The international gold price jumped by 7.4% in November to US$1,760/oz, boosted by lower yields and dollar weakness.
Posted 11 months 2 weeks ago
The divergence between the RMB and USD gold prices widened. The weakening US dollar and lowering yields helped pushed the LBMA Gold Price AM in USD 7.4% higher in November, the best month since July 2020.
Posted 11 months 3 weeks ago
Average all-in sustaining costs (AISC) in the gold mining industry increased by 1% q-o-q in Q3’22, reaching a new record high of US$1,289/oz.
Posted 11 months 3 weeks ago
Central banks continue to accumulate gold according to the latest data available. In October – data is lagged by two months – central banks added a further net 31t of gold to international reserves (-41% m-o-m).
Posted 11 months 4 weeks ago
