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WGC REPORT: Do central banks prefer gold to dollars?
Central banks are becoming increasingly important players in the international gold market. According to the latest report by the World Gold Council, in the first half of 2018 as much as 10%...
Is China secretly expanding its gold reserves?
China has halted the expansion of its gold reserves – at least that is what one might think when analyzing WGC statistics. According to official data, the last time Chinese vaults were replenished was in...
The gold-to-silver price ratio has broken a 20-year record. What could this mean?
It has been 10 years since the last financial crisis. As befits such a milestone anniversary, there have been many reminiscences and reflections in the Western media recently. Among them...
What is gold fineness and how does it relate to the price of jewelry?
If we have two identical pieces of jewelry, one made of 333 gold and the other of 585 gold, the first one should be almost twice as cheap as...
Venezuela begins selling gold-backed certificates
Starting in September, Venezuela will begin selling certificates backed by gold bars. In this way, President Nicolas Maduro wants to ensure that his citizens not only...
TREND: WOMEN'S AND MEN'S WEDDING RINGS MADE OF TWO DIFFERENT METALS
Not so long ago, all wedding rings looked the same. They were simple bands, usually made of yellow gold. Then came the fashion for embellishments, especially on wedding rings...
