Investors Still See Gold as Safe Haven & Inflation Hedge

Investors Still See Gold as Safe Haven & Inflation Hedge

In a counter intuitive move, the precious yellow metal is advancing as Fed threatens to tighten, ETF investors have turned buyers as Trump Rally extends. Savvy market analysts know very well that works for gold in practice does not work in theory very often, in fact “rarely”. The last 3 FOMC interest-rate increases that should have been negative gold have actually driven prices North in the months that followed.

Money Managers No Longer Hate Gold, Saying It’s Undervalued

Money Managers No Longer Hate Gold, Saying It’s Undervalued

The last two times in 10 years that money managers thought gold was cheap, the yellow metal subsequently jumped in price. The world’s biggest and most powerful money managers usually hate gold. But not today. The latest survey of nearly 200 money managers worldwide, controlling more than half a trillion dollars in investment assets, shows a sudden and rare burst of bullishness about the yellow metal.

Platinum Group Metals – A Quiet Storm Brewing

Platinum Group Metals – A Quiet Storm Brewing

Platinum looks to challenge resistance. Six years of a platinum deficit. Look for the platinum discount under gold to narrow. Palladium is the most volatile precious metal. PGMs are industrial precious metals. Platinum and palladium have posted gains so far in 2017 alongside their precious cousins, gold and silver. Platinum and palladium are not only precious but they are industrial metals. The rarity of the platinum group metals puts them in a class by themselves….

Germany Brings Its Gold Stash Home Sooner Than Planned

Germany Brings Its Gold Stash Home Sooner Than Planned

Germany’s central bank is bringing home gold reserves stored in places like New York and Paris faster than planned, it said on Thursday, as confidence in the euro ebbs even in the heart of the currency bloc after a decade of a sluggish economy. Stashed away at the height of the Cold War in safe havens well out of Moscow’s reach, the 3,378-tonne, 120 billion-euro (102 billion-pound) gold stockpile has become a symbol of Germany’s…

Investment Veteran Favors Gold on Risk of Trump ‘Mistakes’

Investment Veteran Favors Gold on Risk of Trump ‘Mistakes’

Precious metal seen advancing to $1,300/ounce by the end of the year Roche is more likely to increase than decrease gold holdings Gold will climb about 6 percent through the end of the year as investors seek a shelter from the rising political risk surrounding President Donald Trump, according to Independent Strategy Ltd.’s David Roche, who has about 45 years of experience covering markets. Bullion is set to rise to $1,300 an ounce, while most…

Gold Demand Hits Four-Year High After Brexit and Trump Votes

Gold Demand Hits Four-Year High After Brexit and Trump Votes

The Brexit vote and the election of Donald Trump drove global gold demand to a four-year high in 2016, as pension funds and other institutional investors piled into the precious metal while higher prices put consumers off jewelry purchases. Global gold demand rose 2% last year to reach 4,309 tonnes, the highest level since 2013, according to a report from the World Gold Council, which represents gold miners.

ETF Buyers Return to Precious Metals Amid Trump Policy Angst

ETF Buyers Return to Precious Metals Amid Trump Policy Angst

$1.6 billion pour into 10 precious metal-backed ETFs Biggest gold miner ETF attracts more money as metal rebounds Add the flap over U.S. immigration policy to investor concerns that are reigniting demand for precious metals as havens. Long-only exchange-traded funds backed by precious metals have attracted about $200 million this month, on course for the first monthly inflow since October, data compiled by Bloomberg Intelligence showed. Almost $1.6 billion poured into the 10 precious metals…

How the US Dollar Impacted Precious Metals in January 2017

How the US Dollar Impacted Precious Metals in January 2017

US dollar recovered The increasing strength of the US dollar is one of the major factors that played a role in the fall in precious metals over the past two days. The US dollar index, measured by the DXY Currency Index, rose almost 0.50% to meet the 100 mark again. It ended the day at 100.4 on Thursday, January 26, 2017. Earlier it had fallen to its seven-week low of 99.8. It seems that Trump’s…