CHAT

Monday, 21 September 2020

Gold

Gold is a chemical element with symbol Au (from Latin: aurum) and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

Gold's atomic number of 79 makes it one of the higher atomic number elements that occur naturally in the universe. It is thought to have been produced in supernova nucleosynthesis from the collision of two neutron stars and to have been present in the dust from which the Solar System formed. Because the Earth was molten when it was just formed, almost all of the gold present in the early Earth probably sank into the planetary core. Therefore, most of the gold that is present today in the Earth's crust and mantle is thought to have been delivered to Earth later, by asteroid impacts during the late heavy bombardment, about 4 billion years ago.

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Gold

Latest News for: Gold metal

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US investigators thought Kaloti was helping launder drug money in gold, but Treasury Department did nothing

Ghana Business News 22 Sep 2020

The Dubai-based conglomerate had become a key cog in the dirty gold trade, buying the precious metal from sellers suspected of laundering money for drug traffickers and other criminal groups , a U.S....

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How The Dollar (DXY) Index Is Responsible For Today’s Bitcoin Carnage

NewsBTC 22 Sep 2020

Gold fell below $1900, and stocks are downward spiraling ... The Dollar (DXY) Index Deals Devastating Blow To Crypto, Metals, and Stocks ... Alongside Bitcoin’s steep breakdown, the Dow Jones Industrial Average has bled over 800 points and gold is now trading back below $1900 an ounce....

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PRECIOUS-Gold edges higher as dollar halts surge on COVID worries

Reuters 22 Sep 2020

Gold prices on Tuesday inched up after slumping 3.4% in ......

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The Illegal Gold in Your Phone Is Slowly Poisoning the Amazon

Vice 21 Sep 2020

“Licensed gold exporters in Guyana export Venezuelan conflict gold with false paperwork to refineries in Europe, North America, and the Middle East, who knowingly or unknowingly get involved with the toxic metal,” says Bram Ebus, lead researcher for InfoAmazonia on the report....

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‘Free money’ for banks as investors pile into fractured gold market

Metro USA 21 Sep 2020

Before the pandemic struck, banks such as HSBC and JPMorgan that dominate gold trading would buy metal in London and hedge their price risk by selling futures on Comex ... Gold bars are seen in the vault of the branch office of precious metal trader Degussa in Zurich....

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'Free money' for banks as investors pile into fractured gold market

Yahoo Daily News 21 Sep 2020

... metals this year to around $2.5 billion, most of it from gold, Coalition, a banking consultancy, told Reuters ... Before the pandemic struck, banks such as HSBC and JPMorgan that dominate gold trading would buy metal in London and hedge their price risk by selling futures on Comex....

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Banks making huge profits as investors pile into gold

Live Mint 21 Sep 2020

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Gold Monetisation Scheme: Use Idle Gold To Earn Interest Income

Yahoo Daily News 21 Sep 2020

In 2015, the Reserve Bank of India (RBI) introduced the scheme by modifying the existing 'Gold Deposit Scheme' (GDS) and 'Gold Metal Loan Scheme (GML)' with an intention to mobilise gold held by households and institutions of the country, thereby reducing the country's reliance on imports for the metal....

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Gold price today: Yellow metal trades lower; crucial support placed at Rs 51,300

Moneycontrol 21 Sep 2020

Experts are of the view that the yellow metal is likely to remain volatile and crucial supports is placed at Rs 51300-51500 levels ... India Gold October Futures trades lower on Monday after closing in the green in the week gone by ... Both the precious metals recovered from their lows and settled on a positive note last week ... Track live gold price here....

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Gold on track to surpass Rs 65,000; 2 prudent ways one can invest

Moneycontrol 21 Sep 2020

Gold has already crossed the Rs 50,000 mark and may touch Rs 65,000 per 10 gram by year-end, thanks to the fiscal stimulus from the government and low-interest rates ... Though equity markets have rebounded sharply, the security offered by gold in these testing times has bolstered investor appetite for the yellow metal ... Avoid Physical Gold....

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Update on Exploration at the Cabin Lake Gold Project and Closing of Unit Financing

Omaha World-Herald 21 Sep 2020

ROVMF) (“Rover Metals” or the “Company”) further to its release of September 15, 2020, the Company has completed drilling and logging of its third drill hole at its100% owned Cabin Lake gold project, NWT, Canada ... About Rover Metals Rover Metals is a precious metals exploration ......

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Gold Price Takes a hit but CitiBank Analysts Stick by $2,200 an ounce in December

Vaultoro 21 Sep 2020

It has not been a good start to the week for gold and silver. Precious metals prices are falling across the board, and risk going even lower ... Where is Gold Headed?. After roughly two weeks of sideways trading, there is no real improvement in sight for precious metal markets....

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Gold prices ease to Rs 51,341/10 gm on stronger dollar, silver plunges Rs 1,764/kg

Moneycontrol 21 Sep 2020

Gold prices fell Rs 279 to Rs 51,341 per 10 gram in the Mumbai market on rupee appreciation against the dollar and weak global cues. The precious metal prices slipped as the dollar rebounded on safe-haven buying ahead of Federal Reserve Chairman Jerome Powell’s speech later this week....