Tag
precious metals
4 articles
Costco's Gold Bar Sales Hit Hundreds of Millions Monthly; Retailer Caps Purchases
Costco limits 1-ounce gold bar purchases to four units per 24 hours as monthly sales reach several hundred million dollars and inventory struggles to keep pace with demand.
Silver Surges to $65.88 as Yield Collapse and Dollar Weakness Align
Silver jumps more than $2 to $65.88 per ounce as falling Treasury yields and a softer dollar compress real rates and expand non-dollar demand.
Gold Near $4,400 as Inflation Data, Iran Tensions Test the Rally
Bullion gained 3.6 percent over two sessions, lifted by Chinese ETF inflows and technical buying, with July CPI data due Wednesday.
Hong Kong Gold Imports Hit Decade High in June on China Demand, New Clearing System
Physical gold flows into Hong Kong surged to their highest level since late 2014, driven by mainland Chinese demand and preparations for the city's new clearing system.