gold

Federal executive with top-secret clearance created a fake classified program and diverted $145 million into luxury property and gold; after FBI found 298 gold bars, he pleaded guilty to a $193.6 million fraud

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Federal executive with top-secret clearance created a fake classified program and diverted $145 million into luxury property and gold; after FBI found 298 gold bars, he pleaded guilty to a $193.6 million fraud

Federal executive created fake program, diverted $145M; FBI found 298 gold bars in $193.6M fraud (Image Credit: USAO EDVA) A former senior federal employee with a top-secret security clearance has pleaded guilty to defrauding the US government of approximately $193.6 million, allegedly using fabricated government authorities to obtain money for himself. According to the US … Read more

An 1852 California Gold $50 coin from the Gold Rush era sold for $367,875 on September 6; the rare piece was one of eight territorial coins in a collection that drew 475 bids from collectors

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An 1852 California Gold $50 coin from the Gold Rush era sold for $367,875 on September 6; the rare piece was one of eight territorial coins in a collection that drew 475 bids from collectors

An 1852 California Gold $50 coin from the Gold Rush era sold for $367,875 (Image Credit: GreatCollections) An 1852 California Gold $50 piece has brought nearly $368,000 at auction, highlighting the enduring appeal of coins linked to the early Gold Rush era. According to the auction house GreatCollections, the rare Augustus Humbert $50 was part … Read more

Gold price today: Why is gold near a 7-week low as oil prices rise?

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Gold prices remain near a seven-week low as oil prices and US Treasury yields rise. (pexel)

Gold prices moved slightly higher on Tuesday, but remained close to a seven-week low. Gold had suffered a sharp fall in the previous session, dropping about 4%, as investors reacted to higher oil prices and rising US Treasury yields. Gold prices remain near a seven-week low as oil prices and US Treasury yields rise. (pexel) … Read more

Archaeologists uncover 2,700-year-old Etruscan tomb at Italy’s Vulci; weapons, gold and rare pottery found in elite burial

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Archaeologists uncover 2,700-year-old Etruscan tomb at Italy’s Vulci; weapons, gold and rare pottery found in elite burial

Archaeologists uncover 2,700-year-old Etruscan tomb at Italy’s Vulci; weapons, gold and rare pottery found in elite burial (Image credit: Return to Vulci Project) Archaeologists have uncovered a monumental Etruscan tomb inside an ancient cemetery at Vulci in central Italy, nearly 140 years after French archaeologist Stéphane Gsell first identified the burial mound surrounding it. The … Read more

Indian-origin woman robbed of $20,000 worth of jewelry during evening walk in Canada, stranger lady touched her feet, hugged, swapped gold necklace with fake in seconds

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Indian-origin woman robbed of $20,000 worth of jewelry during evening walk in Canada, stranger lady touched her feet, hugged, swapped gold necklace with fake in seconds

78-year-old Indian woman was robbed of her gold jewelry during her evening walk in Brampton, Canada. (Photo: CTV News) A 78-year-old Indian-origin woman was the target of a daring robbery in Brampton, Canada, when she was on her evening walk in the neighborhood. Her son Raghavendra Kumar told the police that his mother does not … Read more

In 1998, Alaska miner Barry Clay was pushing dirt with a bulldozer near Ruby when he uncovered a 294.1-ounce gold nugget; 23 years later, the state’s largest recorded nugget sold for $750,000

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In 1998, Alaska miner Barry Clay was pushing dirt with a bulldozer near Ruby when he uncovered a 294.1-ounce gold nugget; 23 years later, the state's largest recorded nugget sold for $750,000

Alaska miner Barry Clay was pushing dirt with a bulldozer near Ruby when he uncovered a 294.1-ounce gold nugget (Image Credit: Heritage Auctions) One push of a bulldozer turned an ordinary day of placer mining into a discovery that would enter Alaska’s mining history. In 1998, miner Barry Clay was moving dirt near Ruby when … Read more

Former CIA official David Rush, found with 303 gold bars worth over $40 million, reaches plea agreement in principle as prosecutors cite classified-material litigation

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Former CIA official David Rush, found with 303 gold bars worth over $40 million, reaches plea agreement in principle as prosecutors cite classified-material litigation

Federal prosecutors and attorneys for former Central Intelligence Agency official David Rush have reached a plea agreement in principle, stopping proceedings before a grand jury indictment in a case involving $40 million in stolen gold bars and classified operations. A joint court filing submitted to the United States District Court for the Eastern District of … Read more

Gold price today: Why gold is near $4,400 ahead of US inflation data

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Gold prices moved higher on Thursday as investors waited for new US inflation data. Spot gold rose 0.4% to $4,418.87 an ounce at 02:40 ET (06:40 GMT). Gold futures also rose 0.03% to $4,461.82 an ounce. Gold prices remain near $4,400 as investors await US inflation data and Fed rate signals. (Representational image) Investors are … Read more

35-year-old Muzamil Ahmed was boarding a flight to Saudi Arabia, arrested at JFK over alleged $250 million senior gold scam in Texas

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35-year-old Muzamil Ahmed was boarding a flight to Saudi Arabia, arrested at JFK over alleged $250 million senior gold scam in Texas

Muzammil Ahmad, a key figure in a gold scam targeting seniors in Texas, was arrested as he was boarding a flight to Saudi Arabia. A 35-year-old man accused of playing a central role in an international fraud network that allegedly stole more than $250 million from elderly victims has been arrested at New York’s John … Read more

Gold rebounds as Trump signals short Iran conflict; Fed rate fears, US jobs data cap gains

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Gold prices recovered slightly on Wednesday after falling for three straight sessions. Spot gold rose 0.1% to $4,386.94 an ounce in Singapore, while silver gained 0.1% to $65.38 an ounce. Platinum and palladium were little changed. Gold was trading near $4,385 an ounce after gaining about 1% in the previous session. The earlier rise ended … Read more