Gold bullion News
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Beijing -
China is one of the world's largest producers and purchasers of precious metals, especially gold and silver. Beijing has now unveiled its first gold ATM machine in a shopping district. More than 2,000 will be installed in the next two years.
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New York -
Donald Trump has made an unusual business transaction by leasing space in Trump Tower in exchange for a payment in gold bullion instead of dollars.
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Boca Raton -
Last week, PMX Gold launched the first ever gold-to-go dispensing ATM at the Town Center Mall located in Boca Raton, Florida. The vending machine offers gold bullion in real-time prices as quickly as possible.
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For a brief moment, during the late morning trading session, Yahoo! Finance listed gold bullion trading at $3,401, which would have been an astronomical increase by 175 percent. However, it was a mistake but gold is still trading near record highs.
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New York -
Republican Congressman Ron Paul doesn't have an understanding of basic economics and doesn’t know how to invest, at least that’s what CNBC senior analyst and commentator Ron Insana thinks.
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Since new credit card laws are being instigated, companies are taking the opportunity to create a credit card specifically for those who want to purchase gold bullion, which could turn millions of Americans into gold bugs.
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The International Monetary Fund has announced that it will begin to sell 191.3 tons of gold bullion soon to reduce its dependence on lending revenue.
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Publisher of Gloom Boom Doom and financial guru, Marc Faber, participated in Barron's round-table this week with an all-star panel to discuss the current state of the financial system and gold possibly hitting a record high of $1,600.
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Independent financial analyst and owner of Karma Bank, Max Keiser, sat down with Russia Today this week and said three nations will announce the purchase of large quantities of gold bullion: India, China and Germany.
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California resident Mark Dice tried to, once again, give away a one-ounce Canadian Gold Maple Leaf Coin for free just by answering a simple question: How much is gold worth?
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Gold bullion Headlines
Chinese demand for gold hit a record in the first quarter of 2012 and it remains the world's biggest market for gold, the World Gold Council says.
Barrick Gold Corp. is pulling out of Russia, with plans to sell its 20.4 per cent stake in Russian gold miner Highland Gold Mining Ltd.
An annual gold rush at Thailand's Wang river is proving particularly profitable this year.
Iran is to accept gold instead of dollars as payment for its oil, says the country's state news agency.
Britain's Yamile Aldama wins triple jump gold at the age of 39 at the World Indoor Championships in Istanbul.
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