Gold Blog

Dutch Central Bank: Gold Bars ‘Always Retain Their Value, Crisis Or No Crisis’

◆ “Gold is the perfect piggy bank – it’s the anchor of trust for the financial system” says the Central Bank of the Netherlands ◆ “If the system collapses, the gold stock can serve as a basis to build it up again” astutely and prudently observes the Dutch Central Bank ◆ The Dutch people “hold […]


GOLDNOMICS PODCAST: Prepare Now As Risk Of Contagion In Today’s Fragile Monetary World

◆ GOLDNOMICS PODCAST – Episode 13 – Lucky for some ! ◆ Why is nobody talking about the real risk of contagion to investors, savers & companies? ◆ While all the focus in the UK, Ireland and the EU is on Brexit, the risk of another debt crisis looms as companies, banks, governments and the […]


Gold Down 0.6% In Week Despite Fed Injecting Another $88.1 Billion Overnight, Brexit Risks and Iran Missile Attack

◆ Gold is marginally higher today but 0.6% lower for the week at $1,499/oz despite a very positive back drop with increasing geopolitical, monetary and systemic risks ◆ Silver is again outperforming gold, recovering to $17.70/oz and is 0.5% higher for the week as smart money continues to accumulate undervalued silver; while palladium prices reached […]


Gold ETFs See Holdings Reach All Time Record Highs In September

◆ Global gold ETF holdings reach all time record highs, increasing by 13.4% so far in 2019 on hedging and safe haven demand ◆ Global gold ETFs, ETCs and similar products had US$3.9bn of net inflows across all regions, increasing their collective gold holdings by 75.2 tonnes(t) to 2,808t, the highest levels of all time in September ◆ Gold ETF […]


China’s Central Bank Buys 100 Tons Of Gold As Trade and Dollar Tensions With U.S. Escalate

◆ China has added more than 100 tons of gold bullion bars to its gold reserves since it resumed buying in December; China’s gold holdings rose to 62.64m ounces in September, an increase of 190,000 ounces in one month ◆ The People’s Bank of China (PBOC) increased it’s gold reserves for a 10th straight month […]


Chinese Buy Gold In Volume In Holiday Week as Gold Jewellery Sales ‘Soar’

◆ Gold is marginally lower today at $1,503/oz and stocks are mixed ahead of what are set to be tense U.S. and China trade negotiations. ◆ Gold sales are expected to accelerate through the end of the year due to weakening global economic conditions, according to Mike McGlone, a Bloomberg Intelligence senior commodity strategist as […]


Gold Consolidates At $1,500/oz As Stocks Fall On Fragile Global Economy Vulnerable To Shocks

NEWS and COMMENTARY Gold rises as weak U.S. data fuels global slowdown worries Global stocks fall to lowest in month on U.S. growth worries Dow dropped more than 800 points in 2 days — here’s what’s going on Manhattan Resale Home Prices Drop Most Since 2011 Morgan Stanley, Mitsubishi fined for spoofing in gold and […]


Gold Recovers To $1,482/oz As Stocks Globally Fall Sharply After U.S. Manufacturing ‘Shock’

NEWS and COMMENTARY Gold inches up as weak U.S. data reinforces economic slowdown fears Gold prices end higher as fall in U.S. manufacturing index spurs haven buying Gold Is Breaking Out as Oil May Be Ready to Move Higher, Fidelity’s Gagliardi Says Global shares at one-month low on U.S. manufacturing shock Too big to lend? […]


Gold Falls To 2 Month Low At $1,460/oz; UBS Increases Forecast to $1,730 Next Year

NEWS and COMMENTARY Gold lingers near 2-month low, robust dollar weighs Gold drops below the key $1,500 mark to post lowest finish in 2 months Euro drops to 28-month low on growth concerns UBS Doubles Down On Gold — Ups Its Forecast Again, up to $1,730 in 2020 Oil falls, Brent posts biggest quarterly drop […]


Video: Gold $16,000 and Silver $700 Per Ounce? Focus On Safe Haven Value, Not Price

– “The possibility of gold over $16,000 per ounce and silver over $770 per ounce … I hear people gasp in dismay when I say those figures and I will qualify them” – “There are a lot of important developments in the precious metals market … the outlook for gold and silver has never been […]


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