Oct 19, 2018
The gold price has recently been hovering mostly between $1,210 and $1,230 with the big money, which could move the price up or down, perhaps waiting on the results of the U.S. midterm elections.
Oct 17, 2018
While central bank god buying has been a positive factor in the gold demand picture over the past few years, some new players may well enhance this aspect of the supply/demand equation
Oct 15, 2018
Do some big gold deposits into the world's largest gold ETF, GLD, signify a positive change in direction for the gold price?
Oct 14, 2018
Although China's forex reserve total and the value of its gold holdings both fell in September, the officially reported volume total of China's gold reserve remained unchanged at 59.24 million ounces - for the 23rd month in a row.
Oct 11, 2018
Yesterday's big falls in the Dow and S&P are being mirrored in Asia and Europe. Failing a rapid recovery this could presage a change in sentiment towards gold and silver as the ultimate safe haven assets.
Oct 10, 2018
The latest monthly figure for SGE gold withdrawals is around 12% down on the figure for the same month in 2017 and may indicate a weakening of Chinese gold demand in step with a turndown in the nation's economy due to the U.S.-initiated trade war.
Oct 06, 2018
The gold price managed to end the week north of $1,200 - just. There are short term headwinds holding the yellow metal back, but we still see longer term factors as positive and expect the price to be higher by the year-end.
Oct 04, 2018
The gold price has spent the past few days a little above or below the $1,200 mark and seems to be struggling to find direction one way or the other.
Sep 25, 2018
The proposed merger of Barrick Gold and Randgold, with the latter's key executives taking over day to day running of the enlarged company, could, if successful, lead to similar management changes in other Tier 1 mining companies.
Sep 24, 2018
The August country-by-country figures for Swiss Gold exports see mainland China No.1, closely followed by India, but exports to China via Hong Kong fell dramatically.
Sep 22, 2018
Gold ended the week back below $1,200 despite making earlier gains, but brought down by a massive flash crash on the paper gold COMEX futures market
Sep 21, 2018
Russia added another million ounces (31.1 tonnes) to its gold reserve in August bringing it to above the 2,000 tonne level. Meanwhile the World Gold Council reports that central bank gold buying in H1 was the highest for 3 years.
Sep 20, 2018
Is gold due for something of a recovery? We think it is although it may be slow at first and it may take a geo-economic or geopolitical crisis to initiate a big move.
Sep 18, 2018
Gold has seen a period of weakness - most ly due to dollar strength - but silver has performed even worse with the Gold:Silver ratio rising to over 85 at one time. Could now be a great time to buy silver?
Sep 11, 2018
When gold was on the rise in the first three and a half months of this year, gold deposits into GLD rose as well. Since then its been virtually all downhill. Investors should monitor GLD deposits or withdrawals as a guide to gold price direction.
Industry news provided by SharpsPixley.