Gold prices continue to set record highs, driven by strong central bank purchases and investment demand that has been building since the Russia-Ukraine war began in 2022. Central banks have added more than 1,000 metric tons of gold annually since then, with another 900 tons expected this year, double the 2016–2021 average.
“There’s a continued flow of safe-haven demand amid geopolitical matters that are still kind of wobbly, including the Russia-Ukraine war,” said Jim Wyckoff, senior analyst at Kitco Metals. He noted that last week’s Fed rate cut, along with expectations of further easing, is also supporting prices. Together, uncertainty, central bank buying, and investor appetite are…
Weekly Newspapers: In addition to daily publications, there are approximately 25
weekly newspapers serving urban areas.
Firecracker
Bitter koud — very cold. An Afrikaans phrase meaning ‘bitter cold’, often used to describe the cold weather during winter.Example: “Oh, my gosh! It’s bitter koud outside!”
Flyswat Briggs
A buddy in Cape Town saw some dude cat calling a coloured woman with that kst kst kst sound, so she turns around and says \”What? You got a puncture in your face or something??\”