South Africa: gold mines aren’t the best business now
Back in 1987, South African President Cyril Ramaphosa — then a 34-year-old labor union leader — led 300,000 black miners in a strike that symbolized resistance to the apartheid regime. […]
Back in 1987, South African President Cyril Ramaphosa — then a 34-year-old labor union leader — led 300,000 black miners in a strike that symbolized resistance to the apartheid regime. […]
On September 6, 2011, the gold price reached its highest value, marking a high in the day of 1.920,30 usd. If we look to a historical chart, we can see […]
For the first time since 1986, Hungary’s central bank is buying gold—in bulk. Tuesday, the Eastern-European country announced that it had boosted its gold reserves ten-fold, up to 31.5 tons […]
Gold prices edged up on Friday to a one-week high as the dollar weakened on receding fears of a full-blown Sino-U.S. trade war, keeping the yellow metal on track for […]
Gold prices are holding critical support above $1,200 an ounce, but according to some analysts, there is still much heavy lifting that needs to be done as the precious metal […]
The yellow metal continues to weaken against the US Dollar for the fifth consecutive session. This movement has been guided mainly by the 55– and 100-hour SMAs; thus, these moving […]
Gold finally managed to overcome the strong one-week resistance of the 50.00% Fibonacci retracement and the monthly PP at 1,302.00 on Thursday. A further surge, however, did not follow, as […]
The slight period of consolidation during the past few trading sessions has formed a triangle-like formation, thus stranding the rate in a diminishing trading range. It is more likely that […]