Jul 23, 2018
Greater China (mainland plus Hong Kong) remained the principal destination for Swiss gold exports again in June. So far this year Greater China has imported around 400 tonnes of gold from Switzerland alone.
Jul 21, 2018
Russia, which has been running down its holdings of U.S. Treasuries, is continuing to increase its gold reserves at a rate of over 200 tonnes a year. At the current rate of increase the nation's holdings will exceed 2,000 tonnes by the end of 2018.
Jul 21, 2018
Canadian gold economic analytical consultancy, Murenbeeld & Co. has come up with a revised forecast for the gold price over the remainder of this year and next with a likely year-end figure of only $1,293
Jul 19, 2018
The continuing strength of the U.S. dollar has seen the gold price marked down to below the $1,220 level making earlier projections for the metal's likely price performance this year look a little optimistic.
Jul 15, 2018
China has again reported a zero increase in its official gold reserves to the IMF for the 20th successive month increasing speculation that it is building up its gold holdings in other non-reported accounts.
Jul 14, 2018
The Republic of South Africa (RSA) used to be by far the world's biggest gold producer but output there peaked nearly 50 years ago and has been on the decline ever since.
Jul 11, 2018
The U.S.-China trade (tariff) war appears to be escalating and markets are reacting nervously accordingly.
Jul 10, 2018
Gold looked as though it might be about to break out from its recent weak trading range, but has been brought back down to earth by a stronger dollar
Jul 06, 2018
Chinese gold demand as measured by SGE gold withdrawals seems to be holding up well and has already exceeded 1,000 tonnes at the half year mark
Jul 01, 2018
Gold and silver may be down in price year to date, but other assets - apart from oil - have performed little better and some, like bitcoin, infinitely worse
Jun 27, 2018
Russia has been by far the biggest buyer of gold for its central bank as reported monthly to the IMF, but recently Turkey has joined in as the second largest reported buyer of gold for its central bank.
Jun 25, 2018
Latest Swiss gold export figures point to continuing strong Chinese demand in May, although Indian demand still fairly low
Jun 23, 2018
Dr Martin Murenbeeld firmly believes that it is inevitable that the U.S. dollar will have to be devalued against gold as an ultimate result of escalations in President Trump's tariff impositions.
Jun 22, 2018
Precious metals prices would probably also suffer short term should there be a global equities downturn, but they would likely recover faster and better.
Jun 21, 2018
Russia added another 18.66 tonnes of gold to its reserves in May bringing it ever closer to the 2,000 tonne level.
Industry news provided by SharpsPixley.