⛏️ Chinese Central Bank Halts Gold Buying Spree

Chinese Central Bank Halts Gold Acquisitions
China has called quits on its 18-month gold buying spree, causing precious metal prices to stumble this week as the world’s largest buyer unexpectedly closes its tab. Read on »

Gold Gains on Soft Inflation Data Ahead of Fed Statement
Gold prices rose on Wednesday after a surprisingly soft U.S. consumer inflation report raised hopes for an interest rate cut in 2024, while investors awaited the release of the Federal Reserve’s latest policy statement and economic projections. Read on »

New Aluminum, Nickel Superalloy Promises 100% Hydrogen Combustion Engines
A new superalloy composed of metals such as aluminum and nickel has been developed by an engineering team at the University of Alberta with the goal of targeting high-temperature applications. Read on »

• Geopolitical Uncertainty is Impacting the Global Economy and Driving Gold Demand Link>>

• Three States Start Summer with Sound Money Policies Link>>

• The Fallacy of the "Inverse Relationship" Between Gold and the Dollar Index Link>>

• Gold Rush Grips Asia Despite Near-Record Prices Link>>

• America’s Shift to a Cashless Society Link>>