Sentences with phrase «investor in the yellow metal»

That's precisely what households in Germany did, and by 2016, the European country became the world's biggest investor in the yellow metal.

Not exact matches

The trade group that represents the commodity blamed the fall on a 15 percent dip in investment in gold bars to 254.9 tons, as investors in the U.S., China and Germany held off from buying the yellow metal.

A growing number of prominent investors are concluding the yellow metal has lost its status as a go - to asset in times of trouble — perhaps for good.

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.

But in the west, investors prefer to gain exposure to the yellow metal via ETF's that may or may not represent physical gold.

But investors last week came home to the yellow metal after China announced it had increased its gold reserves by an additional 19 tonnes in July, boosting its total holdings to 1,677 tonnes (nearly 54 million ounces).

Given that this new block of investors can now be unleashed on the gold market, if even a mere 1 percent of the overall value of Islamic investment is allocated to the yellow metal, it would be equivalent to approximately USD 65 billion or 1,700 tonnes of new global demand, nearly double China's estimated total demand for gold in 2015.

As gold is seen as safe heaven against fluctuating economy and equities market, every trader or investor wants to have exposure in this yellow metal but they do not want to trade in international market where investment required is huge and also base currency is USD.

Many investors have given up on the idea that gold merits consideration in their portfolios due to years of depreciation in the dollar price of the yellow metal.

The investors continue to believe in the power of the yellow metal, despite a marginal decline in the prices of gold in 2017.

Since investors continued to show their best interest in the yellow metal, spot gold trading prices stood at $ 1245 per ounce in the global marketplaces.