Goldhub blog

Gold ETF inflows continue in the first week of March

This week, we launched our February 2020 ETF flows report, which highlights the positive impact current market volatility is having on investment flows in gold-backed ETFs.

Despite last week’s selloff, market shifts could bode well for gold prices

The stock market embraced the weakest one-week performance since the financial crisis last week on the back of growing concerns of the continued spread of the coronavirus across the globe. Despite the risk off-moves, gold was lower by more than 3% last week, which is historically unusual during these types of movements. There are a few potential reasons for the weakness.

Recent gold and oil movements highlight inconsistent long-term correlation

Gold stands apart from the broader commodities complex because of its unique market dynamics and performance drivers.

Drivers behind the recent gold rally

Gold rallied nearly 4% in December, mainly in the second half of the month, and recently moved to an intraday high of US$1,613/oz as the US-Iran confrontation unfolded. We believe there are a few likely reasons for the move...

Gold-backed ETF holdings reached all-time highs in 2019

Today, we released our annual 2019 gold-backed ETF flows summary which highlights the significant investment demand for gold in 2019, along with an updated and improved ETF flows section.

Gold implied and realized volatility fell sharply in October

Gold stalls near the $1,500/oz level as bullish positioning retreats

Money manager net longs fell sharply last week as gold volatility increased

Gold breaks 50-day moving average and key support level

Gold skew is at all-time 'cheapness' highlighting bullish sentiment

Gold rallied on Friday following the LBMA fix which left the fix price flat on the week and XAU higher (XAU +2%, LBMA -0.1%) as yields fell following the Fed rate cut which left the market thinking the ‘organic growth’ Powell discussed could represent future QE.

Busy news and economic calendar could drive gold prices this week

Gold: the most effective commodity investment

Today, we released a report on gold and commodities, covering key themes including:

• Why gold is not a typical commodity
• Why gold is under-represented in commodity indices (ranging from 3% to 12%) despite its clear differentiating benefits
• Why gold is the most effective commodity investment

Gold trading volumes continue to rise

Gold futures net longs at all-time highs

Asian gold-backed ETF flows have reversed, moving positive on the year

Gold was higher last week (XAU +1.1%, LBMA +1.2%), as markets were volatile, and the US 2/10 curve turned negative, which has historically often preceded a recession.