ECONOMY and TRADE

Wednesday 30 April 2025 - 07:22

ECONOMY and TRADE NEWS SERVICE

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...

Four Minutes ago

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 Minutes ago

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...

Six Days ago

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...

Ten Days ago

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...

Ten Days ago

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.

Thirteen Days ago

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...

Sixteen Days ago

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...

twenty-seven Days ago

BofA raises gold price forecasts for 2025, 2026

me-metals: Bank of America (BofA) has raised its gold period average forecasts for this year and next, while highlighting that uncertainty arising from US trade policies will continue to lend support to...

One last month

Gold price sets new record above $3,050 following Fed verdict

me-metals: Gold hit another all-time high on Wednesday afternoon, surpassing the $3,050-an-ounce level, after US policymakers projected slower growth and higher inflation.

One last month