Putin’s gold strategy explains why sanctions failed
There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6% in 2023 and is projected to grow another 2.6% in 2024.
Gold asian news
Falling rocks in Australian gold mine kill 1 miner and severely injure another while 29 reach safety
SYDNEY (AP) — Falling rocks inside a gold mine in Australia killed one worker and left another with life-threatening injuries, rescuers said.
Gold prices could keep climbing — but analysts expect silver to steal the show before long
A record-breaking rally for gold may yet continue, particularly as investors position for interest rate cuts — but analysts say silver appears well placed to outshine the yellow metal in the second half of the year.
Gold, Bitcoin surges show black swan risk rising
Gold continued to break price records on Friday, trading at US$2,183 an ounce at mid-afternoon, following a more dramatic rally in Bitcoin. Gold led Bitcoin in 2020 and 2021, during the Covid crisis. This time Bitcoin clearly led gold, suggesting that investors have more confidence in the high-tech alternative to the dollar.
Family offices have tripled since 2019, creating a new gold rush on Wall Street
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
Don't be enticed by the gold rally, expert says: Investors 'buy gold and hope it doesn't go up'
One helpful way to think about the recent gold rally: it's a case of schadenfreude. The yellow metal does well when other assets — and the world — are in trouble.
As gold scales all-time highs, Wall Street analysts say it has even further to go
Gold prices pushed higher Tuesday after futures pricing for the precious metal notched fresh records in the previous two sessions — with analysts seeing strength lasting at least into the second half of the year.
Asia markets slip as China's 'Two Sessions' meeting gets underway; gold sets new record
This is CNBC's live blog covering Asia-Pacific markets.
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