Sage Investment Club

Asia Gold-China demand buoyant, India ramps up purchases

By Rajendra Jadhav, Seher Dareen* Gold imports flowing into China over past few weeks- MKS PAMP* Indian banks importing more gold since market at premium-dealer* Domestic prices in Japan hovering near historic highs- traderMarch 3 (Reuters) – Physical gold prices traded at a premium in India this week, as a drop in domestic rates encouraging […]

Gold prices rise by Rs 160 to Rs 56,450, silver price falls by Rs 300

Gold prices rose by Rs 160 from yesterday’s close during Friday’s early trade with ten grams of 24 carat gold selling at Rs 56,450, according to GoodReturns website. Silver prices went down by Rs 300 with 1 kg of silver trading at Rs 66,500. The price of ten grams of […]

Messi orders 35 gold iPhones for World Cup-winning Argentina team and staff

Argentina’s FIFA World Cup Qatar 2022-winning star Lionel Messi has commissioned gold iPhones for every member of his team and support staff who were part of the historic win over France in the final.According to reports, the 24-carat devices, worth £175,000, have the player’s names, numbers and the Argentinian logo engraved on them.Messi, who was […]

Gold loses steam as dollar turns higher, rate worries persist

(Reuters) – Gold prices were set to break a three-session winning run on Thursday, weighed down by a firmer dollar and as bullion’s outlook remains clouded by prospects of further interest rate hikes from the U.S. Federal Reserve.FILE PHOTO: 50g gold ingots are pictured after being minted at the plant of refiner and bar manufacturer […]

Gold price rises to Rs 56,290, silver price unchanged at Rs 66,800

Gold price rose by Rs 170 in Wednesday’s early trade with ten grams of 24-carat gold trading at Rs 56,290, according to the GoodReturns website. Silver prices were unchanged with 1 kg of the precious metal selling at Rs 66,800. The price of ten grams of 22-carat gold […]

Indians getting more opportunities to invest in silver, says study

Indian investors have more significant opportunities to invest in silver beyond holding the precious metal physically as new investment products have been introduced, a Silver Institute’s Market Trend report has said. Traditionally, Indians have favoured holding silver physically but the “Trend in Indian Investment Demand” study revealed that since 2014, some notable policy and regulatory changes […]

Chinese Consumers Get Back to Shopping for Gold

(Yicai Global) Feb. 28 — Consumer demand for gold in China, the world’s largest producer and consumer of the yellow metal, has been recovering since the lunar new year holiday, but has not yet reached the pre-pandemic level of 2019. Gold buying has increased since the holiday, as in-store sales picked up after China relaxed […]

An Evil System vs Honest Money

Learning about the monetary system is one of the most important things that anyone can do withe their time. As Mike Maloney explains in today’s video, the entire system operates to transfer wealth in the shadows…slowly and silently, but on a staggeringly massive scale. Thank you for sharing this important clip with those you love.Mike […]