Friday, 22 October 2021

Tag Archives: gold

Gold slips as US issues licenses for firms to deal with Huawei

LONDON: Gold fell, retreating from a two-week high hit earlier in the session, after the United States started issuing licenses for some companies to supply goods to Chinese firm Huawei, rekindling hopes for trade negotiations that had shown signs of turning more contentious. Spot gold dipped 0.15% to $1,469.87 per ...

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Fake-branded bars slip dirty gold into world markets

LONDON: A forgery crisis is quietly roiling the world’s gold industry. Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them an ideal ...

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Maduro withdrew 8 tonnes of gold from Venezuela’s central bank

LONDON: Two weeks ago, the president of crisis-ridden Venezuela suggested that the Bank of England had frozen some 80 tonnes of Venezuela’s gold and expressed hope that his country would not be robbed of the gold that legally belongs to it. At least eight tonnes of gold have allegedly been taken ...

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Italy to strengthen control over gold

ITALY: Soon after the incident involving the Bank of England withholding Venezuelan gold reserves, an Italian lawmaker suggested clearly defining the state’s ownership over its gold reserves in a new law. His move was supported by Italian representative in the EU parliament Marco Zanni, whom Sputnik Italia has asked to ...

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How Venezuela turns its useless bank notes into gold

EL CALLAO: Venezuela’s most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation’s southern reaches. With the country’s economy in meltdown, an estimated 300,000 fortune hunters have descended on this mineral-rich jungle area to earn a living pulling ...

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Scientists discover way to turn copper into gold

BEIJING – Alchemists have been struggling for ages to create the legendary philosopher’s stone capable of, among other things, turning base metals into precious ones, and specifically – into gold. Modern day Chinese scientists seem to have finally come close to performing such a transformation. A group of Chinese scientists ...

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Akshay Kumar’s ‘Gold’ earns Rs71 crore in 5 days

BOLLYWOOD: Akshay Kumar’s latest film Gold is dominating the Indian box office. After opening at an impressive Rs 25.25 crore, the film has continued the momentum. On Sunday, the movie earned Rs 15.55 crore, taking its total to Rs 71.30 crore. Trade analyst Taran Adarsh recently shared the latest figures ...

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Very happy with audience’s response to Gold: Mouni Roy

BOLLYWOOD: Mouni Roy, who made her silver-screen debut with ‘Gold’, has said that she was elated with the audience response to her film that released earlier this week. Mouni was interacting with the media at a photo shoot in Mumbai. She plays Akshay Kumar’s wife in ‘Gold’, a sports drama ...

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South Korea firm apologises for treasure ship claim

SEOUL: A South Korean company that said it had found a long-lost Russian “treasure ship”, causing a stock market flurry, apologised Thursday admitting it had not gleaned any riches from the wreck. Start-up business Shinil Group announced last week it had discovered the imperial vessel Dmitri Donskoi off South Korea’s ...

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Akshay Kumar’s Gold Teaser Released

BOLLYWOOD: Akshay Kumar is currently busy promoting his film ‘PadMan’ whose trailer and songs have already won over the audiences and now the teaser of his next ‘Gold’ has just released online. From the looks of it, the charismatic actor looks all set to mesmerise the audience once again with ...

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