Goldhub blog: Posts tagged with "volatility"

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Alistair Hewitt
Head of Market Intelligence
World Gold Council

The Art of the Trade Deal

“It just doesn’t get any bigger than this”. At least that is how President Trump is portraying the signing of the “Phase One” deal with China last week. But while talks between the two nations are undoubtedly positive for global trade, do they really make a substantive change in circumstances?
Ray Jia
Research Manager
World Gold Council

Au(T+D)’s trading volume edged closer to new record in July

  • Chinese gold prices rose modestly in July 
  • Au(T+D)’s trading volume in July extended its June surge
  • The local gold premium saw a much lower volatility 
  • Imports registered another decline, dropping to 55t in July
  • Gold withdrawals from Shanghai Gold Exchange (SGE) experienced the first rise in four months 
  • The People’s Bank of China (PBoC) added another 10t to its gold reserves