Gold Buying by Central Banks Hits Highest Mark in 3 Years $GLD Global demand for gold rose in Q-3 compared to the same period a year ago as resurgent buying from central banks and retail consumers balanced huge outflows from exchange traded funds, the World Gold Council said on Thursday. Demand totaled 964.3 tonnes, up […]
The World’s Central Bank’s Demand for Gold at 3-year Highs $GLD, $GBP, $EUR, $CNY The world’s Central banks’ demand for gold reached a three year high, rising 8% during 1-H of Y 2018 compared to the same frame last year, according to a World Gold Council (WGC) market update on central bank buying activity released […]
WGC: Gold Demand +2% 2016 on Investment Demand $GLD Friday, data from the World Gold Council showed that a bounce in investment to a 4-year high drove a modest gain in Gold demand in Y 2016, even as use of the metal in jewelry slid to its lowest since Y 2009 and coin and bar […]
Access to Physical Gold Coming the 1.6-B Muslims on Our Planet $GLD A new Sharia Gold Standard will be introduced this month to the 1.6-B Muslims on our Planet. Until now, aboout 25% of the world’s citizens have been denied access to Gold under some existing conditions of Islamic Law, which controls all financial and […]