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Argyle Coins Celebrate Profit Making First Year In The UK

It’s hard to believe that this time last year we were only just starting out in the UK, but a year has gone by already and we are pleased to announce that in the accounting period ending in 31/012017, Argyle Coins made a taxable profit of £32030.00. This is exciting news for us as not … Continue reading Argyle Coins Celebrate Profit Making First Year In The UK

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This One Trigger Could Send Gold Prices Soaring 25% In 2017

Rising Investment Demand Suggests that Gold Prices Could Soar The gold price outlook for 2017 looks solid. Fundamentals suggest that the yellow precious metal could soar, and this year could be the second one in a row in which gold prices increase. You see, in 2013 and 2014, all of a sudden gold appeared to … Continue reading This One Trigger Could Send Gold Prices Soaring 25% In 2017

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This Banking Giant Says Take Hold of Gold in 2017

Hold on to that shiny safe haven asset in your portfolio, banking giant UBS says. The price of gold was at $1,228.76 Monday, a near 7% rise year to date, as President Donald Trump’s bumpy first few weeks in office have spread jitters through the investing world, and led to doubts about the three interest … Continue reading This Banking Giant Says Take Hold of Gold in 2017

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Rio’s Argyle Diamond Mine Faces Uncertain Future

Rio Tinto is reviewing its plans to extend the life of the Argyle diamond mine, as the resources giant books a big impairment on the asset. Rio is still to make a call on whether the second stage of the underground block cave at the East Kimberley mine will go ahead. It spent $US2.5 billion expanding Argyle … Continue reading Rio’s Argyle Diamond Mine Faces Uncertain Future

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Gold Moving Higher — And it’s Probably Not Done Climbing

The man who built gold towers is now driving up the price of gold because of the uncertainty he brings to the White House. Gold futures prices hit a more-than-two-month high Monday, and they’re set to elevate further. Gold rose about 1 percent Monday, with futures for April settling at $1,232.10 per ounce. “It’s looking … Continue reading Gold Moving Higher — And it’s Probably Not Done Climbing

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Colored Diamonds Enjoy BOOM as Investors Enter The Market

High-price purchases of colored diamonds by investors have become more commonplace in recent years, according to a report in the the Wall Street Journal quoted by IDEX Online. The interest of Investors in colored diamonds is “part of a boom in niche over-the-counter luxury markets that were once the preserve of wealthy collectors”, as per … Continue reading Colored Diamonds Enjoy BOOM as Investors Enter The Market

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Demand Soars for Colored Diamonds

Last spring, Mahyar Makhzani, a Geneva-based fund manager, placed a 4.08-carat pear-shaped gem against special ultrawhite paper and peered at it through his eyeglass. He liked what he saw. Several days later, after 10 minutes of negotiation on the telephone with the stone’s New York-based seller, Mr. Makhzani and a business partner bought the vivid-orange … Continue reading Demand Soars for Colored Diamonds

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Rio Tinto Raises Diamond Output

Rio Tinto’s rough-diamond production grew 4 percent to 18 million carats in 2016, the lower end of its guidance, as it continued to step up underground operations at its Argyle mine in Australia. Output at Argyle, known for its production of rare fancy pink diamonds and high volume of lower-quality rough, increased 4 percent to … Continue reading Rio Tinto Raises Diamond Output

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Sovereign Wealth Funds Increase Alternative Assets Allocations

Sovereign wealth funds globally have increased their allocations to private equity, real estate, infrastructure and emerging markets, while reducing their exposure to listed and developed market investments, according to white papers issued today by State Street Corporation and the International Forum of Sovereign Wealth Funds (IFSWF). “Much like all investors in today’s economic climate, sovereign … Continue reading Sovereign Wealth Funds Increase Alternative Assets Allocations

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Scotland to Join Brexit Challenge

The Scottish government will seek to join a Brexit legal challenge, adding to the growing number of voices calling for a vote in Parliament before Prime Minister Theresa May can trigger the two-year countdown to departure from the European Union. The U.K. Supreme Court confirmed this afternoon that it would hear the English Brexit cases … Continue reading Scotland to Join Brexit Challenge

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