Strong inflation is not necessary for strong gains in gold

Inflation down, gold up” isn’t something you are likely to hear in the near future, but that doesn’t necessarily make it untrue. UK consumer-price inflation was reported at 0% for February but at the same time gold priced in British Pounds popped back above £800 per ounce for the first time in 5 weeks. A […]

24 March 2015 by Adrian Ash

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Replacing London’s Silver Fix – you need real buying, selling and settling to make a price and not a magic number

Week’s highlights Gold and silver rise for the week vs. Dollar… ECB fails to devalue the Euro, QE next… World stockmarkets hit new record highs regardless… London Fix – Priceless Irony The race is on then to replace London’s Silver Fix. So far however, the solutions put to the press appear only to create a […]

6 June 2014 by Adrian Ash

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Boring gold losing “Safe Haven Appeal”. Apparently

This week’s highlights.  Gold falls 2% to 16-week low of $1261 per ounce… Silver holds steadier, keeps flattening above $19… Asia & European equities struggle to follow Wall Street’s new record highs… Dollar pushes Euro to 15-week low, Sterling tests May lows as Yuan drops…  A little fun with the gold price at last, after […]

28 May 2014 by Adrian Ash

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The fact Europe’s central banks haven’t sold gold probably means more than the new Central Bank Gold Agreement

The Eurozone central banks, plus Switzerland, have signed a new gold sales agreement. It will start running when the current deal expires in September. The deal was first signed in September 1999, after the UK Treasury had dumped half the nation’s gold on the slate, spiking the price lower. Known since as CBGA1, that agreement […]

20 May 2014 by Adrian Ash

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Gold to surge on BJP win in India? Three reasons why the answer is likely to be ‘No’

FOR A NATION where gold investment and ownership matters so very much, politicians in India have gone awful quiet about its de facto ban on gold imports during the current national elections. Finally ending in Varanasi on Monday after four weeks touring the country, India’s elections are widely expected to land BJP leader Narendra Modi […]

12 May 2014 by Adrian Ash

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Forget the Madeleines. Eat the Rich (or where is gold in Piketty’s thesis?)

The week’s highlights Wall Street hits record, gold cuts 2014 gain to 6%… US Fed tapers again yet Dollar also slips… Silver tanks and rallies, but trades 2% down for 2014… Sterling jumps as housing, spending jump back to 2007… “Poverty crisis drives 1 million to food banks,” said a headline in UK freesheet Metro […]

2 May 2014 by Adrian Ash

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How gold squeezed one year’s drop into a two day crash

Highlights this week How Gold Squeezed 1 Year’s Drop into 2-Day Crash Gold rises for 12th week in 15 so far in 2014… Silver struggles to catch up, drops vs. Sterling… Nasdaq slumps, major bonds rise… US Fed full of doubt on tapering or raising rates… A year ago today, a leaked IMF-EU paper told […]

11 April 2014 by Adrian Ash

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Silver’s siren call to the Über-Rich

Highlights this week Gold drops $100 from last week’s 6-month high… Fails to spur Asian demand, Shanghai at discount to London… Silver falls 11% from late-February, back under $20… There have in living memory been two plain attempts to buy a controlling share of the global silver market. Texas oil barons the Hunt brothers tried […]

28 March 2014 by Adrian Ash

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