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1 min read

3 reasons to pile into gold with the metal poised to rally in 2025, according to Goldman Sachs

"Gold offers significant hedging value to portfolios against geopolitical shocks including tariffs,…

Matthew Fox   


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2 mins read

Hindalco Q1 profit rises 25% Rs 3,074 crore on operational efficiencies, lower input costs

Total income during the quarter under review rose to Rs 57,437 crore, over Rs 53,382 crore noted in…

PTI   


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2 mins read

Gold imports dip 4.23% to $12.64 billion in Apr-July 2024

In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…

PTI   


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2 mins read

China's air force is again being called out for 'dangerous' moves over the South China Sea, this time for popping flares in front of a US ally's aircraft

The Philippines said a pair of Chinese jets flew close to one of its transport planes and popped fl…

Chris Panella   


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India eyes economic gains as China's stimulus fuels surge in global mining demand

As projected by Fitch Ratings, the neutral sector outlook is buoyed by significant government spend…

ANI   


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1 min read

India's gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore (USD 2,240.77 million) during June…

PTI   


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6 mins read

These are the 5 luxury items China's Gen Z is going nuts for, a retail expert says

A retail expert told BI there are 5 luxury items Chinese Gen Zers love, and it looks like the quiet…

Aditi Bharade   


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2 mins read

Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.

Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…

Huileng Tan   


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2 mins read

China's consumers aren't buying stuff, but it's not because they're broke

China's household deposits reached a record high of around 147 trillion yuan, or $20.2 trillion, at…

Huileng Tan   


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2 mins read

Stock market today: Indexes slide as Biden plan to tighten China chip crackdown weighs on tech

The Biden administration is considering the strictest trade restrictions on foreign companies that …

Matthew Fox   


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3 mins read

People in China continue to buy gold even as the currency remains weak!

Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…

Huileng Tan   


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4 mins read

China is developing systems to hunt US submarines from the air

China is turning to the air to try to protect its ships and aircraft carriers from attack by enemy …

Michael Peck   


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1 min read

Gold is getting so expensive that even China's central bank stopped buying

China's central bank did not add any gold to its reserves in May after 18 straight months of purcha…

Huileng Tan   


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2 mins read

People in Korea are buying gold from vending machines and convenience stores amid 2024's frenzy for the precious metal

Gold prices have surged in 2024. In Korea, some store chains are selling bite-sized gold bars and w…

Yuheng Zhan   


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2 mins read

Silver price gains are outshining gold's thanks to China's overproduction of solar panels

Silver prices have soared 35% to 12-year highs, outpacing gold's gains. The rally is driven by indu…

Huileng Tan   


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5 mins read

Indian metal stocks become attractive after massive underperformance and signs of recovery in China, says Jefferies

Heightened macro concerns hit metal stocks despite some improvement in China’s demand. In the first…

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4 mins read

The yellow metal will continue to sparkle in the new year

Optimism for early Fed rate cuts in 2024 weakened the dollar and bonds, sending gold prices soaring…

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2 mins read

China ramps up de-dollarization efforts by dumping a record amount of US bonds

China sold a record $53.3 billion worth of US Treasurys and agency bonds last quarter as it acceler…

Filip De Mott   


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2 mins read

Gold could soar 25% in the next 18 months as Middle East tensions and Fed easing boost the precious metal, Citi says

Citi strategists wrote in a recent note that they see gold soaring past $3,000 per ounce in the nex…

Yuheng Zhan   


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3 mins read

Biden's tariffs don't loosen China's grip on one key mineral in the EV economy

The CEO of Sila, a battery materials startup, says delaying graphite tariffs will slow investment …

Catherine Boudreau