Spot Price Gold Silver Per Ounce – The physical silver market has been in short supply for 3 years now, with demand outstripping supply. This trend will continue until 2024 and underground silver reserves are rapidly disappearing. Moreover, the Silver Institute / Metals Focus report does not include many types of silver demand, which means that silver demand is higher than the market thinks… Read
After setting new monthly, weekly and daily records against the US dollar last week, gold prices were higher in the opening trading hours of the first full week of December. But in the first half hour of trading, gold rose more than $120 from $2,143, up $70, while 2020 London and Wall … Read More
Spot Price Gold Silver Per Ounce
The shocking failure of the US gold reserve audit, the successful prosecution of Wall Street banks for manipulating precious metals prices, the multi-year drop in gold prices during New York COMEX trading hours and the open measures valued by Plunge Protection are discussed. . The group apparently works with the US government and Wall Street… read on
Silver Price Prediction: 2022, 2023 And Beyond
In a strange and unknown development, all Chinese banks that directly participated in the LBMA gold price auction have disappeared. The latest loser is Bank of China, which surprisingly called for self-sustainability. Before that, ICBC and Bank of Communications disappeared. … with zero definition … Continue reading
In recent weeks, several JP Morgan traders in the US have been arrested for manipulating precious metal prices. At the same time, JP Morgan (the bank) freely withdrew from the 3-year Sin Bin agreement with the US DoJ. Who are the 10 JP Morgan traders named in court documents? Why didn’t the LBMA do it “in time”… read on
As the largest buyer of central bank gold in the first quarter of 2023 and one of the largest central bank buyers, the Central Bank of Singapore (MAS) did not succeed and this time the camera told the team again about gold in Singapore. entered his office. Singapore’s central bank’s gold holdings have been photographed for the first time…. read on
The Central Bank of Poland (NBP) bought 300 tons of gold after entering the gold market for the fourth month in a row in July and this time it bought 22.4 tons. From April to July, NBP has now bought 71 tonnes of gold and it needs to buy more as NBP wants to buy at least 100 tonnes of gold this year. In the coming months, … Continue reading
How Are Silver And Gold Bullion Premiums Calculated?
The Central Bank of Poland (NBP) bought almost 50 tons of gold in the three months from April to June. But this is only half the story as NBP plans to collect 100 tonnes of gold this year. So expect NBP to buy gold in 2023. The newly purchased gold is expected to return from London … read more
New precious metals warehouses/composites have been added to the COMEX/NYMEX approved brokerage network in and around New York. This warehouse is owned by Asahi Refining, Inc. It is managed by its subsidiary Asahi Depository LLC.
This post provides a summary of our financial performance for the financial year ended 30 June 2022 and highlights that financial year. Continue reading
Gallup’s most recent annual survey, which asked Americans what their long-term investments are, found that 26% of respondents chose gold. This is gold’s highest performance in Gallup’s annual asset class rankings since 2012, confirming that the World Gold Council and the United States Mint retail community are into gold. With … Continue reading
Gold And Silver Prices
Following a record year for central bank gold purchases in 2022, global central bank gold purchases in the first quarter of 2023 were also the strongest first quarter on record. In the first quarter, the Reserve Bank of Singapore (MAS) emerged as the largest buyer of gold in the first quarter, with 68.7 tonnes in the three months to January … Continue reading.
In the United States, there is a state-level Trade Money initiative that restores gold and silver to their rightful place as real money. These initiatives include everything from eliminating state sales taxes on gold and silver to legal challenges to gold and silver in the United States. As the flow of information in this field accelerates … read on
In 2022, when JP Morgan gold traders (Novak, Smith and Jordan) were convicted in a federal criminal case accused of rigging COMEX precious metal futures prices, many thought justice had been served. But like the dead in a bad zombie movie, gold trader JP Morgan is back and now they’re going to appeal… Read More
Now available in the US and offering customers a year of free storage in a secure Texas precious metal warehouse. With an account, you have 24/7 full control of your bullion, buy and sell gold, silver bars and coins to store, sell or exchange your bullion, check your bullion and much more. Texas … Continue reading
Gold Price: Per Ounce, Calculator, News And Analysis
The Monetary Authority of Singapore (MAS) announced in a major announcement that it will buy 44.6 tonnes of gold in January 2023, bringing the central bank of Singapore’s gold holdings to 198.4 tonnes. This is the largest central gold purchase by any country this year, but surprisingly, the news has received almost zero coverage… Read more
The United States Mint’s American Gold Eagle coin is the most popular gold coin in the United States and is rapidly gaining recognition around the world. Since its release in 1986, the coin has contained approximately 47.8 million gold eagles, 26.8 million troy ounces of fourth-grade gold. That’s 830 tons of gold stored in Golden Eagle coins! This … Continue reading
As one of the world’s most innovative merchants, we are proud to launch a dedicated US operation and a new US website, .us. Plus, you can now purchase physical bullion coins and bars with free US shipping or 1 year free storage in our secure vault… Read more
US gold mining giant Newmont Corporation, based in Denver, Colorado, is already the world’s largest gold producer, but is now looking to expand further with a bid from Australia’s Newcrest Mining. The combined Newmont-Newcrest produces 8 million ounces of gold annually, more than double that of its closest competitor, Canada’s Barrick Gold. This … read on
Silver Trading: 6 Ways Traders Are Gaining Exposure To This Commodity In 2024
Controversial Deutsche Bank is preparing to return to the London precious metals market with news that it is joining the LBMA and looking to participate in daily gold and silver auctions. However, let’s not forget that in 2014 Deutsche Bank panicked and fled the LBMA and the London gold and silver markets when the regulator investigated … Read More
China’s central bank (PBoC) began printing gold “purchases” on a monthly basis, saying it added 32 tonnes of gold in November and another 30 tonnes in December. Like China’s new gold stockpile “adds” in 2018-2019 and 2015-2016, this new strategic phase in the monthly gold cycle is being done for a reason and will continue… Continue reading
The SPDR Gold Trust (GLD) occasionally holds large amounts of gold in sub-custody at the Bank of England. We know this because GLD disclosed this in its monthly and annual filings with the SEC. Indeed, the SEC forced GLD to disclose this information in its complaints about GLD’s subordination. Why fund GLD (a subsidiary of World Gold … Continue reading)
Crypto exchange FTX and its subsidiary trading firm Alameda have sent shock waves through the crypto sector and the wider financial market. Billions of dollars have been lost in a scheme designed as a partial back-up scheme for consumers. Now the Chapter 11 bankruptcy that happened to FTX is true… Continue reading
Gold Price Climb Rs 100, Silver Unchanged At Rs 78,200 Per Kg, Et Retail
When the World Gold Council published a report this week that central bank gold demand had reached a record 400 tonnes, the data came as a surprise, with more than three-quarters of demand “underestimated”. This price is from Metals Focus and is based on “confidential information”, which it is not