Learn

China’s gold market in March: official gold reserves rose further, wholesale demand fell slightly

Key highlights: The Shanghai Gold Benchmark PM (SHAUPM) in RMB jumped by 10% in March and the LBMA Gold Price AM in USD rose by 8%. The SHAUPM ended Q1 with a 10% gain, outperforming major local asset classes 124t of gold left the Shanghai Gold Exchange (SGE) in March, a mild 3t fall from [...] READ MORE

Gold Ignores Negative News: Bulls Overexuberant?

Gold has been hitting all-time highs almost daily for the past two weeks, reaching $2365 in the spot market on Tuesday before the start of US trading. The ability to rise above $2070 per ounce, which gold found in late February, has signalled a break of resistance that has kept gold above since August 2020. [...] READ MORE

Gold ETF Flows: March 2024

Outflows narrowed in March Regional and fund-specific analysis of gold holdings and flows in USD. Gold-backed ETFs and similar products account for a significant part of the gold market, with institutional and individual investors using them to implement many of their investment strategies. Flows in ETFs often highlight short-term and long-term opinions and desires to [...] READ MORE

STAGFLATION & The Longest Yield Curve Inversion in History

In this insightful discussion, Mike Maloney and Russ Gray delve into the complex world of economics, focusing on indicators like the inverted yield curve and its potential implications for the economy. They explore the concept of stagflation, where rising prices coincide with economic stagnation, causing nominal confusion. Through real-world examples and in-depth analysis, they shed [...] READ MORE

Hot US jobs report tempers Fed rate cut outlook

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. Summary March U.S. unemployment report stronger than expected All major S&P 500 sectors advance in broad equity rally Crude oil settles at highest levels since October Gold hits fresh all-time high   NEW YORK, [...] READ MORE

March jobs data points to ongoing ‘resistance from wages’

March's jobs data reported an astounding 303,000 jobs added to the US economy, topping estimates of 214,000, while the unemployment rate ticked down to 3.8%. The Conference Board Chief Economist Dana Peterson and Invesco Global Market Strategist Brian Levitt join Yahoo Finance this morning to discuss the general consensus on the job print's impact on [...] READ MORE

Gold bulls eye more record highs despite lightning gains

Gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. LONDON, April 5 (Reuters) - An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from [...] READ MORE

THE SILVER BREAKOUT: Off To $48? Triple Digits?

  Join Mike Maloney and Tavi Costa from Crescat Capital as they delve into the silver market’s explosive breakout and its implications for investors. Costa presents a comprehensive quarterly candle chart spanning silver’s history since the 1970s, forecasting a move towards triple digits. With supply constraints and increasing demand, silver’s surge is poised to continue, [...] READ MORE

Gold and Bitcoin: Vital Challengers to Fiat Currencies

Gold is not just breaking records... it passed the $2,300/oz mark on Thursday this week, rewarding the patience of investors who've stood by its enduring value.   As gold sets new all-time highs, there's another asset that's demanding the world's attention: Bitcoin. Some have called Bitcoin the digital gold of the 21st century – but [...] READ MORE