Australian amateur prospector finds massive gold nugget

Australian amateur prospector finds massive gold nugget  An amateur prospector in the Australian state of Victoria has astonished experts by unearthing a gold nugget weighing 5.5kg (177 ounces). The unidentified man, using a handheld metal detector, found the nugget on Wednesday, lying 60cm underground near the town of Ballarat. ...

Gold Lures Japan’s Pension Funds as Abe Targets Inflation

Gold Lures Japan’s Pension Funds as Abe Targets Inflation   Japanese pension funds, the world’s second-largest pool of retirement assets after the U.S., will more than double their gold holdings in the next two years as the new government pushes for a higher inflation target, according to an adviser to the funds. Assets held...