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South Korea's gold and currency reserves reached a new level
Gold and currency reserves of the Republic of Korea showed a rapid growth for the past ten months. The results for the beginning of May revealed that this indicator reached a maximum level and amounted to more than 355 billion dollars. It is the highest result since 1950, when the relevant institutions begun to keep statistics of this indicator.
Category: Gold news      Publication date: 2014-06-16 10:00
Deutsche Bank opened a new depository of gold
Deutsche Bank is the largest financial entity in Germany by number of employees and total assets. The main office is located in Frankfurt am Main. This is a universal, multinational bank, one of the 29 most important in the world. At its disposal there are commercial, mortgage, investment banks, leasing companies and other financial institutions. Deutsche Bank AG is the largest banking system in Germany, which was founded in 1870.
Category: Gold news      Publication date: 2014-06-13 10:00
Weekly gold market review. 04.06—11.06.2014
The Emgoldex company continues to keep you informed of the developments in the world's gold market. It is time to summarize the past month. In May, the gold market proved to be stable, but nevertheless, there was a slight negative trend. This is not the best indicator for gold, but analysts predict a rise in the price of the metal, not later than at the beginning of August.
Category: Gold news      Publication date: 2014-06-12 10:00
The gold mining company Polyus Gold plans a project on creation of power lines
The Polyus Gold company is the largest gold mining company in Russia, as well as one of the largest the in the world. About 95% shares of Polyus Gold are controlled by Polyus Gold International Ltd. Its headquarters is in the capital of Russia, Moscow.
Category: Gold news      Publication date: 2014-06-11 10:00
There are 300 tonnes of gold in the fields of Dagestan
The Republic of Dagestan is part of the Russian Federation and is the most southern region of Russia. Regarding the economy development, the country ranked 35th in terms of GDP. Local people are mostly employed in the following industries: wine making, agriculture, fishery, as well as mining.
Category: Gold news      Publication date: 2014-06-10 10:00
Kinross Gold Corporation sells one of its major projects
Kinross Gold Corporation is a Canadian company that is engaged in gold mining and has its headquarters in Toronto. Major gold deposits of this company are located in Canada, the U.S., Brazil, Chile, Russia and some more countries. It is one of the largest and most famous gold mining companies in the world.
Category: Gold news      Publication date: 2014-06-09 10:00
Weekly gold market review 28.05 — 02.06
In May, the gold market showed stability with insignificant negative trend. During the month a special impact in the market of the yellow metal had Japan, which central bank recently announced the news on the revision of the economy stimulation, as well as the United States, in particular its currency Now the U. S. dollar is strengthening its position together with the U.S. stock market.
Category: Gold news      Publication date: 2014-06-06 10:00
Export and import of gold in Switzerland greatly increased!
Switzerland is a country of perfectionists, idealists and those who are accustomed to a high level in all aspects of life. It is known worldwide as a major financial center. This fact was affected by many factors, such as stability of politics and the national currency, a favorable geographical position and political neutrality.
Category: Gold news      Publication date: 2014-06-05 10:00
Fourth agreement of the Central Banks about Gold
Recently the news about the fourth agreement between the central banks of different countries, was announced. It should be noted, that the first Agreement came into force in 1999 and included 17 European central banks. According to the rules of this agreement, banks agreed on a limit in selling gold. The limit established was to sell no more than 400 tons of gold per year.The agreement was valid for 5 years.
Category: Gold news      Publication date: 2014-06-04 10:00
Artificial rains in Abu Dhabi
It is hard to believe, but the progress in technology allow us to partly control the weather nowadays. An amazing experiment for the creation of artificial rains in Abu Dhabi was started recently. Thanks to this idea, the Emirate won't suffer from a drought or an intolerable heat anymore.
Category: Gold news      Publication date: 2014-06-03 10:00
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