Turkey’s $600 Billion Gold Hoard Defies Government Pleas
Turkish households are sitting on roughly 5,000 tons of physical gold, and the government in Ankara cannot convince them to hand it over. Finance officials, the central bank, and President…
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Gold Eyes $5,000 as Fed Decision Looms: Why a Hold Could Matter More Than a Hike
Gold is pressing against a resistance level that has defined its trading range all year, and the Federal Reserve’s Wednesday rate decision could determine whether…
Three Arrested in Organized Gold Scam Targeting Elderly Texas Resident
Three California-based men face organized criminal activity charges after allegedly posing as federal employees and coercing an elderly Texas resident into converting large sums of…
Gold’s Real Case Sits Beyond the Next Rate Hike
Gold gave back 5.5% from its August peak after a 15% sprint in the first three weeks of the month, and the proximate causes were…
Gold Slips as Oil-Fueled Inflation Fears Boost Rate-Hike Odds
Gold fell on Tuesday as a stronger dollar and Treasury yields at their highest level since 2007 squeezed the metal from both sides, with a…