All news on the topic: Gold
• World News • Views: 538
U.S. cracks down on alleged Iran-backed oil and gold laundering network spanning Venezuela, Turkey and UAE fronts
On Wednesday, the US Treasury Department announced sanctions targeting a money laundering network that facilitated the movement of Iranian oil to Venezuela in exchange for gold. This gold was later sold on Turkey’s black market to generate funds for Iran’s Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) and Hezbollah.
• Crime • Views: 524
Tommy Thompson, famed “Ship of Gold” treasure hunter, freed after 10 years in prison
A former deep-sea treasure hunter who made one of the most significant shipwreck discoveries in American history and spent the last ten years in prison for refusing to reveal the location of some missing gold coins is now free, federal records indicate.
• World News • Views: 533
Hungary detains Ukrainians after seizing €75m cash and gold shipment amid deepening dispute
An increasingly bitter dispute between Hungary and Ukraine has intensified, as Budapest seized two Ukrainian armored bank vehicles carrying millions of euros in cash as well as gold bars.
• World News • Views: 454
From Venezuelan mines to mobile phones: the hidden route of $2.2bn in gold
The Caribbean island of Curaçao does not have any natural gold deposits. So why did dozens of tons of gold refined at a renowned Swiss refinery originate from the island? The evidence suggests they came from conflict areas in Venezuela — and the case underscores the shortcomings in gold industry regulations and standards that experts claim still exist today.
• Business • Views: 547
Oil nears $80, stocks retreat on Middle East war-driven inflation fears
U.S. stocks are declining on Monday, while oil prices surge due to concerns that conflict in the Middle East will disrupt the global supply of crude and exacerbate inflation.
• World News • Views: 689
Gold vanishes, billions disappear too: how in Burkina Faso contraband, corruption, and schemes are draining the country’s resources
Burkina Faso’s mining sector is a significant contributor to the country’s economy. As stated in the 2024 report of the Extractive Industries Transparency Initiative (EITI-BF), it comprised 69.56% of exports, 15.33% of public revenues, and 15.08% of GDP in 2024.
• Business • Views: 725
Gold hits record above $5,000 as fears grow over tariffs, dollar and global stability
Gold has surged past US$5,000 an ounce for the first time, as Donald Trump’s erratic policies and statements prompt more investors to seek refuge in the precious metal.
• World News • Views: 575
Ponzi king Noah Musingku, now “His Majesty David Peii II,” rules a BVK money cult in Bougainville
Fugitive Ponzi schemer Noah Musingku reigns over an armed “cargo cult” deep in the interior of one of the world’s most isolated islands.
• Business • Views: 679
Gold surges to record $4,000 per ounce amid market volatility, marking a historic milestone
Gold prices reached $4,000 per ounce on Tuesday for the first time, propelled by strong investment demand amidst broader geopolitical and economic uncertainty, as well as expectations of further interest rate cuts by the Federal Reserve.
• Business • Views: 507
Gold futures hit all-time high as tariff uncertainty sparks turmoil
US gold futures hit a record high on Friday amid uncertainty over whether country-specific US import tariffs would apply to the most commonly traded sizes of gold bars.
• Business • Views: 723
Exclusive | Gold-selling frenzy in NYC’s Diamond District sparks cash shortages: ‘This is a new experience’
As gold prices hit all-time highs, owners of vintage baubles and family heirlooms are scrambling to trade them for dollars -- and the frenzy has sparked a cash shortage across New York City's Diamond District, The Post has learned.
• Business • Views: 1100
Looking to sell your gold to NYC’s Diamond District? Follow these steps to get the best deal
"If you are selling stolen goods you are not going to come to my business," Ben Tseytlin of Bullion Exchanges said.
• US News • Views: 1100
Exclusive | Michigan man conned out of $400K in gold coins the latest victim in Long Island fraud ring: suit
A Michigan man was allegedly scammed out of nearly $400,000 by a Long Island dealer who is at the center of at least a dozen gold coin scams nationwide, court documents reveal.
• Tech • Views: 1131
Hunt for Nazi gold train filled with stolen artifacts revived after new clue revealed
The world is one step closer to figuring out the location of a Nazi gold train that's been reportedly missing for 80 years. Polish officials received a letter that allegedly had the location information on April 23. The letter's writer, who asked to remain anonymous, claims he found "camouflaged train carriages" in a tunnel near the city of Wałbrzych.
• Lifestyle • Views: 487
Costco customer makes eye-popping $600 profit after reselling a small item a year later: ‘Surprisingly easy’
Finance influencer Humphrey Yang bought a small gold ingot for $2,359 at Costco in April 2024 and then sold it for an eye-popping $600 profit this past March.
• Tech • Views: 1235
Hikers shocked to discover gold coins from 1800s — and they’re worth a fortune: ‘My jaw dropped’
A pair of hikers in Czechia hit the jackpot after stumbling upon a cache of gold coins and jewels worth over $300,000 -- which some historians speculate could've been purposefully hidden from the Nazis.
• Business • Views: 439
Gold reaches unprecedented levels above $3,000 as investors look for a secure refuge in response to Trump tariffs
Gold prices soared to record highs as investor concerns heightened over rising inflation following President Trump’s recent tariff announcements
• Business • Views: 1112
Gold price reaches an all-time high exceeding $3,000 as investors, alarmed by tariff concerns, look for a safe haven
Gold reached an all-time high on Friday as investors grew increasingly concerned that President Trump's tariffs might reignite inflation and lead to an economic downturn
• US News • Views: 470
Center of authority: Trio faces trial for allegedly stealing a $3.5 million gold toilet from Churchill's residence
Three individuals stole an 18-carat gold toilet valued at $3.5 million from a country mansion in England where Winston Churchill was born, and now they might be heading to jail, according to authorities
• Business • Views: 790
London faces gold shortage as traders ship to NYC fearing Trump tariffs
London is facing a gold shortage after traders pulled out billions in bullion from the vaults of the Bank of England and stockpiled them in New York amid fears that Donald Trump will slap fresh tariffs on the shiny commodity, the Financial Times reported on Wednesday.
• US News • Views: 1227
Operator error blamed for elevator incident that led to death of guide at former Colorado gold mine
Teller County Sheriff’s Office authorities revealed Patrick Weier’s death was caused by an “operator error.”
• World News • Views: 665
China claims to have unearthed the largest gold deposit in the world —worth $83B
More than 1,000 tons of gold reserves and ore veins were allegedly discovered by the Hunan Provincial Geological Institute some 12 miles beneath the surface in China's Pingjiang County, according to China state media.
• Tech • Views: 1150
A fortunate individual who collected ‘gold’ for years was surprised to find out it's something even more rare
A man using a metal detector was stunned to discover that the rock he thought was gold actually originated from space
• Lifestyle • Views: 771
The priciest bag in the world revealed at Paris Fashion Week with a staggering price tag
At Paris Fashion Week on Wednesday, Rabanne unveiled what is being recognized as the "most expensive bag in the world," crafted from more than 100 medallions made of 18-karat gold
• US News • Views: 799
Local Champions: Six Athletes from New York and New Jersey to Keep an Eye on at the 2024 Summer Olympics in Paris
Mitchell Saron, a fencer, Anita Alvarez, an artistic swimmer, Kyle Dake, a wrestler, Charlotte Buck, a rower, Jack Yonezuka, a judo athlete, and Sydney McLaughlin-Levrone, a hurdler, are all from the New York area and are on their way to the Olympics
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