A "supergiant" deposit of high-quality gold ore containing an estimated 1,000 metric tons (1,100 US tons) of the precious metal has been discovered in central China, according to Chinese state media.

Bloomberg / Contributor / Getty Images A traditional investing axiom is that gold prices spike when there are economic uncertainties and geopolitical tensions. Yet, recent years have put the lie ...

The new deposit was uncovered at the Wangu gold field in the northeast of Hunan province, representatives from the Geological Bureau of Hunan Province (GBHP) told Chinese state media on Nov. 20.

The price of gold in the Nepali market has continued to decline. On Tuesday, the price of gold dropped by Rs2,600 per tola (11.664 grams) to Rs148,700, according to the Federation of Nepal Gold and ...

Gold tumbled on signs of deescalating geopolitical tension in the Middle East, reducing appetite for the haven asset. Israel is potentially days away from a cease-fire agreement with Lebanon’s ...

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The parties haven’t yet announced an agreement, it said. “There tends to be a very positive risk-gold relationship, so when risk drops gold does, too,” said Bart Melek, global head of ...

Gold on track for its worst day since Jun.07 Israel says it's moving towards Lebanon ceasefire Trump nominates Scott Bessent for U.S. Treasury Secretary Fed’s Nov FOMC meeting minutes, GDP data ...

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Gold is on track for its biggest weekly increase since October 2023, buoyed by a sharp rise in safe-haven demand following an escalation in the Russia-Ukraine conflict. As of Friday, midday in Toronto ...

The price of gold could hit $3,000 an ounce next year as central bankers continue to scoop up the precious metal, Samantha Dart, the co-head of commodities research at Goldman Sachs, said.