GLTR News and Press, Aberdeen Standard Physical Precious Metals Basket Shares From 02/28/23

Summary Gold had seen a terrific run from November through January and such a pullback was hardly an outlandish call. Gold and precious metals generally perform best during periods of financial repression and easy monetary policy conditions that see the debasement of currency. For m...

Summary Silver has a long and storied history as a form of money, dating back to ancient civilizations such as the Greeks, Romans, and Egyptians. The first known silver coins were minted around 600 BC in Lydia, an ancient kingdom in Western Asia Minor. In the centuries that followed...

Summary Tightening monetary policy, Europe’s energy crisis, and China’s COVID-19 lockdowns have contributed to risk aversion in the economy and markets. China’s early reopening from its COVID-19 lockdowns is already putting pressure on tight inventories. Destock...

Summary Gold deliveries in February came in quite low for a major month, totaling only 15,055. This is the lowest month going back to February 2020 (pre-Covid). Silver has been leading gold, and saw delivery volumes drop about a year ago. February did see a healthy number of contrac...

Summary For estimating the true size of the gold reserves of the Chinese central bank, we first need to make a clear distinction between monetary gold and non-monetary gold. Given China is the second largest economy in the world, it has massive foreign exchange reserves but little gold ...

Summary Gold is nearing its strongest buy signal in four months as the U.S. dollar eases off a rally that’s carried the greenback to its highest point since early January. Gold is under pressure from the dollar, which has made gains against a basket of world currencies on economi...

Summary After gold broke through solid resistance at $1800, it didn’t waste much time blasting through $1900 before running out of gas at around $1950. Silver led gold higher and then led it lower. Any short-term traders in the precious metals have gotten beaten up badly over...

Summary Gold has a history of adding meaningful diversification in a broad portfolio asset allocation strategy. Gold is historically uncorrelated with other major asset classes such as stocks and bonds. Gold has been in a sustained uptrend dating back to the mid-2010s. The gold-...

Summary I’ve noticed a very simple stair-step pattern in the trend of gold prices over the past 25 years or so. The action in gold prices over the past couple of years or so has formed yet another consolidation range. If the bull phase that began in 2016 is to continue, gold ...

Summary The key to this year's forecast is remembering how the COMEX metals traded in prior years where a Fed monetary change was pending. Though recent economic data suggest that this eventual "pause and pivot" may be delayed until late summer or autumn, for long-term metal investors, ...