Following fresh economic data that confirmed expectations of a less hawkish Federal Reserve, gold rose on Friday as US Treasury yields and the dollar fell, positioning the metal for a third straight weekly gain At 11:45 a.m. ET, spot gold increased 1.5% to $1,861.24 an ounce after declining by almost […]
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You could question why it literally means, “He who sits on gold Otekokosou – You might have heard this a few times. It is a recognition that has endured since the beginning of time for the Asantehene, the King of the Ashanti Kingdom. Otumfuo Osei Tutu II dressed in his […]
After a year, Uganda resumes its gold trade. The suspension resulted from gold dealers objecting to the gold tax assessment. Gold dealers have already started exporting again, and a new tax has been mooted. Uganda discovers gold deposit The country has reportedly restarted trading in gold following a 12-month […]