Commodity Trade Mantra

Posts Tagged ‘Gold Market’

Blockchain Revolution is Gunning for the $27 Billion Gold Market Trading

About $27 billion of gold changes hands every day in over-the-counter markets where settlements can sometimes take days, leaving price risk for buyers & sellers. Using blockchain promises more transparency, security & speedier deals. It also could attract new participants at a time when investors are souring on gold-backed ETFs, a key source of growth in physical demand over the past decade.

Gold Prices Poised for an Upside Explosion after Paper Gold Bear Raids Failed

Gold seems poised to resume its march to $1,300 after the paper gold bear raids of late June. Fundamentals are stronger than ever for gold prices. A weak dollar is the Fed’s only chance for more inflation. And that means a higher dollar price for gold. Geopolitical risks are piling up from North Korea, to Syria, to the South China Sea. Get ready for an explosion to the upside in gold prices.

The Shine of Silver Or the Glitter of Gold - Brightest of the two in Years Ahead

Gold is the preeminent monetary metal & throughout history, has projected the most enduring images of wealth. Silver is in its shadows, but as an asset, it contains similar wealth-protecting qualities, perhaps with even greater return potential. Here’s why, silver, a quasi-industrial metal with a rich monetary history, may be about to step out of gold’s shadow & shine brightest in the years ahead.

Fundamental Change - Gold Scrap Slump will Tighten the Gold Market Supply

Normally, when the gold price increases, individuals take advantage by selling old jewelry or scrap into the market. This trend changed in 2017 as global gold scrap supply declined 20% to 563 mt, even as the gold price increased. This suggests that the market is now holding onto its gold rather than sell it into the market… even at higher prices. This is a very POSITIVE indicator for future gold prices.

Potential Catalysts Forming a Great Scenario for Gold Prices

The continuous printing of money, a weak dollar and negative real interest rates – all make a great scenario for gold prices. Another potential catalyst for higher gold prices may be the theater surrounding the hiking of the debt ceiling in Washington. We’re also in the seasonal pattern for gold prices where it’s usually from here up to the Chinese New Year, a succession of higher highs.

Gold Demand in India is Bound to Rise - Here Is Why

One of the major drivers for demand is the growing middle class & the popularity of gold jewelry during wedding seasons. Acceptability of gold in banking and financial transactions is also on the rise. Also, 60% of gold jewelry demand comes from weddings. We have 10 million weddings every year on average. And more than 60% of India’s people are below the age of 25.

Alarming Rise in Global Debt Levels to wake up Gold from Slumber

The medium- to long-term investment case for gold, I believe, looks even brighter. Many unsettling risks loom on the horizon—not least of which is a record amount of global debt—that could potentially spell trouble for the investor who hasn’t adequately prepared with some allocation in a “safe haven. Paying down this debt will not be easy. Another crisis could be in the works.

Are You Ready for the Storm about to Hit the Gold Market?

September has been the best month for gold over the past 41 years. Coincidentally (or not), September is also the worst month for the S&P 500. As June comes to a close, we’re near the end of the seasonal weakness for gold—soon to enter its historical prime time from August to October. Investors can use these trends to make strategic purchases when the gold market is the weakest.

How, What & Why India needs to do to Improvise it's Gold Market

The gold market in India is in a mess. Smuggling continues big time. Seizure of smuggled-in-gold barely accounts for 3% of volumes each year. Almost 90% of the gold in the markets is adulterated. So, can the situation be remedied? Yes, if there is political will, and the willingness to take a fresh look at gold markets. Here are the things that the government should do. Immediately.

For How Long will Gold and Silver Continue to be "Rigged Markets"?

The discussion surrounding the likelihood of gold and silver being “rigged markets” has been rendered moot by way of the countless flash crashes – More recently, the one in silver on Friday July 7. Had that flash crash occurred in stocks, they would have cancelled the trades. In the silver market, the damage done by the intervention was successful in destroying morale. How long will this continue?

Amid All Downside Noise, Gold Prices Will Move Sharply & Quietly Higher

Even if there are negatives ahead for gold prices, like the Federal Reserve’s plans to tighten, the metal’s resilience this year has been impressive. And so, despite the recent noise in the gold market, we remain bullish on gold. The psychology is overwhelmingly bearish and yet gold prices are not making new lows, that is worthy of note. I think gold wants to move quietly higher.

All Signs Point to Higher Gold Prices in the Months Ahead

Is the latest rally in gold prices for real? There’s an important distinction between the 2011-2015 price action and what’s going on now. The rally in gold prices that began on December 15, 2016 looks like the one that will finally break the bear pattern of lower highs and lower lows, and turn it into the bullish pattern of higher highs and higher lows, having posted a “golden cross” last week.

Evidence on Gold Price Manipulation is very Clear - Time to Buy is NOW

The big western banks have a monopoly on gold prices even if they do not have a monopoly on physical gold. But that could be about to change. Russia and China are not only building up physical reserves and exploring for more, they are building trading systems that allow for price discovery and leveraged trading in gold. Soon, the physical gold market will regain the upper hand as a price maker.

When will Equities and Gold Begin to Change Places?

In our view, Bullard has signaled the approaching demise of the Trump inflation trade. The equity markets have not yet got the memo. In the midst of a manic bubble, all news is still good news. The prop under the run up in stocks and the narrative behind the correction in gold are fading. We think equities and gold will soon begin to change places.

Silver is the Buy of the Century - Even Better Than an Explosive Gold Rally

I think silver is the buy of the century! Do you want to turbo-charge your gold profits this year? I’m serious! Do you really want to make the most of what’s going to be an explosive rally in gold? If yes, then I have two pieces of advice for you. 1)Buy silver, not gold. 2) And own some off the beaten path junior minors. — Silver Is the Currency of the Educated.

Paper Gold Price is not the Real Price of Gold

The paper gold market sets the gold price – the paper price that the false gold market trades at. That has very little to do with the price of gold which is what the physical market would trade at if there was not a manipulated paper market. But buyers & sellers are not concerned about the real price of gold. Because they have no intention of owning the physical since they don’t understand its function.

While U.S. Stupidly Hikes Gold Exports, The East Voraciously Grabs More

Total U.S. gold exports JAN-FEB 2017 surged to 101 metric tons (mt), compared to 56.5 mt last year. This, despite total U.S. gold mine supply plus gold imports for JAN-FEB 2017 equaled only 80 mt, suffering a 21 mt gold supply deficit. And where did the majority of U.S. gold exports head to? You got it….. Hong Kong-China & India.

What is the Gold Market Really Looking Forward to these Days?

Despite all the uncertainty, rising war tensions, Brexit & the possibility of the French following suit, that would have usually been enough to send the gold price skyward, the gold market seems to shrug off these developments, keeping its eyes focused on the tenor of U.S. monetary policy, particularly the prospect for interest rates.

A Government Shutdown Could Change The Picture For Gold

Near-term catalysts for a push lower in gold prices includes higher US interest rates, among a few others. But, if the US fails to reach a settlement on a government shutdown, gold could take flight and stocks might find gravity. The initial deadline is this Friday, and Goldman estimates only a one in four chance of a government shutdown occurring.

Rising Gold Prices & Gold Demand in India - A Major Cause for Optimism

India’s citizens are reportedly turning to gold as a safe haven amid doubts about paper money. It’s actually unusual to see India’s demand growing when gold prices are going up. The fact that prices and demand are rising in tandem could signal an important and positive shift in fundamentals — watch for April import figures in a few weeks to see if the trend continues.

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