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Bullion exports from multiple African countries hit records last year, including from some that barely have any gold mines.
Bullion Battered As Hormuz Headline Roulette Sparks Chaos Across Capital Markets
LONDON BULLION MARKET ASSOCIATION INCREASES MEMBERSHIP FEES AND ALLOWS PAYMENT OF DUES TWO YEARS AHEAD TO IMPROVE ITS FINANCES DURING EXPENSIVE LEGAL ISSUES.
The London Bullion Market Association’s certification program served as a “thick smokescreen” that enabled serious abuses at a Tanzanian gold mine where two men died, lawyers alleged at the start of a London trial
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The London Bullion Market Association has raised membership fees and offered the option to pay the dues two years in advance as it seeks to strengthen its finances amid a costly legal challenge
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A 'crisis' of bullion smuggling is fuelling wars and criminal gangs, as high prices have triggered a surge in illicit activity, executives warn.
Tether has emerged as a major bullion lender, providing about $1.5 billion in financing to a top US gold dealer after amassing one of the world’s largest private hoards of the precious metal.
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"Gold Has Become An Inverse Oil Trade": Goldman Explains Why Bullion Ripped As Brent Crashed 20%
HOWEVER, BULLION REMAINS VULNERABLE TO A RENEWED ESCALATION IN MIDDLE EAST TENSIONS, WITH TRUMP HAVING THREATENED FURTHER STRIKES AFTER THE US MIDTERMS AND IRAN WARNING OF WIDER RETALIATION. THE DIP-BUYING RECOVERY FOLLOWS OVERSOLD TECHNICAL SIGNALS, BUT THE OUTLOOK REMAINS DEPENDENT ON DIPLOMATIC PROGRESS AND ENERGY-PRICE MOVEMENTS.
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