China gold market update: Wholesale demand fell in August
Weekly Markets Monitor: Fedward Scissorhands
Last week saw a blend of inflation trends and political challenges. In the US, mixed inflation data, cooling labor markets, and weakening consumer sentiment kept expectations of a Fed rate cut in place.
Weekly Markets Monitor: The gold rush
Last week's releases highlighted a softening U.S. labor market, reinforcing expectations for rate cuts.
Risks channel August inflows West
Global physically backed gold ETFs saw inflows three months in a row, adding US$5.5bn in August. North American and European funds led inflows while Asia experienced continued outflows. Supported by continued inflows and a higher gold price, global gold ETFs’ total AUM rose 5% to US$407bn, another month-end record. Meanwhile, holdings rebounded 53t to 3,692t.
Weekly Markets Monitor: Stellar week for gold
Last week was dominated by concerns over Fed independence and uneven global economic momentum.
Weekly Markets Monitor: Fed’s shift
Last week, the US Fed signaled potential rate cuts amid mixed economic signals. The US labor market softened while business activity and housing data surprised on the upside.
India gold market update: Festive prep begins
As the festive and wedding season approaches, there are signs that gold jewellery demand is gaining momentum, and with investment interest holding firm, overall gold demand could receive a boost.
Weekly Markets Monitor: Pressure on at Jackson Hole
Last week was data-heavy: while the US showed mixed economic signals, there were signs of slowing activity in China.
