Global gold prices plunge after biggest drop in a decade as rally unwinds| Business News

Gold prices fell, following its biggest plunge in more than a decade, and silver whipsawed in choppy trading after a dramatic pullback from record highs. A one kilogram gold bar at a Goldenmark bullion dealer arranged in Warsaw, Poland. (Bloomberg) Spot gold fell as much as 6.3% on Monday. Silver swung sharply, dropping to around […]

Hong Kong billionaire Cheah Cheng Hye puts quarter of his wealth in gold| Business News

For three decades, Cheah Cheng Hye was a face of value investing in Asia, building Value Partners Group Ltd. into a multi-billion dollar stock-picking powerhouse. “I only buy, I never sell,” Hong Kong billionaire Cheah Cheng Hye says of his gold investments. (YouTube) Now, the former fund manager is putting a massive portion of his […]

Gold rises to all-time high for 50th time in 2025 on rate-cut bets, Venezeula risk| Business News

Gold prices rose to an all-time high for the 50th time this year, asinvestors weighed escalating geopolitical tensions and the prospects for more US rate cuts. Silver also advanced to a record. Gold is on track for its best annual performance since 1979. (AFP) Bullion pushed beyond $4,480 an ounce for the first time, after […]