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 […]
Tag: gold rush
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 […]
Phil Streible Talks: Gold’s Monster Rally, Can It Continue?
Daniela Cambone At Kitco Phil Streible at RJO Futures, told Kitco News that prices for the gold may still see much higher levels from. Gold’s rally isn’t over yet by any means. Read full article here: >> Or Go Back To All Articles Here: https://goldnotes.com/category/latest/
Gold Price Going To $1,700 Soon Says Billionaire Paul Tudor Jones
Paul Tudor Jones is sounding the alarm for the U.S. and global economies. The billionaire is looking at gold as the safe-haven play. In an interview with Bloomberg News, Paul said that his favorite trade in the next 12 to 24 months is gold. He added that if the price […]
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 […]
Record Short Position In Gold Is About To Get Wiped Out
Another great article from Cliff Droke at Seeking Alpha. “The last time we saw this record short position in gold was at the end of 2015 before a powerful rally. The record short position is actually now even greater than the end of 2015 and coincides with the tech bubble […]
Is The Pain Over For Gold Investors? With John Doody
John Doody speaks with Daniela Cambone from Kitco news. Gold is an alternative to the U.S. dollar, while dollar-denominated assets have had a good run this year. However, a turnaround soon can be expected, said John Doody, founder of the Gold Stock Analyst. “All of the near-money types, gold, silver, […]
Why Investors Should Go for Gold in 2018
Why investors should go for gold in 2018 Amid the political and economical uncertainty dominating all over the world, in the times when distressing economic news have become commonplace. And, people are simply expecting the next financial crises, many do wonder whether gold still makes a good investment. If answering […]