Gold prices are solidly higher and nearer daily highs in midday U.S. trading Wednesday. Precious metals were boosted today by comments from Federal Reserve Chairman Jerome Powell to the U.S. House of Representatives. Powell cited several concerns regarding the U.S. economy that traders deemed dovish on monetary policy. August gold […]
Gold
Gold-Backed ETF AUM Grew In June, Its largest monthly Increase
Holdings Holdings in global gold-backed ETFs and similar products rose sharply in June by 127 tonnes (t) to 2,548t. This is equivalent to US$5.5bn in inflows. As geopolitical uncertainty increased and central banks signalled a shift to a more accommodative policy over the coming months. This drove rates and the […]
News Bites World’s Biggest Gold Coin On Display At NYSE
Have an eye for gold? How about seeing the world’s biggest gold coin that weighs one metric ton? It’s made out of 99.99% pure gold and is worth more than $50 million based on current spot gold prices. The Australian-made coin will be on display right outside of the New […]
LBMA: Gold Ounces Transferred Daily Rises In April; Silver Volume Falls
The amount of gold transferred between accounts of London Bullion Market Association members rose. This was during April, while silver volume fell, the organization reported Friday. The LBMA releases clearing statistics each month showing the net volume of gold and silver transferred between accounts of members. Essentially providing a snapshot of the amount of […]
Central Banks Are Buying Gold At The Fastest Pace In Six Years
Earlier this month the World Gold Council published its quarterly report– and it shows that central banks and foreign governments from around the world are buying up gold at their fastest pace in six years. This is pretty big news, and it says a LOT about the future of the […]
Gold Bulletin: Technical Resolution
“On the surface, activity in precious metals markets was subdued during the week ended Friday, April 26. Spot gold rose 0.85% to $1,290.35 and spot silver increased 0.67% to $15.09. During the week, the U.S. Dollar Index (DXY) increased 0.64% to 98.01 and 10-year Treasury yields declined 6 basis points […]
Jim Rickards | Gold: The Once And Future Money
Or Go Back To All Articles Here: https://goldnotes.com/category/latest/
The Consensus Is Clear: You Should Own Gold Now (Part 1)
Join Peter Hug, Frank Holmes, Peter Schiff, and Roy Sebag in part one of the panel discussion. This event is hosted at the Vancouver Resource Investment Conference. Find out why the experts think the tide has turned in gold’s favor. With sentiment for the precious metals returning, outlook on prices […]