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fromFortune Asia
23 minutes ago

Zijin Gold shares surge over 60% in Hong Kong debut as prices for the precious metal hit record highs | Fortune Asia

Shares in China's Zijin Gold International surged more than 60% on its debut in Hong Kong on Tuesday after raising more than $3 billion in one of the world's biggest initial public offerings this year. The blockbuster opening comes as gold prices continue to hit record highs amid surging demand for the safe-haven asset to head off broader market volatility and expected U.S. interest rate cuts.
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US politics
fromFortune
16 hours ago

U.S. gold reserves hit $1 trillion in value after record rally | Fortune

The US Treasury's gold reserves are worth over $1 trillion at current prices, far exceeding their $11 billion official valuation.
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