Inflation, uncertainty fuel new gold rush at ancient Austrian Mint
The Austrian Mint, one of the world’s oldest and biggest producers of gold bullion coins, is unable to keep up with demand as people rush to find a safe haven for their money amid surging inflation and economic fears caused by war in Ukraine. “Demand for gold has never been as high as this year,” […]
India to invite bids for extracting gold from dumps at colonial-era mines
NEW DELHI, Dec 15 (Reuters) – India plans to invite bids to extract gold from 50 million tonnes of processed ore in a cluster of colonial-era mines in the southern state of Karnataka, a senior government official with direct knowledge of the matter said on Thursday. The Kolar fields, located about 65 kilometres (40 miles) […]