COMEX revealed: Investigating the paper gold market
Since the gold price crash in April there has been wide debate about how the gold market works. Analysts have contrasted paper gold versus physical gold, urging that the different parts of the gold markets offer very different services to investors. Conspiracy theories have also …
Daily Nugget – LBMA’s record month for gold
Yesterday gold hit a two-week high supported by safe-haven demand and increased technical buying as the gold price remained above $1400. The rise in holdings of gold-backed ETFs also helped to underpin gold prices, however holdings remain near a four-year low. Gold is now set …
The Daily Nugget – India stands strong against import duties
Yesterday gold and silver futures gained for the first time in three sessions, thanks to the weak prices luring buyers in. It’s good to see gold over $1,400 once again despite fears of the Fed scaling back bond-purchases. Yesterday dovish FOMC member and Boston Fed …
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Unveiling the gold market’s working parts
On the 12th and 15th April gold fell victim to a smash. Why this happened is something which is open to much analysis and theorising. For the mainstream media it was down to an improving global economy and the need to hold gold no longer …
Daily Nugget – Britain’s living standards hit new low
Following a weak Euro, thanks to weaker-than-expected European data, gold is down again this morning having hit a three-week low ($1,408.24) in the early hours. European data was a mixed bag yesterday, whilst the German ZEW Index was 0.1 higher than in April, at 36.4 …
