Tag: Gold Price

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Gazprom, BP, Barrick Gold, Ximen Mining — Putin’s Ukraine Conflict Boosts Gold and Silver!
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Gazprom, BP, Barrick Gold, Ximen Mining — Putin’s Ukraine Conflict Boosts Gold and Silver!

Over the weekend, the buzzword “mobilization of nuclear weapons” was heard in the media. In the ears of investors, the loud saber-rattling sounded like the starting signal for a gold and silver rally. Events then rolled over in sequence: Russian accounts were frozen, the SWIFT system was disconnected, and there […]

Shell, Ximen Mining, Newmont: Will Gold Follow the Oil Price Rally?
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Shell, Ximen Mining, Newmont: Will Gold Follow the Oil Price Rally?

Now that the oil price has long since cracked the USD 90 mark, gold is also picking up significantly. The precious metal lingered only briefly on the much-cited interest rate worries. The theoretical reasoning behind this is that if the interest rate rises, non-interest-bearing gold loses its attractiveness. This assumption […]