Sentences with phrase «of gold demand»

Rural India is responsible for most of the gold demand in India.

The World Gold Council (WGC) released a video Wednesday that looks at the third - quarter trends of gold demand on a worldwide scale.

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 demand.

Not exact matches

«You can see it in the physically backed gold products, a primary indicator of safe - haven demand.»

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.

LONDON, May 2 - Gold steadied on Wednesday near 4 - month lows as the dollar's uptrend paused, but prices of the precious metal are expected to remain under pressure from a significantly stronger U.S. currency and weak investment demand.

Prices of commodities like corn, oil, or gold often plunge when producers pump out supply to meet demand, creating inadvertent gluts.

Gold hit a three - month peak as the political risk of European elections and worries over Donald Trump's policies stoked safe - haven demand.

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

Its central bank has been one of the most aggressive practitioners of quantitative easing — in January, it lowered interest rates below zero — which has helped fuel demand in gold around the world.

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

With markets focusing on the weakness of demand, stocks fell in both Asia and Europe, while «safe - haven» investments such as U.S. Treasury bonds and gold surged again.

«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.

Over the medium and long - term, this could lead to a supply - demand imbalance and ultimately put strong upward pressure on the price of gold.

Gold hit a three - month peak on Wednesday as the political risk of European elections and worries over President Donald Trump's policies stoked safe - haven demand.

«Gold is holding above the 50 - day moving average in spite of a stronger dollar, helped by lower U.S. yields and physical demand,» she noted in a report on Thursday.

Gold's woes are showing no signs of easing after a stronger dollar and weak demand from China sent the precious metal tumbling down to a five - and - a-half year low last week.

Consider this conundrum in the gold market: The metal has traditionally been a good hedge against inflation, but it hasn't seen much demand lately even in the face of rising inflation fears.

But in the last two days gold prices came off because of a stronger dollar and we saw good demand,» said Brian Lan, managing director at dealer GoldSilver Central in Singapore.

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.

Gold has always been the primary standard by which we measure value, thanks to its continued demand as a currency, store of value and speculative asset.

In a newspaper article from May 1948, Rep. Buffett wrote, «In a free country the monetary unit rests upon a fixed foundation of gold... independent of the ruling politicians... unless you are willing to surrender your children and your country to galloping inflation, war and slavery, then this cause demands your support... we must win the battle to restore honest money.»

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

Because gold miners have had to slash exploration budgets since the decline in metal prices, the kind of financing royalty companies provide has only grown in demand.

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.

If we look at the index's constituents, we find that six metals — aluminum, copper, zinc, gold, silver and nickel — have been the top drivers of performance this year, thanks to a weaker dollar, China's commitment to rein in oversupply and heightened demand.

Precious and Industrial Metals Inflation concerns, geopolitical tensions and interest - rate levels, especially real yields, contributed to a 1.7 % rise in the spot price of gold (to US$ 1,325 per troy ounce), as did swings in the US dollar.1 Gold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projecgold (to US$ 1,325 per troy ounce), as did swings in the US dollar.1 Gold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projecGold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projecgold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projected.

The world's two largest consumers of gold by far, China and India, are currently importing enormous amounts of the yellow metal on safe - haven demand.

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

Gold's unique qualities also make it considerably useful in a large number of industrial applications, thus making it one of the few monetary metals that also enjoy a commodity driven demand profile.

Up 7.75 percent in the first six months, gold was supported largely by strong demand in India as consumers made their purchases ahead of the government's Goods and Services Tax (GST), in effect since July 1, which levies a 3 percent tax on gold.

Following bitcoin's breathtaking ascent to fresh highs, gold rose to a seven - month high last week on safe - haven demand, stopping just short of the psychologically important $ 1,300 level.

Members belonging to Kohlapur district unit of Shivsena met Kohlapur Superintendent of Police, demanding strict action against jewelers who accept stolen gold from criminals.

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.

The managing director of American Precious Metals Advisors explains why demand from China and India could drive gold prices even higher in the coming months.

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.

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.

In the article, the MSM propagandist states such things as: 2017 has seen, according to his one time Goldman Sachs source, a «dramatic crash in [physical gold coin] demand,» that interest in gold coins is linked to «political conservatism, or anarcho - libertarianism» and «end of the world right wing sentiments,» that gold has been implicated in a «conspiracy to commit money laundering,» that gold is «financed by people in the narcotics trade,» that it comes from «illegal mines and drug dealers in Peru, Bolivia and Ecuador,» that «the federal authorities assume the NTR Metals [case] represented only a fraction of illegally sourced and financed gold,» that therefore the US attorney is broadly investigating the gold industry, that gold is «produced by exploited workers,» that «crude [gold] extraction techniques create serious and lasting environmental damage,» that gold plays an important part in «tax evasion,» that it is related to American gun sales, which the author abhors; that «drug dealers [use] gold imports as a way of laundering their proceeds,» and that «they came to realize that illegal gold [is] an intrinsically better business» than drug dealing; to name but a few of the aspersions cast against gold in the short article.

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.

To date, in order to prevent a surge in physical gold demand from happening, the Deep Statists have created various forms of transparently fake gold, such as electronic gold futures, options and non-auditable ETFs and EFPs.

In his January 2012 paper entitled «The Seasonality of Gold — Jewelery Demand and Investor Behavior», Dirk Baur examines calendar month seasonality of the price of gGold — Jewelery Demand and Investor Behavior», Dirk Baur examines calendar month seasonality of the price of goldgold.

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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 the World Gold Council (WGC), India gold demand is expected to touch a record level of 300 - 400 tonnes between April and June, a 200 per cent year - on - year increase and almost half of total imports last yGold Council (WGC), India gold demand is expected to touch a record level of 300 - 400 tonnes between April and June, a 200 per cent year - on - year increase and almost half of total imports last ygold demand is expected to touch a record level of 300 - 400 tonnes between April and June, a 200 per cent year - on - year increase and almost half of total imports last year.

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