Central banks around the world are turning to gold as an alternative to the US dollar, which they see as being undermined by America’s aggressive trade policy and geopolitical ... Read More
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold. This ... Read More
In the latest gold and silver commitment of traders (COT) report (click here for an explanation of what this report involves), paper players made big strides in bringing the ... Read More
Gold still in vogue as fund flows counter risk appetite revival * Gold has risen 17 pct this year, not far below 1-year peak * Market eyeing Friday’s U.S. ... Read More
China’s gold buying to top 200 tons this year, Barclays says Country seeks to diversify its reserves. China will press on with gold purchases this year and the central ... Read More
Declining gold prices boosts jewelry sales Low gold prices have boosted sales in Saudi markets despite recent global fluctuations in its value. Riyadh and Makkah registered the highest levels ... Read More
Gold will finally bounce back in 2016 after repeatedly hitting five-year lows in recent months, HSBC said in a report on Wednesday. The bank sees gold averaging $1,160 this ... Read More
Financial-market turmoil, devaluation seen boosting demand `Investors still prefer gold,’ Chairman Haywood Cheung says Gold consumption in mainland China may match or exceed the record in 2013 after financial-market ... Read More
Global gold demand slumped to its lowest level in five years in 2014 as bar and coin buying plunged and jewelry purchases cooled, according to the World Gold Council (WGC). ... Read More
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