ukraine’s gold and foreign currency reserves stand at $29 billion, the same level as before Russia’s invasion thanks to external financial support, the president’s economic adviser Oleh Ustenko said on…
Hartford County Woman Wins $2 Million Top Prize in Gold Rush Game
FALLSTON, MARYLAND – One lucky lottery player is now $2 Million richer after winning the Gold Rush Scratch-Off game. The 55 Year-Old winner plans to buy a vacation home for her family…
Factbox-Gold bars held by the top 10 gold ETFs
LONDON – Exchange-traded funds (ETFs) are one of the most popular ways to invest in gold. Shares represent gold bars held in vaults and are easy to buy and sell, freeing investors…
As good as gold? Bullion funds grapple with ethical investing
By Peter Hobson LONDON – Want to invest in ethical gold? It’s harder than it looks. A push by investment funds to avoid bullion from unethical sources by buying newly made bars…
Sanctioned Russian bank VTB sees strong demand for gold bars
(Reuters) – Russia’s second-largest lender VTB, hit by Western sanctions over Moscow’s actions in Ukraine, has sold one tonne of gold to customers this month and expects demand to increase, the state-controlled…
Russian gold miners dig for ways to overcome Ukraine impact
By Yadarisa Shabong (Reuters) -Russian gold miners Polymetal and Petropavlovsk warned on Wednesday of increasing hurdles in doing business, including higher operating costs and continued challenges repaying loans to sanctioned banks. Petropavlovsk…
Gold set for worst week since November as safe-haven demand eases
By Brijesh Patel – Gold was on track for its biggest weekly drop in nearly four months on Friday, after demand for the safe-haven metal was hit by hopes of progress in…
U.S. imposes sanctions over illicit exports of gold from Congo
WASHINGTON -The United States on Thursday imposed sanctions on Belgian businessman Alain Goetz and a network of companies tied to him that it accused of being involved in the illicit movement of…
Gold steady as dollar dip counters Fed rate hike expectations
By Bharat Gautam – Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve interest rate hike. Spot…
Gold slides on Russia-Ukraine talks, U.S. rate hike bets
By Bharat Gautam – Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that the U.S. Federal Reserve may raise interest…
Gold slides on Russia-Ukraine talks, U.S. rate hike bets
By Bharat Gautam – Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that the U.S. Federal Reserve may raise interest…
Suspects wanted for gold shop armed robbery led police on interstate pursuit
WILMINGTON, DE – Delaware State Police said a traffic stop involving an armed robbery turned into an interstate pursuit after suspects fled police on their way to Pennsylvania. According to the Delaware…
Gold, palladium retreat from highs
By Bharat Gautam – Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious metals in…
Palladium firms near record, gold accelerates as Ukraine worries mount
By Bharat Gautam – Palladium hovered marginally below an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal, while safe-haven gold…
Palladium firms near all-time peak on Ukraine, gold above $2,000/oz
By Bharat Gautam – Palladium attempted to consolidate off an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal, while safe-haven…
London bullion market bars Russian gold refineries
By Peter Hobson LONDON – The London Bullion Market Association (LBMA) said on Monday it had suspended its accreditation of six Russian precious metals refiners, meaning they will no longer be able…
Palladium hits all-time high, gold tests $2,000/oz on Ukraine
By Bharat Gautam – Palladium shot to an all-time high as Russia’s invasion of Ukraine and resultant sanctions stoked fear of scarcity, while gold tested the psychological $2,000 mark in response to…
Palladium charges to all-time high on Ukraine, gold tests $2,000/oz
By Bharat Gautam – Palladium shot up to an all-time high as Russia’s invasion of Ukraine and resultant sanctions stoked fear of scarcity, while gold tested the psychological $2,000 mark in response…
Supply woes lift Palladium to 7-month peak, gold firms on Ukraine crisis
By Brijesh Patel – Palladium extended gains to a more than seven-month high on Thursday, spurred by concerns over supply shortages following harsh sanctions on top-producer Russia, while the Ukraine crisis and…
Palladium scales 7-month peak, gold firms as Ukraine crisis rages on
By Bharat Gautam – Palladium raced to an over seven-month peak on Thursday in a rally sparked by concerns over supply from top producer Russia, while a relatively less hawkish Federal Reserve…
Palladium scales 7-month peak, gold firms as Ukraine crisis rages on
By Bharat Gautam – Palladium raced to an over seven-month peak on Thursday in a rally sparked by concerns over supply from top producer Russia, while a relatively less hawkish Federal Reserve…
Russian finance ministry halts forex, gold purchases for 2022
MOSCOW – Russia’s finance ministry said on Thursday that it was halting purchases of foreign currency and gold for this year as part of a suspension of parts of its fiscal rule…
Russian central bank to resume gold purchases on domestic market from Monday
MOSCOW – Russia’s central bank on Sunday said it would resume buying gold on the domestic market from Feb. 28, as it undertakes measures to try and ensure financial stability during Western…
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