GLDW News and Press, SPDR Long Dollar Gold Trust From 02/25/20

The US dollar and Swiss franc are two of the leading and most respected foreign exchange instruments in the world. The dollar is the leading reserve currency because of the size of the US GDP and the long history of political and economic stability in the United States. The dollar is the leadi...

It didn't seem possible this time last year but, yes, $2020 gold is no longer a "pie in the sky" number. The adage "good as gold" actually means something again. Gold is currently the strongest commodity on the board with the exception of palladium. That gold is rallying in the face of a sur...

Ever since I have been calling for a strong continuation rally in gold since November of last year, I have had one naysayer post to me after another. I have had quite a number of them tell me that the COT presents too many commercial trader short positions to “allow” the metals...

After reaching a low at just over $250 per ounce around the turn of this century, the price of gold took off on the upside. Before the 2008 global financial crisis, the yellow metal had already reached a new record level at $1033.90 per ounce. Gold had never traded above the $875 level before ...

Originally published on 19/02/2020 An administrative amendment by the UK Statistics Authority has caused a meaningless anomaly in their precious metals trade statistics for 2019. Last week, an article titled "The Multibillion Mystery of the Great Gold Sale" was published by The Times ....

The dollar is the king of currencies. As the world's reserve currency, the US greenback is the foreign exchange instrument that central banks around the world hold as part of their reserves. At the same time, the dollar is the benchmark pricing mechanism for most commodities. Raw materials are...

Source The fear is back. It's easy to acknowledge how accurate Warren Buffett was to advise investors to be greedy when others are fearful, but putting it into action could turn out to be a much more difficult task than what many of us imagine. More often than not, events that disrupt mark...

The UK net imported 996 tonnes in 2019, according to data published by Eurostat. Contrary to what investors often assume, the price of gold is not determined by consumer demand such as jewelry or coins. What drives the gold price is institutional (supply and) demand . Because the most liqui...

With the unfortunate coronavirus affecting many, especially in China, it's not a surprise that it's become the go-to rationale for most of the latest Wall Street market moves. But is it really the coronavirus that's causing the markets to go up or down? Or could it again be the Plunge Protecti...

Brazil and gold are two markets going in opposite directions. The Brazilian market has suffered for years because of political corruption. The election of Jair Bolsonaro in October 2018 raised hopes that the economy of South America's leading nation would improve. President Bolsonaro ran on an...