News Articles

Jewelers are offering discounts of up to 50% on making charges to attract consumers in the ongoing festive season in the hope that the surge in rural demand will more than make up for the almost 10% higher gold prices this year, high import duties and a closer watch by the tax authorities on sales . . . .

Demand for gold from top consumer China will remain strong at around 900-1,000 tonnes next year, near 2015 levels, although a weaker appetite for jewelry and slowing economy could curb purchases, an official of the World Gold Council said . . . .

Metal remains firm overnight despite Federal Reserve minutes pointing to December increase . . . .

Technical analyst Gary Savage examines gold’s recent big pullback, and explains why the downturn is a healthy part of a much larger bullish move higher for the yellow metal . . . .

The evidence is out. 3.2 million ounces of gold futures, not gold, were traded in the first few minutes after New York opened the day before yesterday. This is what caused the fall triggering stop losses . . . .

Gold held near a three-month low as investors awaited Friday’s U.S. jobs report for more clues on when the Federal Reserve will raise interest rates amid growing expectation for a hike soon . . . .

Gold saw a stellar rise in H1 2016 and has since tracked sideways, with price volatility falling to a two year low . . . .

Central banks are piling into gold. They have been ever since the financial crisis blew up in 2008 . . . .

Gold will likely soar to a record within five years as asset bubbles burst in everything from bonds to credit and equities, forcing investors to find a haven . . . .

It seems as if the tide has changed as the U.S. imported a record amount of gold from Switzerland in July . . . .