international

The gold market might soon find 1.6 billion new buyers when the Islamic world makes a clarification to its Sharia law . . . .

Dubai : The bullion proved to be a lucrative asset class when it rallied substantially last month, reaching its highest level since the global recession in 2008, after the controversial Brexit vote. Although signs became apparent over the last few days that the rally started to ease, the yellow metal again moved higher on Friday when reports of a Turkish coup attempt broke out . . . .

Marc Faber, the widely followed editor of the Gloom, Boom & Doom Report, looks for the world economy to worsen and says every investor should own some gold as a result. “This is my preferred currency,” Faber said . . . .

With Britain voting to exit the European Union, we expect to see strong and sustained inflows into the gold market . . . .

Gartman noted that Switzerland is a very important focal point for the gold trade although its importance has waned over the years, and interest has shifted towards Asia . . . .

Gold consolidating getting ready for a move above $1,300 . . . .

As I have been telling anyone that I can buttonhole at drinks parties for some time, we are living in the age of Alice in Wonderland Economics . . . .

The Bank of Japan surprised markets by adopting negative interest rates in January, more than a year and a half after the European Central Bank became the first major institution of its kind to venture below zero. With other options to stimulate the economy limited, more policy makers are willing to test the technique . . . .

Europe and other parts of the world are in for big risks . . . .

The World Gold Council last week released its latest market update report, which covers the effect that negative interest rate policies have had on gold . . . .