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.
Posted 3 years 10 months ago
The US Federal Reserve (Fed) announced an emergency 50bp rate cut yesterday, bringing the Fed funds rate down to a 1-1.25% range, in response to ongoing concerns about the potential impact of the coronavirus outbreak to the global economy. Treasury bond rates followed suit, with the 10-year note hovering 1% at the time of writing – an all-time historical low
Posted 3 years 10 months ago
Posted 3 years 10 months ago
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.
Posted 3 years 10 months ago
Posted 3 years 11 months ago
At the end of January, the new head of the European Central Bank (ECB), Christine Lagarde, announced the launch of a year-long strategic review of the bank’s monetary policy strategy. Stemming from this, there has been much discussion recently about the ECB’s existing “below but close to 2%” inflation target, and whether this needs to be made more specific, both in aim and measurement.
Posted 3 years 11 months ago
Posted 3 years 11 months ago
Posted 3 years 11 months ago
Watch today's Gold Demand Trends webinar, where we discussed the drivers of gold demand from Q4 and FY 2019.
Posted 3 years 11 months ago
Wedding and stable domestic gold price at ~Rs 37800/10gm helped demand in first half of December but demand tailed off after 15th December after the beginning of inauspicious period and rising gold price which jumped by 3.7% from mid-December till end of the month.
Posted 3 years 11 months ago
Posted 3 years 11 months ago
Posted 3 years 11 months ago
Posted 4 years ago
On 25th January 2020, people throughout China will celebrate the start of a new year – the most important festival in the Chinese lunar calendar. This will kick off Year of the Rat and begin another rotation of the twelve zodiac signs. Most people are already in a festive mood, and, as a result, so is China’s gold market.
Posted 4 years ago
Gold has a special place in the Australian psyche. The gold rush of the early 1850s helped propel the country’s economy, stimulate its industries and grow its population. Australia is the world’s second largest gold producer and gold remains its third major commodity export. And over the last few years the Australian gold sector has flourished, with record mine production and record gold prices... But any sense of sectoral optimism is in danger of evaporating as the country struggles to cope with raging bushfires of unprecedented intensity and scale.
Posted 4 years ago
Posted 4 years ago
China’s first exchange-traded gold future’s option was listed on 20th December 2019 on the Shanghai Futures Exchange (SHFE). While gold options already existed in China, these were traded over-the-counter (OTC) on the OTC market platform at the Shanghai Gold Exchange (SGE) and linked to physical gold products.
Posted 4 years ago
Gold has long been recognised as a safe haven, an asset that investors seek out for protection and security during uncertain times... That certainly seems to have been borne out over the last week, with gold reaching a seven-year high.
Posted 4 years ago
Posted 4 years ago
In November, central banks reported adding 27.9 tonnes – on a net basis – to global official gold reserves, 43% lower than October’s increase. On a year-to-date basis, this brings cumulative net purchases to 570.2t, 11% higher the same period in 2018 (515.2t).
Posted 4 years ago
