VENTURE CAPITAL POST

Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.

Hong Kong officials confiscated an estimated $10.7 million worth of gold disguised as machine parts being shipped to Japan.

Gold surged above $2,300 an ounce for the first time Thursday.

Gold prices surged to a new all-time high on Thursday, and experts predict they will rise further.

Gold prices surged to a new all-time high on Thursday, and experts predict they will rise further.

The Middle East's geopolitical instability has fueled gold price hikes, with investors anticipating a Federal Reserve rate decrease.

Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion.

Gold has achieved a new record high, accompanied by a notable surge in the value of Bitcoin.

The government will be reviewing all the gold policies in the country because the import of the of it has dipped low in the first half of the year to 2017.

Despite overwhelming profits from gold this year, gold managers suggest caution to possible risks of deficit.

India’s gold market is threatened as the government revealed a new jewelry tax regulation, requiring a 1 percent sales tax on gold jewelry. Import taxes has not been changed, even though jewellers have expected the government to eliminate the 10 percent import duty.

Due to a cyanide spill in a mine in Argentina, Canadian-owned Barrick Gold is facing a fine of $9.3 million imposed by the local government. Nine current and former employees are also being held as defendants over accusations of negligence that caused the spill.

South Africa's output in the manufacturing and mining sector might not be a good sign to start the year right. More mining sites stopped their operations creating illegal mining. The president should do something as investors are skeptical on how he handles the country's economic situation.

South Africa's gold industry is degenerating along with its economy. With the shut down of many gold mines, many workers are laid off leaving them no jobs and no food. This forces them to mine illegally and make their lives in jeopardy.

The Zimbabwe government will now take control all of the mining fields in the country as the state is being robbed of its wealth. Billions of dollars have been stolen from the nation's treasure chest because of smuggling and swinding according to President Mugabe.