physical gold demand
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Jewelers see festive demand rising 10-20% this year
(Read More)Jewelers are offering discounts of up to 50% on making charges to attract consumers in the ongoing festive season in the hope that the surge in rural demand will more than make up for the almost 10% higher gold prices this year, high import duties and a closer watch by the tax authorities on sales . . . .
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Daily Market Report 9/6/16
GOLD This morning Gold opened strong in Asian trading and continued that strength in European and U.S. markets. Gold demand from jewelry manufactures showed dramatic pick up after the August holidays. Gold reached a high of $1,352.20 on excellent demand. At 11am PDT today, Gold is up $24 per ounce, trading at $1,349 per ounce on heavy volume. SILVER Silver...(Read More) -
Avoid Paper Gold - “Gold Delivery” Refused by Gold Exchange Traded Commodity
(Read More)"Delivery of gold" has been refused by a popular German gold exchange traded commodity (ETC), Xetra-Gold, which is offered by Deutsche Bank, in the latest example of the risk of owning gold exchange traded commodities (ETCs), exchange traded funds (ETFs) and indeed most institutional gold investment offerings . . . .
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Indias gold bar imports soared 47% in Apr-July 16
(Read More)According to GJEPC data, the gold bar imports by the country during the first four months of the current fiscal surged higher by 47% when matched with the previous year . . . .
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Daily Market Report 7/13/16
GOLD The recent Gold sell-off ended last night after reaching a low of $1,327.50 per ounce in Asian trading. Gold has moved up $15 from earlier lows on fresh bargain buying today. Demand for physical Gold products, precious metal equities, and Gold futures contracts remains strong. At 11am PDT today, Gold is trading at $1,343 per ounce, up $6 on...(Read More) -
Daily Market Report 6/30/16
GOLD After an increase of $101 per ounce in the month of June, Gold is consolidating in a narrow $10 high/low trading range today. Surprisingly, physical demand for Gold investment products continues to be strong, even in the summer. Concerns about Brexit are causing Gold/Silver buyers to get aggressive. At 11am PDT today, Gold is down $5, trading at $1,319...(Read More) -
Daily Market Report 6/28/16
GOLD Gold tested its support level this morning, reaching a low of $1,305 per ounce. The $1,300 major support level held and the price quickly rallied back. It’s good to see Gold consolidating in the $1,305 to $1,335 per ounce price range after last week’s major rally. Physical Gold demand continues to grow around the globe, with reports of increased...(Read More) -
London gold dealers report surge in coin, bar demand on Brexit vote
(Read More)Gold dealers in London reported surging demand for coins and bars on Friday, with some saying stocks were tight . . . .
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Gold Price: USD 65,000/oz in 5 years?
(Read More)16 June 2021 is five years from today. What will the gold price be 16 June 2021?
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Weekly Market Report 5/31/16
(Read More)Gold/Silver test $1,200/$16 support levels and hold firm . . . .
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Gold And Silver Trading Above Support Levels ByMay 7 2024
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China Is Buying Gold Like There’s No Tomorrow ByMay 6 2024
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China’s Silver Economy Fuels A New Gold Rush ByMay 6 2024
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Gold And Silver Back On A Bullish Track ByMay 6 2024
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GOLD AND SILVER BACK ON A BULLISH TRACK ByMay 6 2024