Hedge funds may soon return to the gold market
Polyus Gold is completing the registry change process. British Polyus Gold’s Mikhail Prokhorov and Suleiman Kerimov have announced an offer to buy the remaining free floating Russian company stock for a total of $ 1.4 billion. However, in reality, Polyus only needs to accept the owners ’offer of only 3.5% of the shares, about $ … Read morePolyus completes the conquest of the Pole
Inflation eased slightly in July but remained alarmingly high. According to the latest BLS inflation report, the CPI rose 0.5% in July after rising 0.9% in June. The core CPI, which excludes food and energy, also softened, adding 0.3% in July after rising 0.9% in June. The slowdown was mainly driven by a much smaller … Read moreGold rally amid slowing inflation: what’s going on?
Buying coins and solid gold bars is a common way to invest in gold. Typically, investment gold is priced according to its weight, to which is added a small trader commission (premium). The best weight for investment coins is 31.1 grams (1 troy ounce), the weight of the bars is 50 grams. From this weight, … Read moreWhich is better to choose, coins or bars?
Gold rate forecast for May 17 – 21
Spot gold is again trading above $ 1,800 an ounce after massive sales last week that saw gold fall more than $ 200 from its record $ 1,913 to an intermediate low of $ 1702. This August 11% gold correction did not break the upward channel in gold prices. He didn’t even return us the … Read moreThe gold correction in August ended
Ben Bernanke’s speech at Jackson Hole on August 26, 2011 did not give a clear signal to markets about the Fed’s intentions regarding the third phase of quantitative easing (QE3). But don’t forget the fact that QE2 was announced by the Fed in September 2010. There are also a growing number of economists who are … Read moreCriticism of the Fed’s monetary policy
Gold Bullion Coin Weekly Review May 10-16, 2021
The Senate recently approved a $ 1 trillion infrastructure bill that has gone to the House of Representatives. It is hoped that in consideration, legislators will amend a clause that sets new tax reporting requirements for the cryptocurrency industry. In particular, the law will require cryptocurrency “brokers” to disclose the names and addresses of their … Read moreUnderstanding Bitcoin and Gold
Demand for gold in the second quarter of 2011 turned out to be 17% lower than the previous year, but we are not talking so much about weak indicators this year, but about a strong base of the past, especially in investments, experts from the World Gold Council say. . There have been no significant … Read moreWGC: World Gold Report for the second quarter of 2011