GLTR News and Press, Aberdeen Standard Physical Precious Metals Basket Shares From 09/05/23

2023-09-05 21:00:00 ET Summary My estimate for China’s official gold reserves reached 5,029 tonnes by the end of June 2023. In the first six months of 2023, the Chinese central bank bought an estimated 353 tonnes. Although demand in H1 2023 was down 34% from H2 2022, de...

2023-09-02 02:50:00 ET Summary Silver has outperformed gold in recent weeks, with silver up 10% from its mid-August low compared to gold's 3% increase. COMEX turnover in silver has declined, indicating that the next price move is likely to be higher. Hedge funds have been sque...

2023-09-01 22:37:00 ET Summary Gold prices are moving higher following the latest batch of softer-than-expected US economic data, which has caused investors to trim bets on a Federal Reserve hike next month. China’s gold imports fell in June but ended the first half of the ...

2023-09-01 21:30:00 ET Summary Given the fact that equity valuations are so extreme and at such a precarious time in the economic cycle, it’s probably wise to maintain a defensive position in the markets. In fact, I would argue that it calls for maximally defensive position...

2023-09-01 05:30:00 ET Summary Oil prices have strengthened over the summer as fundamentals tighten. Natural gas prices have been volatile, with potential strike action in Australia leading to LNG supply uncertainty. Chinese concerns are weighing on metals, but grain markets a...

2023-08-31 04:28:00 ET Summary US$ gold price has retraced less than half of its up-move from its Q4-2022 low. The decline in the T-Bond price over the past four months and especially over the past month was not driven by changing expectations regarding inflation or the Fed’...

2023-08-29 13:20:00 ET Summary What higher rates could mean for oil and gold. Oil's rise and its impact on inflation. China's weakness continues to be a headwind for commodities. Fed Chair Jerome Powell is signaling he stands ready to raise interest rates again if in...

2023-08-25 05:30:00 ET Summary The NY Fed's yield-curve inversion model predicts a high probability of a recession in the next year, but risk premia in equity and credit markets do not reflect this. Junk credit spreads are vulnerable to a "violent repricing" and junk bonds are at ...

2023-08-24 22:06:00 ET Summary Gold rebounds as bond yields slip. What gold traders may want to hear at the Jackson Hole symposium. Will the Fed stick to its messaging at Jackson Hole? The price of gold has been benefiting from falling bond yields as investors focus ...

2023-08-18 23:30:00 ET Summary TIPS and gold are widely considered to be classic inflation hedges, but they couldn't be more different. TIPS look far more attractive than gold these days, since they are not only an inflation hedge but also a deflation hedge and a hedge against an ...