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Tag: gold

Central bank gold buying soars to 55-year high

Overall demand in 2022 was the highest in over a decade, the World Gold Council has said Gold buying, which dipped during the Covid-19 pandemic, gained momentum in 2022, with demand soaring 18% against the previous year, the World Gold Council (WGC) said on Tuesday. According to the group, consumption last year hit 4,741 metric tons, the highest yearly total since 2011. The WGS also…

Russian hurdles queen loses Olympic gold

Natalya Antyukh was punished after doping samples were re-analyzed Russian athlete Natalya Antyukh has been stripped of the gold medal she won at the London 2012 Olympics after the conclusion of a doping investigation, it has been confirmed.  Antyukh was already serving a four-year ban after being cited in a probe by the World Anti-Doping Agency (WADA).  She had expected to be stripped of the 400m…

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