Consultants query declare gold telephone may be made in US

Consultants query declare gold telephone may be made in US

Natalie Sherman Business reporter, BBC News Lily Jamali North America technology correspondent Reporting fromSan Francisco Trump Mobile Experts have cast doubt on the Trump Organization’s claim that its proposed smartphone can be entirely manufactured in the US. One industry analyst told the BBC it would be “virtually impossible” for the gold-coloured handset – which will … Read more

Gold outshines Treasurys, yen and Swiss franc year-to-date

Gold outshines Treasurys, yen and Swiss franc year-to-date

“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus. Sven Hoppe | Picture Alliance | Getty Images SINGAPORE — Gold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens … Read more

Gold is now the world’s second-largest reserve asset

Gold is now the world’s second-largest reserve asset

An employee arranges gold bars at the Italpreziosi SpA precious metals refinery plant in Arezzo, Italy, on Tuesday, May 6, 2025. Bloomberg | Bloomberg | Getty Images Central banks’ growing appetite for gold meant that the precious metal was the second-largest global reserve asset in 2024, according to a European Central Bank report out Wednesday … Read more