GOEX News and Press, Global X Gold Explorers From 02/26/22

Gold fell like a lead balloon from its peak of 1980 all the way down below 1920 (178.85 GLD) and closed at 1904 (177 GLD). On a more optimistic note, Gold has been setting higher and higher lows and now has hit higher highs above 1880. Just like Gold peaked at 1980, Silver topped ...

Chinese gold demand will likely remain strong in 2022. Despite the strong performance of H1 2021, China’s GDP growth slowed in the second half. Gold bar and coin demand might be higher in 2022 than its pre-pandemic level. For further details see: China's Gold Mark...

Precious metal and mining stocks catching a bid after a dismal 2021. Geopolitical risks helped spark a breakout on the yellow metal. Light investor positioning and reasonable valuations make a compelling case to own gold miners in the near term. For further details see: ...

Gold has broken out to the upside. Silver is lagging Gold so far. The action in both metals and miners is encouraging. For further details see: Gold Breaks Out To The Upside

According to the Census Bureau’s latest report for the month of January 2022, seasonally adjusted sales by mostly online operators skyrocketed by 14.5% from December 2021. Census reported a huge increase in retail across most segments. Total retail sales were up an enormous 3.7...

Industrial production jumped 1.4 percent in January. This was led by an increase in utility output, which surged 9.9 percent for the month, with natural gas up 24.2 percent and electric up 7.6 percent. Manufacturing output - about 74 percent of total output - posted a modest 0.2 perce...

Gold has been resilient at the $1800 level, even with China closed for this week in observance of the Lunar New Year. Premiums for sovereign minted silver bullion coins have risen considerably over the last few weeks. The Fed will eventually have to reverse its monetary policy sta...

Rate hike expectations soared. The dollar has completely erased its gains and then some. Despite the volatility today, the risk of a deflationary event is rising, which would see peak everything. For further details see: Volatility Spikes, Deflationary Event Pending?

U.S. interest rates, the U.S. dollar, and the U.S. Federal Reserve remain gold’s dominant drivers. One of the defining characteristics of the lackluster gold market of the past year has been redemptions from gold bullion exchange-traded products. The realization of an econo...

Annual demand recovered across virtually all sectors – the notable exception being ETFs, which saw net annual outflows. Full year 2021 gold demand (excluding OTC) increased to 4,021t, propelled by Q4 demand which jumped almost 50% to a 10-quarter high. Bar and coin investme...