Gold Steady At $1,500 As Russia Buys Another 300,000 Ounces Of Gold In July

Gold Steady At $1,500 As Russia Buys Another 300,000 Ounces Of Gold In July

] Russia increased it’s gold reserves by another 300,000 ounces in July and its gold reserves are now worth $101.9 billion Total amount of Russian gold reserves rose 0.4% in July, reaching 71.3 million ounces or 2,218 tons as of August 1 Official figures show gold now accounts for 19.6% of the total reserves of … Read more

Gold Price Falls on Selling of Gold Futures Equal to 3 Million Ounces in 30 Minutes

Gold Price Falls on Selling of Gold Futures Equal to 3 Million Ounces in 30 Minutes

Gold Price Falls on Selling ◆ Gold price falls to a three-month low as concentrated selling of COMEX gold futures contracts equal to over 3 million ounces are sold in 30 minutes ◆ 33,596 contracts were aggressively sold in the 30 minutes between 10:00 and 10:30 a.m. New York time which is more than triple … Read more