Gold remains an attractive diversifier with structural support. With OPEC+ delaying output increases, a near-term downside risk for oil has been removed, and we see Brent trading between USD 70-80. Source: UBS Asset Management Investment Solutions Macro Asset Allocation Strategy team as of 3 Janu...
Goldfutures traded mostly steady on Friday before settle 30 cents lower at $1302.70. Underpinning the market was light safe-haven buying ahead of the G-7 talks this week-end that could have a negative effect on the U.S. Dollar and a positive influence on dollar-denominated assets. Helpi...
However, UBS believes that in the long run, the correlation between gold, actual interest rates, and the US dollar still holds. The US real interest rate still represents the opportunity cost of holding gold, and the US dollar is the main currency for gold pricing, so the “derailment” be...
East Perth, WA, 6004, a statutory authority of the Government of Western Australia established under the Gold Corporation Act 1987, trading as “The Perth Mint” (“The Perth Mint”, “we”, “us”, “our”), as found on the perthmint.com (“Website”), but excluding the dol.perthmi...
"If the economic outlook deteriorates further, then there's no reason why gold could not receive another strong bid," said Ole Hansen, head of commodity strategy at Saxo Bank. However, US Treasury Secretary Scott Bessent said the US economic growth will surpass the IMF's revised estimate of...
dollars are the largest in the world, thereof only 2.5 percent gold. It has unusual incentives to change this: About 60 percent of its reserves are in U.S. dollar-denominated Treasury bonds, a result of cumulated trade surpluses. This gives China a terrible trade war weapon of last resort...
LBMA also fails to mention that a lot of other eligible silver in the COMEX vaults in New York may have nothing to do with COMEX trading. The CME have already gone on record to explain to the CFTC regulator that in the case of ‘Eligible Gold" in COMEX vaults, this is the ca...
Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the OTC market, the World Gold Council says.
>> The Case For Buying Gold Coins When it comes to buyinggold barsthere are different sizes you can choose from. While some people buy 10 oz bars the 100 oz ones are most common, but those are out of reach for the typical investor. ...
Gold is up more than 23% this year and just posted its best quarter since 1986. The yellow metal is considered a safe haven amid economic and political uncertainty. Trade deals Despite financial markets casting enormous doubt that the Trump administration can salvage the opportunity it created...