-
The People's Bank of China (PBoC) added to their bullion reserves for the 18th month in a row, but April also marked the second month in a row of dramatically lower quantities, suggesting that record-high prices may finally be souring the central bank on gold. The PBOC bought 60,000 troy ounces of gold last month, far lower than the 160,000 ounces it ...
-
Gold recovered from its earlier lows to turn flat on the session and silver drifted into the positive territory. Following their gains on Monday, and impressive gains for silver in particular, both metals fell on Tuesday amid profit taking and as the strength in US dollar discouraged traders. The greenback was higher again at the time of writing, which ...