Tag: Michał Tekliński

One central bank is buying gold regardless of the price. What are the Chinese planning?

Among central banks, there is one player that seems to buy gold regardless of whether its price is high or not. That player is...

Gold Price Soars on Fed Decision Delay, Global Central Bank Moves Shake Markets

Last week, the price of the coveted metal surpassed the threshold of 2,200 dollars per ounce. "We observed significant fluctuations in the gold market,...

Gold and Bitcoin are breaking all-time records. Why?

The price of the royal precious metal last week reached almost 2,200 dollars per ounce, setting a new record. Bitcoin also reached its all-time...

Central Banks with an appetite for gold. Polish NBP also

Central banks around the world have been steadily increasing their gold reserves for over a decade, but their appetite for this precious metal has...

Gold dipped below 2000 dollars. Why?

Surprising US inflation data triggered a dramatic fall in gold prices last week. “The price chart shows one great ‘waterfall' ", states a market...

Russia Uses “Cash for Gold” Scheme to Evade Sanctions: $725 Million Transferred

Russia, one of the world's largest producers of gold, is using its resources to acquire foreign currency and circumvent the sanctions imposed on the...

Gold Price Swings: Fed Delays Cuts, Mideast Tensions Rise, US Border Pressure Mounts

The decision of the US Federal Reserve regarding interest rate cuts, the escalation of conflict in the Middle East, and the pressure from Republican...

How could the US elections and the Federal Reserve’s policy affect the price of gold in 2024?

Last week, gold plunged by over 50 dollars an ounce, only to bounce back. This was largely due to economic data from the US...

Gold Market: A Tale of 3 Factors That Will Drive Prices in 2024

The year 2023 brought a 13-percent increase in the American dollar price of gold, making it the best year since 2020. And since the...
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