GLTR News and Press, Aberdeen Standard Physical Precious Metals Basket Shares From 01/31/23

Summary Gold has a negative correlation with expectations for what the Fed is going to do with rates. Just as a weaker dollar is good for the euro and the yen, it’s typically good for gold too. Expectations of higher rates tend to hurt gold whereas expectations for lower rate...

Summary The first data point in favor of further gains to come is that the rally began on Nov 3 at 1618, when the Fed confirmed the pivot. The current daily RSI is extremely overbought and negatively divergent. Sentiment and the daily and weekly technical indicators make a strong ca...

Summary Gold has seen a bounce since inflation spiraled in the latter part of 2022. If you believe a market moves in waves of buying and selling, you will know that on the macro chart, Gold has only formed what could be perceived as a wave one. We will look at where the two missing ...

Summary Why gold is defying expectations as it climbs towards $2,000. How China is using gold for its reserve currency ambitions. The risk investors may face as gold prices climb. The price of gold has been on a steady climb upward this year, despite a negative bac...

Summary Gold had gotten hung up on $1800 many times over the last few years. Silver led gold higher and then got trapped around the $24 mark in mid-December. Even though the consolidation in gold and silver lasted more than two years (Aug 2020-Dec 2022), markets always need time to ...

Summary Gold deliveries in January have reached 6,327 contracts with only 178 remaining in open interest. While this fell shy of the last five minor months, there are a few signs that are noteworthy. The market remains in strong contango with the highest spreads seen since at least summ...

Summary Gold prices have surged over the past two months with expectations that the US Federal Reserve will slow its interest rate rises. We have increased our 2023 price outlook slightly based on the faster-than-expected pivot in US interest rate policy and the return of Chinese demand...

Summary We projected the Q4 (2022) to Q1 (2023) rally in broad markets back in November. Gold stocks are a leader in the global asset market rally, but they are not unique as they are one of many global boats being lifted. When the broad rally falters, it will be the right time for ...

Summary Silver demand growth from solar installations is about to take off as module prices are forecast to fall and production to surge with massively increased polysilicon production. Lower intensity of silver usage in solar modules is forecast to decline at a slower pace, causing thi...

Summary Resource equities exhibited strong relative gains this quarter, outperforming both global equities and bonds during the three-month period. During the quarter, the greatest contributions to absolute performance came from the oil & gas sub-sector - including the top three ind...