What about the demand for gold in India? – Bloomberg
What about the demand for gold in India? – Bloomberg
What about the demand for gold in India? – Bloomberg
“There are reasons to increase our gold price forecasts in recent weeks,” said Anna-Laura Tremblay, an analyst at BNP Paribas. The decision to keep interest rates close to zero until 2013. In this context, gold prices rose 18% on August 23 to a record high of $ 1912 per ounce. “ The strengthening trend towards … Read moreBNP Paribas has raised its gold price forecast
Japan exported 6.2 tons of gold in July 2011, which could set a record for Japan’s net gold exports by the end of the year, according to a report from the Japanese Ministry of Finance. Compared to exports of 6.2 tonnes of gold, only 0.06 tonnes were imported. In the first 7 months of this … Read moreThe Japanese are happy to speculate with gold
Gold and the Swiss franc remain safe and sound investments during the storm in global financial markets. Switzerland’s central bank has temporarily abandoned the idea of interfering with the franc to weaken it and now the Swiss franc will remain a strong and reliable currency. Gold feels pretty confident now and is trading around $ … Read moreGold and franc remain safe assets
The price of gold has confirmed its intention to continue with higher growth. After staying at $ 1,830 an ounce for several days, the spot price of gold is now trading at $ 1,830 an ounce. Summer 2011 was a special year for gold, as the gold market tends to be quiet in the summer. … Read moreThe price of gold is ready for autumn
Colombia joined the list of gold-buying countries in July 2011 for the first time in 13 years, along with Russia, which has been accumulating its gold reserves for some time to diversify its foreign exchange reserves. The International Monetary Fund (IMF) has released gold data for July, showing that Russia ranks eighth on the list … Read moreColombia bought gold for the first time since 1998
Hedge funds may soon return to the gold market
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?
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