Commodity Trade Mantra

Posts Tagged ‘Yellow Metal’

Indian Gold Imports Exploding In March

March has not even ended, though preliminary data indicates India has already imported over 130 tonnes of gold this month. A conservative estimate suggests total gross import can reach 150 tonnes this month. A new scheme the India government is looking at to obstruct gold import is through monetizing gold.

The Eastern Lust For Gold - Peter Schiff

Asia’s love affair with gold became worldwide news when the price of the yellow metal dropped in April – Instead of more capital flowing into gold, it was the gold itself which was seen flowing from Western financial institutions to Eastern households.

Gold Will Continue to Flow from West to East

Though motivated by low gold prices since June, the appetite for Gold in the Eastern countries is a cultural norm and even at a higher price, Gold bullion will continue to flow from West to East

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