-
By Austin Kiddle |
May 15, 2013
Bubble talks about bonds and stocks have surfaced as have the concerns that the Fed will taper off its QE program sooner than expected. Strength in physical gold demand has countered the gold-backed ETF outflows.
-
By Austin Kiddle |
May 1, 2013
Gold investors are keenly watching the direction of the gold-backed ETP holdings, which fell 174 metric tons or 7.1% in April to 2,275.84 metric tons. The SPDR gold holdings fell to a 43-month low to 1,078.54 tons at the end of April.
-
By Ben Traynor |
April 30, 2013
Following a dip during Asian trading, the gold price climbed back above $1,470 per ounce Tuesday morning in London, broadly in line with where it was a day earlier, with China's markets shut for this week's Labor Day holiday.
-
By Ben Traynor |
April 29, 2013
Strong demand for physical gold from private households continues to cause bottlenecks and price premiums. Gold traders in Dubai report premiums over the spot gold price of up to $10 an ounce for physical bullion.
-
By Austin Kiddle |
April 24, 2013
You have to distinguish between "the gold price," which reflects the paper gold futures prices and has collapsed, and "the price of gold," which represents the physical price of gold and has remained well-supported.
-
By Ben Traynor |
April 19, 2013
Wholesale gold prices rallied above $1,400 an ounce Friday morning, with analysts continuing to point to strong demand for physical bullion following gold's sharpest weekly price fall in more than four years.
-
By Ben Traynor |
April 18, 2013
Wholesale prices for buying gold climbed briefly above $1,400 an ounce Thursday morning, having bounced from a $50-an-ounce drop overnight, with dealers reporting strong demand for physical bullion in Asia.
-
By Austin Kiddle |
April 12, 2013
Bears of gold are battling with the bulls, with the bears excited by the shorter-term factors such as the U.S. economic improvement, and the bulls encouraged by the longer-term hedging demand by the global central banks.
-
By Austin Kiddle |
April 10, 2013
Barclays recently reiterate that the biggest short-term risk for gold prices will be gold-backed ETP outflows. Close to 18 tonnes of outflow occurred in the first week of April.
-
By Ben Traynor |
March 11, 2013
U.S. dollar gold prices continued to hover around $1,580 an ounce Monday morning, in line with last week's trading, while silver dipped back below $29 an ounce after making slight gains in Asian trading.