Gold Silver Reports — India has banned the export of gold products with purity above 22 carats with immediate effect, a move that the industry sees as a way of curbing irregularities in the trade.
Gold Silver Reports — Gold futures broke above $1,300 an ounce, rising to the highest level since November, as global stocks dropped and investors fretted that turmoil in the White House will prevent President Donald Trump from delivering on his legislative agenda.
Gold Silver Reports — The blockchain revolution is gunning for the gold market. — Public online ledgers that emerged from the explosive markets for bitcoin, a virtual currency, already have drawn the attention of businesses from banks to retailers who see blockchain systems as a revolutionary way to verify and record transactions. Now, companies including exchange owner CME Group Inc., IEX Group Inc. spinoff TradeWind Markets and financial technology firm Paxos are rolling out similar platforms to bring gold into the digital age.
Gold Silver Reports — Kingsgate Consolidated Ltd., the Australian producer that shuttered Thailand’s biggest gold mine following a licensing dispute, advanced the most in 18 months after the Asian nation’s government said a suspension had been lifted.
