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 …
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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 …
The Daily Nugget – Bitcoin to be regulated?
Yesterday gold climbed slightly as demand from China was strong and some safe-haven gold buying was seen on the back of the Middle East troubles. Demand is slowing in China however, as volumes on the Shanghai Exchange sank to levels not seen since April 12th. …
Daily Nugget – ‘gold price’ dips but physical buying remains strong
This morning the gold price has fallen slightly thanks to bargain hunting and some ETF outflows. Many analysts are citing this as a sign of diminishing confidence in gold; we see it as a sign of diminishing confidence in paper gold. Talk to anyone involved …
