Gold Storms Higher As Chinese Buying Returns

Gold Storms Higher As Chinese Buying Returns

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Costco Limits Gold Bar Buys

If you’re thinking of adding gold to your financial portfolio during a time of economic uncertainty, don’t plan on making a big buy at Costco. The popular Issaquah-based warehouse retailer just put a limit on gold bar purchases. Costco began selling gold bars in 2023. It’s estimated that the company sells more than $100 million worth of gold bars every month. The limit is now one bar per transaction, with a maximum of two purchases over 24 hours…

Chinese gold miner scours globe for takeover targets – by Yihui Xie, Sybilla Gross and Chongjing Li(Bloomberg News – May 16, 2025)

https://www.bloomberg.com/ A major Chinese gold producer is scouting for acquisition opportunities around the world, although the recent price volatility driven by global trade turmoil means it’s not rushing to secure deals. “There are so many projects on the market that owners are willing to sell,” Lydia Yang, chief executive officer of Chifeng Jilong Gold Mining ...