We published a new primer on #gold last week at the same time as #golddemandtrends
"Gold Market Size and Structure"
https://t.co/CHEvweEjJW https://t.co/WK4clZHwks
#Gold at an all-time high today in USD terms?
Or not?
Gold has traded much higher today and you may see headlines that it hit an all-time high in US dollars.
Although the active Comex future price hit an all-time high this morning, the spot (OTC) price did not. https://t.co/INjTLK754p
Nearly 4t of inflows into physically-backed #gold ETFs yesterday... https://t.co/df7ZZO4tZn
#Gold's Q1 performance told an interesting story as financial cracks began to appear. How do you think the rest of the year will play out? https://t.co/IsjtY8v80u
Our ETF report for March, released last week, shows that inflows into physically-backed #gold ETFs of 32 were seen last month. https://t.co/bsQVpDkB8h
Spot #gold has fallen about $26/OZ so far today and is just below $1980/oz. https://t.co/5uvLpIIy2U
All-time highs for #gold – a thread
Gold hit a new all-time high this morning, posting $1944.71/oz during late Asian trading and is currently near that level.
There has been a LOT of coverage of the all-time-high on social media – who knew there were so many #gold experts??? https://t.co/OfjfFhoa7R
Gold at $1800/oz: a short thread.
Gold is trading just above $1800/oz after hitting a fresh 8-year high this week. Not much appears to stand in the way of #gold challenging the all-time high of $1921/oz set in September 2011. https://t.co/aoJYd8gmhR
What a ride it has been for GCM0, the June-expiry Comex #gold contract.
One month ago it was trading at a $15/oz premium to the spot gold price.
Now it's trading at a $10/oz discount.
(short thread) https://t.co/X4Xy8kwOtO
Comex #gold premium to OTC gold has climbed sharply as this chart from Bloomberg shows.
On 23/03 at 6am the EFP stood at about $6/oz. A day later, this has blown out ot more than $20/oz.
Due to shortages of investment gold and difficulties in shipping metal around. https://t.co/IILG0v5eSl
Good Morning. #Gold is trading just below $1490/oz on Monday morning in Europe, showing further signs of consolidating, as it has done over the past week. https://t.co/k5AzdCzSIV
Heavy selling has been seen across all four precious metals this morning. Gold has dropped $50/oz and is now trading around $1477/oz.
The break of the 200 day moving average - at about $1500/oz - seems to have triggered stop-loss selling.
RSI now oversold FWIW. https://t.co/Db5oDuRYaS
One sided, in more ways than one.
It’s been a frustrating to be away from the office at a conference even one as good as the @ThePLSA.
Now that I’m back at my desk and in front of my spreadsheets I’d like to share some thoughts about #gold https://t.co/BJ5AhYQUFM
“So why didn’t gold go up yesterday with all the market turmoil?”
That’s a question I’ve been asked quite a lot over the past day and a three-day chart of #gold shows why its being asked. https://t.co/eU0ig1V8SY
Gold: Trading at $1676/oz at the time of writing in what has been a very choppy start to the week.
$1700/oz traded in Asia early on Monday as global equity markets opened (and have stayed) sharply lower.
But #gold couldn't hold these gains. https://t.co/MJL3X6Vd0V
#Gold ETFs have seen net redemptions so far this month, totalling about 43t so far this month with European outflows seeing more selling than North American list funds. This contrasts with what we’ve seen over the past few months. https://t.co/LcUzpeQxUM
Twenty Years of the Central Bank Gold Agreement comes to an end today.
(short thread) https://t.co/qmscGo1wSa
#gold under some moderate pressure on Thursday during European morning trading, last around $1537/oz https://t.co/EIPvskPyEh
#Gold is just above $1530/oz in Tuesday morning trading, slightly higher than the US close on Monday and today’s Asian range.
With London out for a (sunny) bank holiday, I missed the extraordinary Asian range on Monday. https://t.co/XxAOPRdGEN
$Gold: consolidating above $1500/oz at the start of the week - last around $1502.80 following some volatility in early European trading. https://t.co/LdcEYztgbv
