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Platinum
December 6, 2023465Views0Likes0Comments

Zimbabwe is paying $400 million Afrexim Bank debt with platinum exports

Zimbabwe is using the funds generated from its platinum exports to repay a $400 million loan from the African Export-Import Bank, as the financially strained nation leverages its mineral wealth to establish lines of credit. The southern African nation’s reliance on its platinum resources to secure borrowing reflects the difficulty Zimbabwe faces in getting loans from…

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Gold
December 4, 2023385Views0Likes0Comments

Gold Prices Forecast: XAU/USD Hits Record High Amid Powell’s Rate Cut Hints

XAU/USD soared, with gold futures rallying on Powell’s dovish speech and a weak dollar, amid bullish trends and Fed rate decision anticipation. Highlights XAU/USD hits all-time high, influenced by Powell’s dovish tone. Spot gold surpasses 2020 peak, futures at $2,089.7. Market reacts to Powell’s speech; Treasury yields drop. Fed’s December rate decision eyed, amid bullish gold forecasts. Gold Market This Week:…

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Gold
December 1, 2023484Views0Likes0Comments

Gold is a remarkable element

Gold is a remarkable element with exceptional properties that require no introduction. It boasts extraordinary characteristics, being among the densest metals, highly malleable and ductile, and an excellent conductor of both heat and electricity. Among the various forms of gold, the rarest are gold crystals, constituting less than 1% of all gold discoveries. It's worth noting that an estimated…

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