Gold stars aligning; China reserves and demand and trade war escalation impact

Four recent articles wRitten by me and published on the Sharps Pixley website.  To read the articles in full click on the titles

Gold: The Stars are all Aligning – Again

The latest issue of Grant Williams’ Things that make you go hmmm.. newsletter point to market performance parallels with that ahead of the Great Depression and other major recessions as well as other factors seen as positive for gold

Chinese 2019 gold demand still slipping but don’t panic

Latest gold withdrawal figures for July from China’s Shanghai Gold Exchange suggest that Chinese gold demand continues to falter this year, but any shortfall in demand is being counterbalanced by gains elsewhere.

China says it added 10 tonnes to gold reserves in July

The Chinese Central Bank reports adding just short of 10 tonnes of gold to reserves in July while overall Central Bank purchases remain elevated and gold ETF holdings rise.

U.S./China trade war escalation drives gold to $1,500

The apparent escalation of trade tensions between the world’s two biggest economies, the U.S. and China, has given a huge boost to the gold price which is hovering close to the US$1,500 level.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s