According to the World Gold Council, Turkey's gold reserves increased by more than 40 tonnes of gold in August. Official holdings, including bank deposits, increased by only 7 tonnes.
Tag: gold market
Those who receive gold in the form of bars and coins at prices well below the usual delivery rates, should be alarmed. We'll explain why there are no cheap …
The gold price has again established itself above the USD 1,500 mark. The new reporting week will give further indications on the economic development in the big economies.
The record ride in US equity markets has led to a slight slowdown in interest in gold. The yellow precious metal is currently trading below 1,500 dollars again.
In addition to the well-known investors from Russia and China, many other central banks have recently bought gold of considerable size. These include Turkey, Australia and Qatar.
Even though the price of gold recently dropped below the 1,500 US dollar threshold again and again, the precious metal was immediately in demand again when the existing economic …
At the US commodity futures exchange COMEX, the number of futures contracts on gold has risen sharply again.
Despite the already relatively high net positions in trading US gold futures, the gold price is still programmed to rise. New traders are still adding on rising prices.
At the end of last year, the various market turmoil had caused the gold price to rise sharply. In addition to the Brexit and the Sino-US trade dispute, there …