Gold hits $3,000: Boost for Africa’s Producers

THE price of gold has smashed through the $3,000 per ounce barrier for the first time, offering a potential windfall for Africa’s gold-producing nations. As demand for the precious metal surges, major economies across the continent stand to benefit from increased exports and foreign exchange earnings. According to a report by the BBC, gold reached a record $3,004.86 … Read more

Gold Prices To Decline, Silver to Rise in 2025

  GOLD prices are expected to decline in 2025 while silver prices may increase, according to Economic Survey 2024-25 tabled in Parliament on Friday. Citing the World Bank’s Commodity Markets Outlook for October 2024, the economic survey highlighted that commodity prices are projected to decrease 5.1 per cent in 2025 and 1.7 per cent in … Read more