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Gold demand in China may surge as much as 30 percent this year as rising incomes boost consumption, helping the country topple India as the world’s largest bullion market on an annual basis, according to the World Gold Council.

Demand, which rose to a record in the first quarter, may gain to between . . . . 

Goldman Sachs Group Inc. (GS) stood by its forecast for a rally in gold this year, saying that the precious metal will advance to $1,840 an ounce over six months as the U.S. central bank embarks on a third round of stimulus in June. “The case for higher gold prices remains in place,” the analysts wrote. “U.S. economic and employment data has now. . . . .

Precious metals have been relatively quiet this week. After posting its best weekly gain in two months, gold is trading slightly lower at about $1,650 per ounce. Meanwhile, silver is trading near $30.50 per ounce. Gold and silver are currently taking a pause, but have been in a bull market for more than a decade and apparently Americans are taking notice.

According to a recent Gallup poll . . . .

Argentina added to its gold reserves for the first time in nearly six years in September last year as the price hit record highs, mirroring the trend among emerging-country central banks to diversify further from paper currencies such as the dollar.

Data from the International Monetary Fund (IMF) yesterday showed . . . .

Latest IMF statistics released overnight show that a dozen countries increased their gold holdings in March, continuing the trend of Central Bank purchases which has now been apparent for the past two to three years ....

Despite the Dow Jones Industrial Average and the S&P 500 suffering their worst day of the year on Tuesday, precious metals were able to decouple and climb higher. Gold futures for June delivery increased almost $17 to settle at $1,660, while silver gained 16 cents to close at $31.68. Although gold prices declined in March and had the media buzzing once again about a possible bubble, the world continues to be more interested in precious metals than ever before.

Outside of the United States, countries take their gold business very seriously. Earlier this week ....

If the global economy is really improving after five years in the sin bin, why are the central banks of the world buying gold?

That is a question which can only have a disturbing answer ....

On March 14, 1900, Congress ratified the Gold Standard Act, which officially ended the use of silver as a standard of United Stares currency and established gold as the only standard. The New York Times reported that President William McKinley “used a new gold pen and holder” to sign the bill.

The gold standard is a system under which ....

First, global central banks have been increasing gold reserves after many years of reducing them, now there seems to be a move towards repatriation of those reserves which are held in foreign vaults over concerns of possible confiscation ....

HSBC expects the platinum and palladium markets to move into supply deficits during 2012, underpinning prices.Analysts said auto, industrial and investment demand should improve during the year. Output from the mining sector is unlikely to maintain pace, the bank said.“Hence, we expect the supply/demand balance for both metals to move from a surplus into modest deficits, propelling prices higher,” HSBC said in a report issued Monday.

HSBC foresees the platinum market swinging to ....