gold

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French Man Finds $800K in Gold, Coins While Digging Pool
French Man
Hits Jackpot
While Digging
His Pool
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French Man Hits Jackpot While Digging His Pool

5 gold bars, various coins were buried under garden in Neuville-sur-Saone

(Newser) - A French man digging a swimming pool in his backyard stumbled onto a fortune hidden just beneath the surface. The unexpected find: five gold bars and a stash of coins, wrapped in plastic bags, with an estimated value of $800,000, reports CBS News . Per Reuters , the man reported his...

Mystery Over $10M Gold Toilet Seems to Be Solved

Mets boss Steve Cohen appears to be owner of the golden throne set to hit Sotheby's auction block

(Newser) - The art world's shiniest mystery has finally been flushed out: An infamous $10 million gold toilet is hitting the auction block , and the owner is none other than Mets boss and billionaire Steven Cohen, sources tell the New York Times . The 18-karat throne, crafted by conceptual artist Maurizio Cattelan...

Sotheby's Latest 'Incisive Commentary:' $10M Gold Toilet

Maurizio Cattelan sculpture up for auction is named 'America'

(Newser) - For sale: the world's most valuable toilet. Sotheby's announced on Friday that it will auction off the solid gold commode, a sculpture by Italian artist Maurizio Cattelan titled "America." The auction house calls it an "incisive commentary on the collision of artistic production and commodity...

Latest Hit on French Museums: a $700K Gold Heist
Woman, 24, Charged in
Paris Museum's Gold Heist
UPDATED

Woman, 24, Charged in Paris Museum's Gold Heist

This one was at the National Museum of Natural History, before the one at the Louvre

(Newser) - Amid the ongoing search for thieves who struck Paris' Louvre on Sunday, French prosecutors have some good news to announce: an arrest in last month's break-in at Paris' National Museum of Natural History. A 24-year-old woman from China stands charged with stealing roughly 13 pounds of gold nuggets from...

It's a Record Market— With Cracks at Its Base

Investors flock to safety as economic warning signs multiply

(Newser) - As Wall Street weathers its rockiest period since last summer, investors are seeking safety in classic defensive sectors like utilities, health care, and consumer staples—industries that tend to stay steady when the economy wobbles. For the first time in over a year, these three sectors are on track to...

Silver Price Breaks Record Set in 1980

45-year-old record was set amid Hunt brothers' ill-fated attempt to corner the market

(Newser) - Silver prices climbed to their highest point ever on Monday, surpassing a record that had stood since the era of the Hunt brothers' infamous attempt to corner the market in 1980. Silver futures settled at $50.13 a troy ounce, up nearly 7% in a single day and edging...

Gold Hits $4K an Ounce for the First Time
Price of Gold
Just Hit a Milestone

Price of Gold Just Hit a Milestone

It rises about $4K an ounce for the first time as jittery investors flock to safe havens

(Newser) - Gold reached a milestone on Tuesday, climbing above $4,000 an ounce for the first time as investors seek a safe haven for their money, reports CNBC . The rally comes amid a confluence of political and economic uncertainties reminiscent of gold's last historic leap in 1979—when inflation,...

Runner Has Won 1500M at Every Meet for 4 Years

Faith Kipyegon ties all-time record with eighth global gold

(Newser) - Faith Kipyegon cemented her legacy at the World Athletics Championships by capturing an unprecedented fourth world title in the 1500 meters Tuesday in Tokyo, matching the record set by men's world record holder Hicham El Guerrouj and marking her fifth straight global gold in the event. The 31-year-old...

There's $1M in Gold Hidden Somewhere in Canada

Clues, riddles point to loot in the Great Canadian Treasure Hunt

(Newser) - Canadians now have a fresh reason to roam the great outdoors: There's $1 million in gold—in the form of 1-oz. coins, 217 of them—hidden around the country, and finding it is the aim of the new Great Canadian Treasure Hunt , put together by the Northern Miner...

3 Men Sentenced in Devastating Gold Heist

Centuries-old Celtic coins remain missing after lightning-fast 2022 museum raid

(Newser) - Three men have been sentenced to prison for their roles in a high-profile heist at a German museum, where hundreds of ancient Celtic gold coins were taken in just nine minutes. A court in Ingolstadt on Tuesday found the trio guilty of gang robbery for the 2022 break-in at...

New State Laws Encourage Consumers to Pay With Gold

Measures allow using digital platforms backed by precious metals

(Newser) - Paying for groceries with gold coins may sound like a quaint scene from a bygone era, but new laws in several states are reviving precious metals as currency. Missouri, Texas, Florida, and Arkansas are opening the door for residents to use gold and silver much like cash. Under the...

This May Be the Right Time to Raid Your Silver Drawer

Industrial demand, investor interest drive silver to highest prices in a decade

(Newser) - Silver prices have jumped 27% this year, hitting their highest levels in more than a decade and prompting Americans to cash in old jewelry, coins, and silverware. While gold often grabs headlines, silver's rally has been fueled by strong demand from both investors and industrial buyers, particularly solar-panel...

7 Nabbed in Largest US Jewel Heist
7 Nabbed in Largest
US Jewel Heist

7 Nabbed in Largest US Jewel Heist

Suspects allegedly tailed Brinks truck 300 miles before stealing $100M in gold and gems

(Newser) - Seven residents of the Los Angeles area stand accused of pulling off what federal prosecutors say is the largest jewelry heist in US history—allegedly making off with nearly $100 million in gold and gems from a Brinks truck after a 300-mile pursuit. Authorities say the men aged 31...

In Senegal, Gold Is a Lucrative but Risky Gig

Mercury used to suss out gold from rock is poisoning those who use it, especially women

(Newser) - The quickest way to separate gold from rock, Sadio Camara says, is with a drop of mercury. She empties a dime-size packet of the silvery liquid into a plastic bucket of muddy sediment outside her home in southeastern Senegal. With bare hands and no mask, she swirls the mixture as...

Safe Haven of Gold Hits a Price Milestone

It reaches $3K per troy ounce for the first time amid financial turmoil

(Newser) - The price of gold hit $3,000 per troy ounce for the first time ever on Friday, a sign that investors are looking for a safe haven amid financial uncertainty in the US and abroad. Gold is "the panic asset of choice," Jason Hollands of UK wealth manager...

Elon Musk: I'm 'Looking for the Gold at Fort Knox'

DOGE may try to get access to the highly secretive government locale

(Newser) - DOGE is making inroads at the Treasury , the Social Security administration , the IRS , and a slew of other government entities—but can it get into Fort Knox? Elon Musk said Monday the famous gold repository is on his radar, reports the Hill . "Looking for the gold at Fort Knox,...

Israel Says Beirut Hospital Is Hiding Millions for Hezbollah

Hospital invites journalists in to prove it has nothing

(Newser) - The Israeli army accused Hezbollah of storing money and gold under a prominent hospital in Beirut, and the director of the hospital responded by inviting journalists in for a look, reports the AP , which was among those invited to inspect. Fadi Alame, a member of Lebanon's Parliament who's...

Treasure Hunter Finds $26K in Gold by Looking at Clouds

Meteorologist Dan Leonard comes forward as Project Skydrop winner

(Newser) - The man who found a $26,000 gold treasure hidden in western Massachusetts says he had a leg up on the competition: "meteorology skills." As a meteorologist, Dan Leonard says he paid close attention to readings of temperature and cloud cover visible on a live trail camera showing...

$26K Treasure Hidden in Northeast Has Been Found

Project Skydrop has yet to learn the identity of the person who found it

(Newser) - The treasure has been found. A $26,000 gold trophy at the center of an East Coast treasure hunt was discovered Tuesday evening, according to Project Skydrop's website , which showed a trail-camera image of a person wearing Adidas sneakers reaching down to pick up the trophy amid a wooded...

Royal Mint Is Mining Gold From Discarded Electronics

UK's official coin maker invests in a new factory to extract it from old phones, laptops, etc.

(Newser) - There's gold in your old iPhone and laptop, and the British Mint is not letting it go to waste. CBS News reports that the UK's official coin maker has begun mining e-waste for gold at a new industrial plant in Wales. "What we're doing here is...

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