Today’s top gold news and opinion

2/12/2024

Asia Gold India flips to premium, Lunar New Year sparks buying in other hubs (Reuters)
China premiums at $36-$48/oz range this week

BRICS: 159 Countries Eyeing Russia’s New Payment System (Watcher Guru)
“Russia has a System for Transmitting Financial Messages (SPFS), which is an alternative to SWIFT. Similar infrastructure exists in some other countries. We are holding discussions on the interaction of such platforms, but here the interest and technical readiness of our partners are important”

Tech companies axe 34,000 jobs since start of year in pivot to AI (FT)
Microsoft, eBay and PayPal have each cut thousands of jobs since the start of the year