News Articles

As we’ve noted in our just published article on the Shanghai Gold Exchange’s October figures, Asian gold demand this year to date is definitely trending higher . . . .

Beginning in November of 2017, the APMD will begin offering specially minted one-ounce .999 fine silver bullion rounds to collectors and investors . . . .

Central banks are hoarding gold. China, Russia and many Asian and West Asian central banks have started accumulating gold. Now that the fashion of hoarding gold is back, let us see the fundamental reasons behind it . . . .

Demand for physical gold was lacklustre in top consumers India and China this week, while the lure of the metal remained stable in Singapore, but India’s peak wedding season is expected to usher in renewed interest for bullion in coming weeks . . . .

Turkey purchased a record $13.8bn of gold from abroad this year, $9.8bn more than in the same period last year, Bloomberg reported . . . .

Perhaps the biggest unknown in assessing global gold consumption in this, or any, year is the true level of Chinese gold consumption . . . .

Large speculators raised their bullish net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday . . . .

Auto catalyst metal palladium will struggle to maintain its recent push to 16-year highs above $1,000 an ounce, but is still expected to set record average highs this year and next as emissions controls ramp up, a Reuters poll showed on Thursday . . . .

My good friend Pierre Lassonde, cofounder and chairman of Franco-Nevada, doesn’t know how we’ll replace the massive gold deposits of the past 130 years or so. Speaking with the German financial newspaper Finanz und Wirtschaft this month, Pierre says we’re seeing a significant slowdown in the number of large deposits being discovered . . . .

Bullion is often used as a safe haven in times of geopolitical and economic uncertainty, while riskier assets such as equities are generally sold off . . . .