Gold – Mining Weekly reported that gold rebounded by more than 1 percent in Monday trading on technical buying although ETF were meanwhile shedding their holdings to the lowest levels seen in three years.
Gold – US investors normally dominate the gold ETF market but in Q2 that changed.
Gold – Bloomberg reported that the first day of trading for a first gold ETF in yuan changed prices very little.
Gold – Following the massive sell-off of gold in September, the price of the yellow metal has stabilized is headed for recovery after dropping from the record high of $1923.70 on September 6.
Gold – Gold prices ended sharply lower on Friday, as the approval of Greece’s austerity package took a huge bite out of the metal’s safe-haven demand.
Gold – Etfdailynews.com reports that Lion Fund Management Co becomes the first company in China to create a fund allowed to invest in foreign exchange- traded funds backed by gold.
Nasty times are around the corner. No, we do not traffic in paranoia, but whenever any institution gets large enough to single-handedly affect a given market, especially that of gold, conspiracy therorists rush in to stake a claim. Could they be true? What if one of them is bang on? Every gold bug would [...]
Palladium Investing News reports palladium ETF securities rise. ETF Securities said on Monday the amount of metal it holds to back its Physical Palladium exchange-traded commodity PHPD.L rose 12,628 ounces or 8 percent in the week to February 6. The ETC now holds 172,911 ounces of palladium. For complete story, click this link. Follow developments [...]
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