|
|
by GoldCore
Today’s AM fix was USD 1,454.00, EUR 1,108.74 and GBP 939.09 per ounce.
Yesterday’s AM fix was USD 1,463.00, EUR 1,118.67 and GBP 941.74 per ounce.
Cross Currency Table – (Bloomberg)
Gold rose $17.90 or 1.22% yesterday to $1,452.00/oz and silver finished down 0.29%.
The Reserve Bank of India issued a set of guidelines last week increasing restrictions on gold imports. According to UBS precious metals research they targeted the following areas:
1. [...]
London Gold Market Report
from Ben Traynor, BullionVault
Thursday 14 March 2013, 09:00 EST
Gold “Facing Competition from Stock Market” for Investment Dollars, CFTC Asks if Gold Fix Manipulated Like Libor
GOLD dropped below $1580 per ounce Thursday morning, while gold in Sterling and Euros fell back below £1060 and €1225 an ounce respectively, extending losses from a day earlier that following stronger-than-expected US retail sales data.
Like gold, silver drifted lower this morning, dipping [...]
by Gold Core
Today’s AM fix was USD 1,577.00, EUR 1,049.10 and GBP 1,204.18 per ounce.
Yesterday’s AM fix was USD 1,580.50, EUR 1,213.25 and GBP 1,054.02 per ounce.
Silver is trading at $28.81/oz, €22.04/oz and £19.24/oz. Platinum is trading at $1,604.50/oz, palladium at $760.00/oz and rhodium at $1,200/oz.
Gold fell $5.70 or 0.36% closed at $1,577.70/oz. Silver slid $0.19 or 0.65% to $28.86.
Gold and Silver ETF Holdings
Gold appears to be consolidating just below the [...]
by GoldCore
Today’s AM fix was USD 1,692.25, EUR 1,268.84, and GBP 1,066.19 per ounce.
Yesterday’s AM fix was USD 1,692.50, EUR 1,268.17, and GBP 1,068.36 per ounce.
Silver is trading at $32.33/oz, €24.32/oz and £20.46/oz. Platinum is trading at $1,700.50/oz, palladium at $725.00/oz and rhodium at $1,200/oz.
Cross Currency Table – (Bloomberg)
Gold climbed $6.40 or 0.4% in New York yesterday and closed at $1,690.50/oz. Silver slipped to $31.79 in London, but it then [...]
Silver Investment has so far been one of the most popular market moves of 2013. Silver seems set to achieve a new all-time price record in 2013 on a relentless and historic climb reaching as high as $55 to $64 an ounce. The out-of-proportion Gold to Silver ratio which should move back down is one of the best reasons why Silver will rise faster than Gold. Higher investment demand as paper money [...]
London Gold Market Report
from Adrian Ash
BullionVault
Friday 30 Nov, 06:35 EST
Gold Recovers Pre-Jump-and-Slump Level, Forecast to Average $1920 in 2013
GOLD PRICES rose back to $1730 per ounce in early London trade on Friday – the same level seen just before last week’s late jump and subsequent 2.0% sell-off on Wednesday.
Silver touched a new 8-week high just shy of $34.40 per ounce, while the broader commodities market ticked lower.
Major-government debt prices were [...]
by GoldCore Gold Bullion
Today’s AM fix was USD 1,723.50, EUR 1,351.45, and GBP 1,087.66 per ounce.
Yesterday’s AM fix was USD 1,724.50, EUR 1,353.08, and GBP 1,085.21 per ounce.
Silver is trading at $32.53/oz, €25.60/oz and £20.52/oz. Platinum is trading at $1,573.50/oz, palladium at $627.75/oz and rhodium at $1,100/oz.
Gold was relatively unchanged up $0.50 or 0.03% in New York yesterday and closed at $1,725.00. Silver fell to a low of $32.36 and [...]
by GoldCore Gold Bullion
Today’s AM fix was USD 1,715.00, EUR 1,347.42, and 1,075.84 GBP per ounce.
Yesterday’s AM fix was USD 1,730.50, EUR 1,345.86, and GBP 1,080.75 per ounce.
Silver is trading at $31.85/oz, €25.10/oz and £20.00/oz. Platinum is trading at $1,546.75/oz, palladium at $607.30/oz and rhodium at $1,100/oz.
Gold rose $2.10 or 0.12% in New York yesterday and closed at $1,718.30. Silver hit a low of $31.209 then recovered in late trade [...]
London Gold Market Report
from Adrian Ash
BullionVault
Thurs 1 Nov, 09:00 EST
Gold & Silver Rise as China’s Long-Term Demand Forecast to Keep Growing
WHOLESALE PRICES to buy gold rose to 7-session highs in London on Thursday morning, touching $1726 per ounce even as new data showed US employment rising at its fastest pace since February.
The private-sector ADP payrolls report said the US added 158,000 jobs in October. Earlier data from the manufacturing sector [...]
Yesterday Australia reported its gold exports to China are up 900% in 2012. Gold imports by India are expected to rise to 200 tons in Q4.
While the West continues to dump it’s phyzz, the East continues to STACK THE SMACK & bring it home by the truckload.
Gold imports by India, the world’s largest buyer, are set to climb for the first time in six quarters as a decline in domestic bullion prices [...]
by GoldCore
Today’s AM fix was USD 1,603.50, EUR 1,306.74, and GBP 1,021.34 per ounce.
Yesterday’s AM fix was USD 1,594.75, EUR 1,293.60 and GBP 1,016.74 per ounce.
Silver is trading at $27.91/oz, €22.81/oz and £17.85/oz. Platinum is trading at $1,401.00/oz, palladium at $574.40/oz and rhodium at $1,075/oz.
Gold rose $4.50 or 0.28% in New York yesterday and closed at $1,604.10/oz. Silver edged off and recovered to a high of $27.99 and finished with [...]
From GoldCore
Soros Gold Action Speaks Louder Than Trumpeted ‘Bubble’ Words
Today’s AM fix was USD 1,594.75, EUR 1,293.60, and GBP 1,016.74 per ounce.
Yesterday’s AM fix was USD 1,614.50, EUR 1,305.60 and GBP 1,028.34 per ounce.
Silver is trading at $27.70/oz, €22.65/oz and £17.74/oz. Platinum is trading at $1,401.25/oz, palladium at $571.75/oz and rhodium at $1,060/oz.
Gold dropped $8.70 or 0.54% in New York yesterday and closed at $1,599.60/oz. Silver climbed higher before retreating to [...]
The World Gold Council recently released its own report for the gold market for 2011. It noted that while global demand for gold had hit a new all-time high in (nominal) dollar terms , it was merely reaching its highest level in 15 years in terms of tonnages.Hardly the signs of an “over-heated” market, as is regularly claimed by the flock of mainstream Chicken Littles clucking about a “bubble” in the gold market.
Indeed, investment [...]
WHY GOLD WILL ERUPT
Intervention, manipulation and suppression
We have gold intervention, manipulation and suppression by governments, banks and hedge funds. We have a paper market in gold which is around 100 bigger than the physical market, facilitating this market intervention.
Governments dislike gold since it reveals their deceitful actions in destroying the value of paper money by printing unlimited amounts of it. The media don’t understand gold. Financial TV ridicules gold and [...]
With gold, silver, and their miners’ stocks drifting listlessly near correction lows, the sentiment in precious-metals land is even more pessimistic than usual. Bears abound while bulls are now an endangered species. But interestingly, demoralizing consolidations are par for the course this time of year. Throughout most of their secular bull, the precious metals have suffered during the summer doldrums.
Back in the era of wind-powered tall ships, the doldrums were [...]
Italian and Spanish bond yields
Please notice the graphs and yields for 10 year bonds in Italy (currently at 6.04%) and Spain (currently at 6.44%). The bailout rally did not last and bond yields are turning higher.
Headlines:
Spanish Yields Surge As Bank Bailout Stokes Sovereign Debt Fears
Infosys Skirts Italy, Spain Software Deals on Euro Crisis
ECB Financing to Portuguese Banks Increased to Record in May
Puerto Rico Borrowing Costs Rise on Rating Concern: Muni Credit
Spain told it will [...]
by GoldCore
Today’s AM fix was USD 1,633.25, EUR 1,305.45, and GBP 1,057.33 per ounce.
Friday’s PM fix was USD 1,606.00, EUR 1,292.76, and GBP 1,041.76 per ounce.
Silver is trading at $29.35/oz, €23.57/oz and £19.03/oz. Platinum is trading at $1,469.00/oz, palladium at $622.00/oz and rhodium at $1,200/oz.
The ECB has left its benchmark refi rate at 1.0% as expected. The deposit rates remains at 0.25 pct and the marginal lending rate at 1.75 [...]
My experience and the charts tell me that silver prices are likely to head to $75 to $125/oz. in the next one to two years. That’s about a 150% to 230% gain for those who buy silver under $30/oz.
The reason why is that we are in a bull market for silver, where silver prices will likely continue to increase until and unless something major changes. There are many fundamental things [...]
From AlphaVN:
The latest numbers published by the World Gold Council reveal that there is a sea-change happening in the gold market. It’s no secret that central banks have been buying, intermittently, gold and adding to their official reserves. The first quarter numbers showed clearly that gold demand is rising in the East faster than it is in the West and this has helped push the price higher.
The trend looks to [...]
Jewelery demand fell 19 percent and investment demand fell 46 percent, as gold demand in India dropped a total of 29 percent, or 207.6 tonnes (t).
The drop in demand in India was to be expected, as India rolled out two tax increases on gold. The second hike revealed in the country’s budget has since been withdrawn.
Gold demand in India was affected in Q1 2012 by a number of factors; a new tax on gold jewelery, [...]
From GoldCore
Gold Demands Trend (Q1 2012) – Enter The Dragon
Gold’s London AM fix this morning was USD 1,547.00, EUR 1,217.44, and GBP 974.00 per ounce. Yesterday’s AM fix was USD 1,537.50, EUR 1,208.73 and GBP 966.31 per ounce.
Silver is trading at $27.48/oz, €21.77/oz and £17.43/oz. Platinum is trading at $1,443.50/oz, palladium at $592.90/oz and rhodium at $1,300/oz.
Gold edged down $2.90 or 0.19% in New York yesterday and closed at $1,539.40/oz. Gold climbed [...]
silverseek.com
Theodore Butler | May 9, 2012 – 11:01am
Especially at times of price pressure like now, it can be reassuring to know how the game is being played. I’m not speaking of the day to day price movements, but of the dominant forces that generally cause both short term and long term price movements. The price of world silver and gold is mostly set on the COMEX. Over the longer term, of course, [...]
arabianmoney
APRIL 30, 2012
Far from being the usual boring consensus event for gold prices, the inaugural Dubai Multi Commodities Centre Precious Metals Conference today struck a decidedly controversial note. Ross Norman of the blue-blooded Sharps Pixley brokers from London was the leader of the bullish camp. He forecast $3,500-4,000 gold prices and $100 an ounce for silver by 2017.
His masterly presentation entitled ‘Silver has the bubble burst?’ argued that no it [...]
The Silver Institute’s “World Silver Survey 2012″ report hasn’t surprised investors and market participants. Silver mining output hit record highs last year, while silver demand from end users and investors remained robust – despite silver’s correction phase which started close to a year ago. The Silver Institute is one of the most important organisations in the silver sector, comprising producers, dealers and numerous companies that use silver. Thus, this study is of [...]
Gold is currently in a protracted period of consolidation and expecting a break-out but it is unclear in which direction! Down to $1,525 or up to $2,000 + – or maybe first one then the other. Interesting times!
Author: Ross Norman
Posted: Wednesday , 25 Apr 2012
LONDON (SHARPS PIXLEY) -
“Speak of the devil” is a common idiom, which in full is “Speak of the devil and he doth appear”. In the same way one [...]
Europe (minus Germany) looks more like post-bubble Japan each month.
The long-feared credit crunch has mutated instead into a collapse in DEMAND for loans. Households and firms are comatose, or scared stiff, in a string of countries.
Chart by Jeffries International. Click for full document
Demand for housing loans fell 70pc in Portugal, 44pc in Italy, and 42pc in the Netherlands in the first quarter of 2012. Enterprise loans fell 38pc in Italy. [...]
Posted by Wealth Wire – Friday, April 20th, 2012
China has been trying to diversify her foreign exchange reserves for some time. We are all familiar with the figures released by the likes of the World Gold Council about Chinese Gold Investment demand, as well as statistics showing official gold imports through Hong Kong into the Chinese mainland. Chinese reserves contain only 2% gold, compared to nearly 10% for India and Russia, and [...]
WASHINGTON, DC–(Marketwire -03/08/12)- Sturdy investment demand has pushed the silver price up 20 percent in the first ten weeks of 2012, outperforming platinum, palladium and gold during the period.
Investors are increasingly acquiring silver in many forms. Globally, silver-based exchange-traded-funds (ETFs) account for 586 million ounces (Moz) of silver, up from 576 Moz at the end of 2011. Demand for physical silver bars is also strong. According to several precious metals dealers silver bar sales [...]
Four key elements suggest that gold is due for a break-out from its current trading range and point to such a move happening very soon with new highs by the summer.
Author: Barry Stuppler
Posted: Friday , 24 Feb 2012
WOODLAND HILLS, CA -
I believe that all the elements are now in place for a Gold break-out move from the current $1700/$1760 trading range. This move will happen very soon. There will be a short [...]
by ZH
Following the barrage of 13Fs released two days ago, another hedge fund that has eventually found its way to the one undilutable currency is Steve Mandel’s Lone Pine. His thoughts on the matter need no commentary: ‘We re-established a position in gold during the quarter. Although we certainly have misgivings about an asset that does not produce cash, it seems very likely that developed market governments will try to inflate away [...]
|
It only takes a few moments to share an article, but the person on the other end that reads it might have their life changed forever
Contact Information:
Submit: articles [ at ] investmentwatchblog.com
Advertising: ads [ at ] investmentwatchblog.com
General: admin [ at ] investmentwatchblog.com
|
SILVER Demand set for Dramatic climb to Historic High in 2013
Silver Investment has so far been one of the most popular market moves of 2013. Silver seems set to achieve a new all-time price record in 2013 on a relentless and historic climb reaching as high as $55 to $64 an ounce. The out-of-proportion Gold to Silver ratio which should move back down is one of the best reasons why Silver will rise faster than Gold. Higher investment demand as paper money [...]