gold demand

Chinese gold jewelry demand extended its recent recovery, gaining 5% to 144.9 tons during the second quarter of this year and Year to date gold jewelry demand reached a three-year high of 332.9 tons, according to the World Gold Council . . . .

Precious metals have all taken a bit of a knock in recent months with a revival in the strength of the US Dollar. Platinum is an interesting one in particular . . . .

There is currently a wave of populism riding in Italy that is sure to bring more volatility to the markets, and with financial unrest comes a surge in gold, this according to Frank Holmes, CEO of U.S. Global Investors . . . .

It looks to be another boom year for gold. Investors are anticipating a continued demand for the precious metal for the fifth year in a row . . . .

Iran’s gold demand will probably be “strong” for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd . . . .

Gold has traded in a drifting rectangle pattern for most of this year . . . .

Gold is famously correlated inversely to the dollar and since the dollar has been weak of late the price is relatively strong, at just over US$1,340 per ounce . . . .

For years, a trend has developed that, much to the dismay of global financial elites, has taken hold and will only accelerate from this point on . . . .

One of the potential outcomes of a trade war is that other nations start dumping U.S. Treasury securities, which could boost gold demand, says Goldman Sachs . . . .

Gold investors should be looking at gold for the long term.  Demand growth fundamentals are looking positive to this writer, while there is, in parallel, the prospect of diminishing supply.  It is the combination of these factors that makes gold so appealing in the medium and long term . . . .