Gold trade
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Gold for Christmas – Gold’s Importance in Religion
(Read More)Gold and Religion have always been symbolically linked in countless civilizations from antiquity to the present day. From religious artwork to religious symbolism, gold is unique among metals in being central to many of the world’s religions, and gold has long been associated with the divine sphere . . . .
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The World Is Running out of Gold Mines
(Read More)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 . . . .
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Gold Showing Some Resilience in The Face of Stronger Dollar, Higher Yields
(Read More)Although gold has fallen below key resistance, one market analyst said that he sees some underlying strength in the marketplace as the metal holds above important support levels . . . .
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Gold-backed ETFs increased by 22.4t in September
(Read More)Welcome to the monthly analysis of gold-backed ETFs and similar products, where you will find detailed information and insight on global trends of gold investment demand through ETFs . . . .
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"Youre Going to See a Rush for Gold"<br />Katusa Warns De-Dollarization Is Accelerating
(Read More)His prior forecasts noted that countries around the world would soon stop trading commodities like oil in the U.S. dollar, something we’re already seeing with China, Russia, Iran, and Venezuela, all of which are preparing non-dollar, gold-backed mechanisms of exchange . . . .
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Merrill Lynch Keeps $1,400 Target<br />Even as Gold Eases on Profit-Taking
(Read More)One bank maintained its $1,400-an ounce outlook for gold Monday even as prices cooled on profit-taking, commenting that the precious metal was not yet in overbought territory . . . .
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Gold hits highest in a year as rate hike expectations ebb
(Read More)Gold held near its highest in more than a year on Friday as weak economic data lowered expectations of a December interest rate rise in the United States . . . .
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The Battle for Indias $45 Billion Gold Industry Has Begun
(Read More)India’s past and future are colliding in Anand Ghugre’s family jewelry shop in Mumbai . . . .
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Even another flash crash can’t keep gold price down
(Read More)2 million ounces of gold were dumped on the gold market in a minute on Friday, just ahead of Janet Yellen’s speech at Jackson Hole – and, apart from a brief downwards spike to below $1,280, the gold price rapidly climbed back to unchanged. This has to be an incredibly bullish signal for gold in that even this amount of presumably paper gold thrown at it (62.2 tonnes) couldn’t keep the gold price down . . . .
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In The Age Of Cyber-Terrorism, Every Investor Must Own Gold
(Read More)Take it from “Dr. Doom”: own some physical gold and keep it out of the banking system . . . .