Watch our webcast with Bridgewater and Coalition Greenwich for a timely and incisive discussion on post-pandemic portfolio allocation and looking ahead, the outlook for the second half of 2021.
Goldhub blog: Posts from July 2021
Based on available data, central banks bought a net 32t of gold in June 2021. While Brazil was by far the bigger buyer in the month, several other central banks were active.
Watch Maybank Asset Management’s global market outlook webinar, where we discuss topics including gold’s role as an inflation hedge, how monetary and fiscal policy impacts gold and more!
Listen to the latest episode of Investment Magazine's Market Narratives podcast, exploring the impact of the Basel III changes on gold, global investment trends and the role of gold as a strategic asset.
International gold prices fell steeply in June. The weakness in the gold price can be largely attributed to the more-hawkish-than-expected monetary-tightening signals from the US Federal Reserve’s meeting on 18 June. But the decline in the RMB gold price was narrower than that of the USD gold price, thanks to a 1.6% depreciation in the CNY against the dollar last month.
In a move which brings it closer in line with the US approach, the European Central Bank (ECB) has decided to adopt the tolerance for inflation overshooting its target. What does this mean for European investors, who have been watching the wrangling within the ECB over the direction of monetary policy for months now?
Following a higher level of monthly net purchases in March and April, our latest data published today shows that this trend continued into May.