Breaking Gold News and Commentary (29 July 2015)

29, July

IMPORTANT NEWS
Gold demand weakest since 2009 in Q2 as Chinese turned to stocks-GFMS – Reuters
Despite weakest demand since 2009, GFMS raises 2015 gold price forecast slightly – Mining Weekly
Gold wedged below $1,100 ahead of Fed meeting outcome – Reuters
Gold Out of Style Like Bell-Bottom Trousers Signals Lower Prices – Bloomberg
Gold Stocks Resume Slump on Concern Chinese Demand Is Waning – Bloomberg

IMPORTANT COMMENTARY
Gold Could Fall to the $1,000 Mark: Perth Mint – Bloomberg
Comex Leverage Widens To Record – TF Metals Report
Analyst Who Predicted Bottom for Shanghai Stocks Sees Further 14% Plunge – Bloomberg
Marc Faber: Gold Is ‘Insurance if the Banking System Fails’ – Newsmax Finance
Top money managers are turning to gold — should you? – MarketWatch

Mark OByrne

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