Sentences with phrase «on the gold market»
As such, 25 percent of the world's population now has significantly greater access to the most liquid products available on the gold market.
internationalbanker.com
To answer your question, I doubt the launch of the petro - yuan futures will have a large, immediate impact on the gold market.
In the past few days a so - called «bear raid» on the gold market in general has driven its price down close to $ 1,080.
It is also worth noting that the World Gold Council's stated purpose is «to stimulate and sustain demand for gold, provide industry leadership, and be the global authority on the gold market» — thus making it highly unlikely that they would support Bitcoin as a viable alternative investment.
In a typically trenchant research note on Friday, Ole Hansen, chief commodity strategist at Saxo, warns that the calm on gold markets is likely to be shattered soon.
Many investors are keeping an eye on the gold market and continue to appreciate gold's value as a diversifier in a portfolio, yet few have been actively involved in putting on meaningful, strategic positions.
Not only have ETF flows not been correlated to changes in the price of gold over any meaningful timeframe, but the impact of the western hemisphere on the gold market is grossly overstated.
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.
Soon, Indian tax authorities descended on the gold market, confiscating security camera recordings to identify any transaction that might have bypassed taxation.
The switch from Central bank gold sales to purchases had a big impact on the gold market.
In the past few days a so - called «bear raid» on the gold market in general has driven its price down close to $ 1,080.
Gold price in India has a significant impact on the gold market and it tends to fluctuate rapidly.