Commodity Trade Mantra

Posts Tagged ‘Indian Gold Market’

Gold Buying Frenzy in India - The Price Means Nothing, Security is All

Gold jumped to $1,339 as speculation of a Trump win built. But then, Trump buying was met by Modi selling, which finally overtook Trump buying. What killed the gold rally? Those who are wiser are acquiring gold at bargain prices, at good prices and at high prices. The price means nothing. But it does require some wisdom to understand this.

Gold Imports Phenomenal In India - Up 571% To 150 Tonnes in Nov

Some of the restrictions that were imposed on Indian gold imports in August of 2013 were lifted at the end of last month. Despite the fact that all the restrictions were still in place, gold importation in November surged an incredible 571% relative to the same month last year at over 151.58 tonnes.

I Want To Be Diversified, I Want To Own Some Gold - Faber

Marc Faber commented on possible gold market manipulation and the need to diversify investment portfolios. As part of a diversified investment portfolio, secure precious metals storage in safe and stable jurisdictions such as Singapore and Hong Kong is essential for wealth protection.

One More Sign of Manipulation in the Gold Market

The evidence presented here suggests that the decline in the price of gold in mid-2013 and the subsequent raid of gold ETFs was engineered by Western Central Banks to help solve their physical gold supply problem. However, the resulting increase in demand exacerbated the problem.

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