All posts tagged: Gold

Swatch’s New Gold MoonSwatch Solves the Problem of the Nightmare Royal Pop Launch

Swatch’s New Gold MoonSwatch Solves the Problem of the Nightmare Royal Pop Launch

Published by skeptic

Ever looking to underline its space-faring pedigree, Omega has again joined forces with Swatch to release another limited-edition MoonSwatch featuring Omega’s proprietary 18K Moonshine Gold alloy. But whereas previous special versions only had a sliver of the shiny stuff, this new model doesn’t hold back, featuring a dial, hands, crown, and pushers all made from Omega’s 18K Moonshine Gold alloy, with a combined weight of 11 grams. Called the Mission to the Moon 1969, the watch commemorates the Apollo 11 moon landing on July 21, 1969. It’s limited, rather appropriately, to 1,969 numbered pieces and comes in a black-and-gold version of Swatch’s upgraded rubber MoonSwatch straps. Photograph: Courtesy of Swatch Swatch says the gold used for these limited-edition pieces dates from around 1969, coming from old Omega spare parts that have been melted down in the company’s own foundry. In 1969, 11 grams of 18K gold apparently cost $11, so Swatch decided to price the gold in this MoonSwatch based on the price of gold on July 21, 1969, instead of today’s gold price. This …

Gold doesn’t ‘rust.’ Physics explains why

Gold doesn’t ‘rust.’ Physics explains why

Published by skeptic

atom: The basic unit of a chemical element. Atoms are made up of a dense nucleus that contains positively charged protons and uncharged neutrons. The nucleus is orbited by a cloud of negatively charged electrons. catalyst: (v. catalyze) A substance that helps a chemical reaction to proceed faster. Examples include enzymes and elements such as platinum and iridium. chemical reaction: A process that involves the rearrangement of the molecules or structure of a substance, as opposed to a change in physical form (as from a solid to a gas). compound: (often used as a synonym for chemical) A compound is a substance formed when two or more chemical elements unite (bond) in fixed proportions. For example, water is a compound made of two hydrogen atoms bonded to one oxygen atom. Its chemical symbol is H2O. copper: A metallic chemical element in the same family as silver and gold. Because it is a good conductor of electricity, it is widely used in electronic devices. distort: (n. distortion) To change the shape or image of something in …

Indonesia’s anti-graft prosecutor quits after police seize gold and cash | Corruption News

Indonesia’s anti-graft prosecutor quits after police seize gold and cash | Corruption News

Published by Sam Flores

Police seized 74kg of gold bars and $20m cash in various currencies. Published On 11 Jul 202611 Jul 2026 Indonesia’s top anticorruption prosecutor has resigned after police raids on his home and other locations led to the seizure of gold bars and $20m of cash in multiple currencies. In a statement on Saturday, the Attorney General’s Office said Febrie Adriansyah was stepping down as head prosecutor of special crimes “to maintain the integrity, objectivity, and neutrality of law enforcement”. Recommended Stories list of 4 itemsend of list Authorities have not formally charged Febrie with any crimes. Jakarta and national police raided at least 12 locations and interviewed 15 witnesses across Jakarta, South Tangerang and Bogor on July 8 and 9 in connection with a corruption and bribery case that authorities believe led to recent electricity blackouts in several parts of the country. The investigations are connected to massive fraud scandals at the state insurers Asabri and the now-defunct life insurance Jiwasraya, as well as concerns that state officials were colluding with mining companies procuring poor-quality …

Harry Styles calls Blue Peter gold badge his ‘proudest achievement’ after record Wembley residency

Harry Styles calls Blue Peter gold badge his ‘proudest achievement’ after record Wembley residency

Published by Daniella Wilson

Get the inside track from Roisin O’Connor with our free weekly music newsletter Now Hear This Get our free music newsletter Now Hear This Get our free music newsletter Now Hear This Harry Styles has declared receiving a Blue Peter gold badge, awarded for his musical career and inspiring young people, as potentially his “proudest achievement”. The 32-year-old singer, a childhood viewer of the programme, said: “I grew up watching Blue Peter and I never thought I would get one of these… this might be my proudest achievement.” He then addressed fans, adding: “If you are watching Blue Peter, I wish you luck in all your future endeavours, keep dreaming and treat people with kindness.” The gold Blue Peter badge is awarded to individuals in recognition of extraordinary achievements. Blue Peter presenter Shini Muthukrishnan presenting Harry Styles with a Blue Peter badge. (PA) Styles was presented with his badge by Blue Peter presenter Shini Muthukrishnan backstage at his record-breaking 12th Wembley Stadium show. Previous recipients of the gold badge include Madonna, Ed Sheeran and Sir …

US Prosecutors Credit Gold Trader in Iran Sanctions Case With Key Help Ahead of Sentencing

US Prosecutors Credit Gold Trader in Iran Sanctions Case With Key Help Ahead of Sentencing

Published by Sam Flores

NEW YORK (AP) — U.S. prosecutors are seeking leniency at next-week’s sentencing of a Turkish-Iranian businessman who admitted to helping Iranians and their government evade sanctions and who provided key testimony at a 2017 corruption trial that strained relations between the U.S. and Turkey. The prosecutors said Monday in a sentencing memorandum to a New York federal judge that international gold trader Reza Zarrab provided substantial help to the U.S. when he revealed paying millions of dollars in bribes to government and banking officials in Turkey and provided key testimony at the December 2017 trial. His testimony preceded the conviction of Turkish banker Mehmet Hakan Atilla and a sentence of over two years in prison for the banker. After the trial, Turkey President Recep Tayyip Erdogan called the verdict “scandalous.” In a presentence memorandum, prosecutors wrote that Zarrab’s October 2017 guilty plea to conspiracy, bank fraud and money laundering charges and the cooperation that followed had been “truthful, complete and reliable” and significant, useful and timely. They also noted that he had suffered “danger or …

2,000-Year-Old Gold Rings Found in Thailand by Human Bones

2,000-Year-Old Gold Rings Found in Thailand by Human Bones

Published by Jenni Sidey

An archaeological dig in western Thailand turned up a pair of gold rings in the vicinity of human bones. As reported by the Associated Press, one of the rings bears script that reads “pusarakhitasa,” which means “the one protected by Pushya.” Written in Bhrami, an ancient Indian system of writing, the allusion to Pushya refers to “one of the most auspicious zodiac signs in Indian astronomy,” according to the Thai government’s Fine Arts Department. The other gold ring is bare. Experts have theorized that the rings, discovered at the Don Yai archaeological site about 80 miles southwest of Bangkok, were owned by a merchant of the ancient Indian caste known as the Vaishyas. They were found as part of a dig that followed the discovery of ancient bronze drums nearby. “The site was dated to a late prehistoric era in Thailand, a period of human settlement also known as the Iron Age, established to be around 1,500 to 2,500 years ago,” according to the AP. Other finds from there include eight human skeletons, jewelry, pottery, …

Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump

Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump

Published by Jenni Sidey

While US cash markets are closed for the July 4th holiday, stocks around the world rebounded from yesterday’s momentum rout as the latest round of jitters about the AI trade subsided, with Europe’s benchmark rising to an all-time high. S&P futures rose 0.3% and Nasdaq 100 futures rebounded 1.2% in thin holiday trading after South Korean memory giants SK Hynix and Samsung Electronics recovered, helping to drive a 2% rally in Asian shares after earlier tumbling with SK Hynix plunging as much as 30% from its all time high. Europe’s utility and technology sectors outperformed to set the Stoxx 600 up for a second straight record close. The dollar touched a two-week low amid another mjni flash crash in the USDJPY overnight while gold extended gains. Friday’s gains marked the latest turn in a stretch of choppy trading as markets grapple with whether the second quarter’s AI-driven rally has gone too far. With stocks recovering after a two-day rout in chipmakers, investors are waiting for the upcoming earnings season as the next signal of whether massive spending on AI infrastructure can translate into profits. “The …

Tell us: have you invested in gold through a specialist bullion company? | Gold

Tell us: have you invested in gold through a specialist bullion company? | Gold

Published by Sam Flores

The Guardian is interested in hearing from people who have bought gold or other precious metals through specialist online dealers or brokers, including gold coins, bullion or investment products. We would like to hear from people about what prompted you to invest and how was the buying process? Was your experience what you expected? We’re interested in hearing about all experiences, whether positive, negative or somewhere in between. Share your experience You can share your response in the form below.  Your responses, which can be anonymous, are secure as the form is encrypted and only the Guardian has access to your contributions. We will only use the data you provide us for the purpose of the feature and we will delete any personal data when we no longer require it for this purpose. For alternative ways to get in touch securely please see our tips guide. Share your experience of investing in specialist gold bullion companies Please include as much detail as possible. If you are happy to, please upload a photo of yourself here …

Farage Has Been Paid £270,000 To Promote A Gold Bullion Dealer

Farage Has Been Paid £270,000 To Promote A Gold Bullion Dealer

Published by Sam Flores

Nigel Farage was paid £270,000 to promote a gold dealer, it has been revealed. The latest register of MPs’ financial interests show the Reform UK leader received the huge sum from London-based Direct Bullion on May 29. It shows that he did 12 hours of work over three months for the company, which means his payment works out at £22,500 per hour. The payment is double the £135,000 he received from the same company in October last year. He was also paid £91,200 from them in January 2025. The revelation came just a day before the Commons debates whether MPs should be banned from having second jobs. There is no suggestion that Farage has done anything wrong. A spokesman for the Reform boss said: “As has previously been reported and declared, Nigel Farage is a Brand Ambassador for Direct Bullion.” The latest register of interests also show the Clacton MP received £18,402 on June 16 from GB News for six hours work. The Reform leader is currently being investigated by parliament’s sleaze watchdog for not …

Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below 00 As Rate-Hike Odds Rise

Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise

Published by Jenni Sidey

Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs). The precious metal has posted double-digit gains for each of the last three years, more than doubling in price as central banks, money managers and retail investors all piled into the trade. That rally ran out of steam in late January, shortly after the precious metal hit an all-time-high near $5,600 an ounce. Chief among the factors that weighed on bullion’s performance was the outbreak of the US-Iran war. Higher energy prices have fueled inflation and increased the likelihood of rate hikes, making bullion less attractive relative to yield-bearing assets like Treasuries. Additionally, during the early period of the war, Gold reserves were used as a ‘piggy bank’ by Emerging Market nations to fund the huge increase in costs to procure energy (and manage currency runs). Although oil prices are now falling as …