Sentences with phrase «for gold demand»

A stronger dollar is negative for gold demand as it makes the metal more expensive for holders of other currencies.

This seasonal pattern is one of the most powerful drivers for gold demand.

Not exact matches

Worldwide demand for gold totaled 973.5 tons in the first quarter of the year, according to the Council's latest report, down 7 percent year - on - year.

MUMBAI / BENGALURU, April 18 - Demand for physical gold was lower - than - usual during a key festival in the world's second biggest consumer India as local prices peaked and a cash crunch curbed retail spending.

«There were comments from Trump to China over the weekend saying «if you can't sort out North Korea, we will» so there is still some geopolitical risk out there which attracts demand for gold,» said Hansen.

Demand for gold, the «fear index» has likely be curbed by greater odds of a December rate hike, as well as the surging dollar.

The demand for legal marijuana, which has outstripped many lofty expectations, isn't the only thing small - business owners in the pot gold rush are surprised about.

True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production.

«The signs of detente in the North Korean conflict are... contributing to the lack of solid demand for gold as a safe haven at present,» Commerzbank said in a note.

«There's underlying demand for gold as a hedge against political uncertainties on both sides of the Atlantic,» said Ole Hanson, head of commodity strategy at Saxo Bank.

Gold jewelry demand, for instance, grew 10.35 percent year - over-year in 2017.

World Gold Council's Chief Market Strategist, John Reade, said in his 2018 outlook for gold that, «Over the long run, income growth has been the most important driver of gold demGold Council's Chief Market Strategist, John Reade, said in his 2018 outlook for gold that, «Over the long run, income growth has been the most important driver of gold demgold that, «Over the long run, income growth has been the most important driver of gold demgold demand.

WGC research shows that as incomes rise, the demand for gold jewelry and gold - containing technology tends to rise as well.

With India having imported a phenomenal 525 metric tons in the first half of 2017 alone, Teves writes that «we expect gold demand in India this year to be around historic averages,» which would be very supportive for prices.

For example, in periods of low market volatility and average demand, a one ounce gold American Eagle coin might be offered at 4.5 % over spot, but periods of weak demand can bring the price down to 3.5 % over spot, or lower.

And in times of financial turmoil, the demand for gold only grows.

Holding a paper substitute for physical gold is unacceptable, as the company might be unable to meet customer liquidation demands.

More specifically, Liz asks Frank why the price of gold has done well lately, but now appears to be heading toward the end of its winning streak, when there are plenty of negative headlines that typically spark safe - haven demand for the metal.

As impressive as this news is, there's no sign more compelling that investors have an insatiable appetite for gold right now than the growing demand for safety - deposit boxes.

Gold has been used throughout human history as a store of monetary value, and as such enjoys investment demand for its monetary utility.

Gold prices will recover next year as demand in China and India improves, according to Australia & New Zealand Banking Group Ltd., which forecast an advance for bullion even as the Fed raises interest rates.

Gold advanced the most in more than two weeks amid speculation that China, the world's biggest consumer, will take more measures to bolster the economy, boosting demand for the precious metal as a store of value.

Gold futures rose to the highest in more than five weeks as declines in equity markets revived demand for the metal as a haven.

Gold futures rose for the first time in three days as signs that money supplies will increase in Europe and Asia revived investor demand.

Gold fell as the dollar held near the highest level in five years and investors reduced holdings in the largest exchange - traded product backed by the metal, curbing demand for a store of value.

The electronic gold market or futures gold market continues to have all the hallmarks of a managed market and gold seems tethered to the $ 1,200 / oz level for now despite the very bullish geo - political backdrop and robust global demand.

Gold futures climbed the most in five months as a rally for oil prices revived demand for the metal as a store of value.

Gold jumped 2.3 percent to a six - week high yesterday as sharp falls on stock markets globally led to renewed demand for gold as a haGold jumped 2.3 percent to a six - week high yesterday as sharp falls on stock markets globally led to renewed demand for gold as a hagold as a haven.

Turkey's demand for gold surged by more than a third in the first quarter, as consumers flocked to the precious metal as a protection against a tumbling currency and rising inflation.

In Dubai, there has been a massive surge in the demand for gold since the price collapse of last month, with demand far outstripping supply.

Being finite and in short supply, incremental demand for physical gold would result in immediate and sustained price gains, creating a positive feedback loop in the market place.

Since the beginning of the second quarter of this year, spot gold has been trading in a tight $ 100 range, with the price of the precious metal more or less confined in the $ 1,200 - 1,300 per troy ounce band — and investor demand for the yellow metal has been continuing to wane as the global stock - market rally continues unabated.

According to the World Gold Council (WGC), demand for gold slipped by 7 percent in 2017 compared with a year earlier on the back of a decline in central - bank purchases, a sharp slide in inflows into gold ETFs (exchange - traded funds) and a 10 - percent fall in coin investmeGold Council (WGC), demand for gold slipped by 7 percent in 2017 compared with a year earlier on the back of a decline in central - bank purchases, a sharp slide in inflows into gold ETFs (exchange - traded funds) and a 10 - percent fall in coin investmegold slipped by 7 percent in 2017 compared with a year earlier on the back of a decline in central - bank purchases, a sharp slide in inflows into gold ETFs (exchange - traded funds) and a 10 - percent fall in coin investmegold ETFs (exchange - traded funds) and a 10 - percent fall in coin investments.

According to gold - demand trends in first quarter 2017, published by the World Gold Council, the mandate for the precious metal dropped at an annual pace of 18 percent to 1,034.5 tons in the first quarter of 2017, from 1,260 tons a year earlgold - demand trends in first quarter 2017, published by the World Gold Council, the mandate for the precious metal dropped at an annual pace of 18 percent to 1,034.5 tons in the first quarter of 2017, from 1,260 tons a year earlGold Council, the mandate for the precious metal dropped at an annual pace of 18 percent to 1,034.5 tons in the first quarter of 2017, from 1,260 tons a year earlier.

The demand of gold reflected over the next several months and characterized by the purchase of the metal for cultural celebrations and religious holidays, I refer to as the Love Trade.

The largest demand for gold is seen in the jewellery sector, which accounts for 40 to 50 percent of the total global demand, followed by gold bars and coins, global ETFs backed by gold, central - bank purchases and demand by other industries.

Institutional investors rarely invest in the precious metal, let alone crypto - currencies for that matter, and according to them, investments in gold are generally carried out by retail investors in countries such as India and China, with central banks contributing to the rest of the global demand.

Such a hypothesis, in our opinion, does much to explain the incongruity of a declining gold price while fundamentals for paper currency, and the US dollar in particular, obviously deteriorate; while demand for physical gold has exceeded new mine supply for several years running; and while above - ground 400 - ounce.999 gold bars located in London, New York, and other financial capitals (in cohabitation with speculative trading activity in paper markets) have steadily dwindled and disappeared into Asian financial centers reformulated as.9999 kilo bars.

The demand for gold ETFs has been consistently strong throughout 2016, including the past few weeks.

More importantly, taking large amounts of gold and / or silver off the market distorted their price by creating an artificial demand for them.

We think that the most important consequence of a new crisis will be risk aversion and enormous demand for gold.

Physical demand for gold has picked up in China as its stock market troubles continue.

With China's increasing domestic demand for gold, economic growth trends and continued weakness in the Chinese stock market, some analysts expect gold prices to reach new highs.

India's upcoming five - day Diwali festival, seen as an auspicious period for gold buying, will boost physical demand in coming weeks, says Su

He discusses the recent FOMC minutes, the reaction in paper gold and the ongoing, global demand for physical gold.

«Developing a trading platform with CME Group will satisfy customer demands for faster, cost effective and secure ways to buy, hold and sell gold and complement our existing products.

Better - than - expected U.S. jobs data on Friday boosted the dollar and dampened safe - haven demand for gold, pushing prices to $ 1,183.46 on Monday.

Jeffrey Christian: The single most important factor has been a massive decline in the investment demand for gold.

Gold may reach a record this year as demand for a hedge against inflation outpaces an expanding scrap supply and weaker use elsewhere.

Gold futures fell the most this year on speculation that Greece's anti-austerity party victory won't result in the country leaving the euro currency bloc, crimping demand for haven assets.