Gold Market News Directory

Gold Rises to $1,322 an Ounce on More Ukraine Tension

Gold rose 0.3 percent or $3.96 to trade at $1,322 an ounce on Monday, according to Reuters. Tensions in Ukraine continue to grow, as the country told pro-Russian separatists to disarm by Monday morning or face an anti-terrorist operation.

Iraq Makes Big Gold Purchase to Stabilize Dinar

Bloomberg reported yesterday that so far this month, Iraq has purchased 36 metric tons of gold worth about $1.56 billion. That's the biggest purchase of the metal by a nation in three years.

China’s February Hong Kong Gold Imports Hit 109.2 MT

Bloomberg reported yesterday that according to data from the Hong Kong Census and Statistics Department, in February, China's gold imports from Hong Kong rose to 109.2 metric tons (MT), up from 83.6 MT the previous month.