Central Bank Gold

• GFMS Issues Caution on Short-Term Gold Prices

  By Philip Burgert  |  April 11, 2012

  Gold prices could fall close to $1,500 in the next few weeks but should rise towards $2,000 before the end of the year, analysts from Thomas Reuters GFMS said Wednesday in issuing the 2012 edition of the company’s Gold Survey.

• Where is Greece’s Gold?

  By Alasdair Macleod  |  March 6, 2012

  Recently there have been reports that if Greece defaults on the new bail-out package, creditors will be entitled to seize her gold. Whether or not this is true, it raises one big question.

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  Riksbank Denies Data Showing Gold Reserves Jump

  By Mark O'Byrne  |  February 27, 2012

  Gold ticked higher initially in Asia before seeing slight price falls and that weakness has continued in European trading with gold lower in most currencies.

• Bullion Tallying Biggest Monthly Gain this Century

  By Ben Traynor  |  January 31, 2012

  Gold bullion prices were headed for their biggest calendar month gain this century by Tuesday lunchtime in London. Gold prices hit $1745 per ounce – just shy of 14% higher than the dollar gold bullion price set at the last London Fix of 2011.

• Perfect Storm Makes Tidal Wave of Gold Demand

  By Frank Holmes  |  September 19, 2011

  Increases in demand from China and India have driven a 7.5% increase in demand for gold jewelry during the first half of the year despite a 25% increase in the price. However, much of India's potential gold demand remains untapped.

• Eurozone Buying Gold, Not Selling It

  By Adrian Ash  |  June 15, 2011

  Here's a turn up. Eurozone central banks have stopped selling and started buying gold so far in 2011. Only by EUR6 million mind you, and all of it in coin according to the European Central Bank's weekly statements. But this net gold buying still stands.

• Silver $450 & Gold $12,000 - Cazenove's Griffiths

  By Mark O'Byrne  |  May 13, 2011

  Gold and silver are higher this morning with the dollar, the British pound and commodity currencies falling in value. It is too early to tell whether the recent margin driven, paper sell off on the Comex is over but demand remains robust.

• Klapwijk Expects Gold to Pass $1,600/oz. This Year

  By Philip Burgert  |  April 13, 2011

  Investment demand for gold will continue to drive gold pricing higher with a breakthrough above $1,600/oz. expected before the end of 2011, Philip Klapwijk, chairman of precious metals authority GFMS Ltd., said Wednesday.

• India & China Continue to Drive Gold Demand

  By Frank Holmes  |  November 18, 2010

  The World Gold Council's latest quarterly recap shows global gold demand is getting stronger despite rising gold prices.

• Speculating in Gold

  By Adrian Ash  |  September 15, 2010

  Since gold stopped being money, it's become 75% more valuable on average.