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Gold Reserve's $7.38 billion bid recommended

Reuters on MSN · 12h

Gold Reserve's $7.38 billion bid recommended as winner of Citgo auction

A $7.38 billion bid by a unit of Toronto-listed miner Gold Reserve was named preliminary winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, organized by a U.S. court to pay creditors for debt defaults and expropriations in the South American country.

Seeking Alpha on MSN · 17h

Gold Reserve-led group's $7.4B bid for Citgo parent wins court recommendation

Gold Reseve Ltd. (OTCQX:GDRZF) said Thursday that the U.S. court officer overseeing the auction for PDV Holdings, the parent of Venezuela-owned U.S. refiner Citgo Petroleum, recommended its $7.38B bid.

The Wall Street Journal · 13h

Gold Reserve Emerges as Top Bidder for Venezuela’s Citgo

A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund offer.

Gold steadies ahead of US data

Moneycontrol · 35m

Gold set for weekly gain as investors weigh rates, trade impact

Bullion traded near $3,330 an ounce to be up around 1.7% this week. It ended the previous session 0.9% lower when US payroll figures surprised on the upside, while the unemployment rate came in lower than expectations.

Reuters on MSN · 1d

Gold steadies ahead of US data as investors weigh Fed rate stance

Gold prices steadied on Wednesday as investors awaited U.S. payroll data and assessed Federal Reserve Chair Jerome Powell's cautious stance on rate cuts, while a weaker dollar helped support greenback-priced bullion.

EconoTimes · 18h

Gold Prices Steady as Investors Await US Jobs Data and Fed Clues

Gold prices held firm in Asian trading on Thursday following a three-day rally, as investors adopted a cautious stance ahead of the key U.S. non-farm payroll report, which could offer fresh signals on the Federal

3h

RBI holds steady on gold purchases amid price forecast and geopolitical tensions

The Reserve Bank of India has paused its gold purchases in FY26, anticipating a price decline due to easing geopolitical ...

Money Metals Exchange13h

Central Banks Stockpiled More Gold in May

Uzbekistan sold 1 tonne of gold in May. The Uzbek central bank has been the biggest seller of the year, decreasing its ...

1don MSN

Gold eases as investors await US payroll data for Fed policy clues

Gold fell on Thursday as investors held back from making significant bets, awaiting the U.S. payroll data later in the day ...

InvestmentNews16h

Central banks boost gold holdings amid FX concerns

“Geopolitical risk is now very prominent in our survey,” said Philipp Salman, a strategist for central banks at UBS Asset ...

2d

Strategic gold reserves in France: a treasure trove of more than $200 billion under maximum security in the Paris subsoil

France holds the world’s 4th largest gold reserve, valued at over $250B, stored in a secure vault 27 meters beneath the ...

9d

UBS Calls Dollar ‘Unattractive’ As Gold Becomes A Preferred Reserve Asset

In a note to clients last week, UBS says the dollar is now “unattractive,” with further declines expected as the U.S. economy ...

1d

Gold and its miners may enjoy a 'critical mineral' upgrade

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

1don MSN

Sovereign Gold Bonds earn over 200% returns: RBI announces redemption price for some SGBs - check details

The Reserve Bank of India has set the redemption price at Rs 9,628 per unit for two Sovereign Gold Bond (SGB) tranches, ...

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