ECONOMY and TRADE

ECONOMY and TRADE NEWS SERVICE
China keeps adding gold to reserves as challenges stack up

China keeps adding gold to reserves as challenges stack up

me-metals: China expanded its gold reserves for a sixth straight month in April, underlining its push to boost holdings of the precious metal as prices trade near a record and the trade war rumbles on.
Two Days ago
Annual gold price forecast tops $3,000 for first time: Reuters poll

Annual gold price forecast tops $3,000 for first time: Reuters poll

me-metals: Analysts in a quarterly Reuters poll have forecast an average annual gold price above $3,000 for the first time, with global trade friction and a swing away from the US dollar powering demand.
Eight Days ago
Zimbabwe restarts minting of gold coins as bullion prices soar to record

Zimbabwe restarts minting of gold coins as bullion prices soar to record

me-metals: Zimbabwe’s central bank is again issuing gold coins it scrapped 10 months ago, a step it took to ramp up the bullion stockpile used to back up the local currency, the ZiG.According to me-metals...
Eleven Days ago
China’s first-quarter gold consumption falls 6%

China’s first-quarter gold consumption falls 6%

me-metals: BHP China’s gold consumption fell 5.96% year-on-year to 290.492 tons in the first quarter of 2025 as high gold prices continued to curb demand for gold jewellery, the China Gold Association...
Eleven Days ago
Western investors are piling into gold market after three-year hiatus

Western investors are piling into gold market after three-year hiatus

me-metals: Western investors are finally back in the gold market after being largely absent for the past three years. This time, they’re coming in force with big purchases of bullion-backed exchange-traded...
Seventeen Days ago
AUCTION SJSCO D140306

AUCTION SJSCO D140306

me-metals: Sirjan Jahan Steel Company is pleased to announce the sale and export of 25,000 MT DIRECT REDUCTED IRON (DRI) with the possibility of increasing the contract amount to 50,000 MT, under FCA delivery...
twenty-one Days ago
Gold starts coming back to Switzerland from US after exclusion from Trump’s tariffs

Gold starts coming back to Switzerland from US after exclusion from Trump’s tariffs

me-metals: Gold, which traders have been flying to New York since December as a precaution against the possibility of broad US tariffs hitting bullion imports, is being shipped back to Switzerland, where...
twenty-two Days ago
Iran Alloy Steel Company intend to purchase 500 tons of Silicon Calcium Cored Wire (CaSi Wire)

Iran Alloy Steel Company intend to purchase 500 tons of Silicon Calcium Cored Wire (CaSi Wire)

me-metals: Please be informed that Iran Alloy Steel Company intend to purchase 500 tons of Silicon Calcium Cored Wire (CaSi Wire) through public tender.
twenty-four Days ago
Gold trade war refuge

Gold trade war refuge

me-metals: With an unprecedented global trade war underway, market volatility has been extreme. Stock markets around the world and major commodities have been hammered on great uncertainty. But gold’s...
twenty-seven Days ago
Gold stocks in Comex warehouses on track to hit new records over coming days

Gold stocks in Comex warehouses on track to hit new records over coming days

me-metals: Gold stocks in Comex warehouses are on track to hit new records over the coming days due to the risk of import tariffs curtailing shipments to the United States from other countries, analysts...
One last month
Gold reserves in London vaults rise in April as bullion returns from US
Gold reserves in London vaults rise in April as bullion returns from US
Four Days ago
Canadian hedge fund embraces gold as world loses faith in dollar
Canadian hedge fund embraces gold as world loses faith in dollar
Six Days ago
Shanghai Gold Exchange to expand warehouse network to Hong Kong
Shanghai Gold Exchange to expand warehouse network to Hong Kong
Seven Days ago
Most Like