GLTR News and Press, Aberdeen Standard Physical Precious Metals Basket Shares From 08/13/23

2023-08-13 07:57:37 ET Summary Gold prices declined this week due to inflation data and expectations of the Federal Reserve's short-term policy. Traders reduced their gold positions in anticipation of a stronger US Dollar and increasing US Treasury yields. The upcoming week's ...

2023-08-12 06:00:00 ET Summary Crescat is a global macro asset management firm. We develop tactical investment themes based on proprietary value-driven models. Our mission is to grow and protect wealth by capitalizing on the most compelling macro themes of our time. Crescat believ...

2023-08-11 07:00:00 ET Summary The US dollar remains firm, rising against major currencies and emerging market currencies. US quarterly refunding completed successfully, with a slight downgrade in chances of a Fed hike next month. China's lending figures for July were unexpect...

2023-08-10 04:45:00 ET Summary Gold gained 3.1% in July to US$1,971 bringing the y-t-d return to 8.7%. August may not be as gold-friendly as it has been in the past, but there are good reasons as to why support for gold will establish itself later in the year. Outflows from gl...

2023-08-09 22:24:24 ET Summary Both nominal and real bond yields appear to be peaking across the curve, which is positive for gold, all else equal. However, the metal is already elevated relative to its fair value based on real bond yields and industrial metals prices, while the t...

2023-08-09 12:09:00 ET Summary Our new monthly report looks at the performance of iron ore, copper, aluminium and other industrial metals, and their outlook for the rest of the year. Plunging trade in July fuelled more concerns about China's growth prospects. Exports fell by 14.5%...

2023-08-08 10:45:00 ET Summary Like many central banks nowadays, the German central bank (“Buba”) is performing at a loss. A gold revaluation account (GRA) is an accounting item on the liability side of a balance sheet, part of net equity, that records unrealized gai...

2023-08-08 10:36:00 ET Summary Gold faces a number of scenarios with dollar strength, a possible recession, inflation, and the future path of interest rates all playing a role. Gold’s traditional status as a safe haven asset has seen its price briefly break through the $2,0...

2023-08-07 03:56:58 ET Summary Gold prices rise as weaker-than-expected US jobs report leads to decline in dollar and Treasury yields. Weakening dollar makes gold more affordable for holders of other currencies. Weekly standard deviation report suggests short-term trading oppo...

2023-08-02 12:00:00 ET Summary Q2 gold demand (excluding OTC) dropped slightly by 2% y/y to 921t, driven by a marked deceleration in net central bank buying compared to above-average purchases in Q2’22. Inclusive of OTC and stock flows, total demand strengthened 7% y/y to 1...