PHYS News and Press, Sprott Physical Gold Trust ETV From 07/10/24

2024-07-10 04:15:00 ET Summary Gold prices are supported by rate cut expectations and central bank buying. Gold ETFs see positive flows, suggesting bullish momentum. Fed Chair Powell’s testimony may cause short-term volatility but no direction. By Zain Vawda...

2024-07-09 10:05:00 ET Summary Recent rebound in WTI crude has remained below US$90/barrel, which in turn led to a softening of inflationary expectations via the breakeven rates. A further downward drift in the 10-year US breakeven rate may cause a further drop in the 10-year US T...

2024-07-09 09:30:00 ET Summary It has been surprising to look back since the start of 2024. Most Wall Street pros were conservative and projected we might see a 10-15% total return for all of 2024. Retail investors have been putting their investable assets into the market, with re...

2024-07-09 06:02:47 ET The estimated value of open interest across global commodity markets surged to a six-week-high, up by 2.6% week-on-week to ~$1.45 trillion as of July 5, primarily led by price-based gains across metals and grain and the oil seed markets, JPM Commodities Rese...

2024-07-09 05:30:00 ET Summary The gold-silver ratio indicates how many ounces of silver it takes to buy one ounce of gold given the spot price of both metals. The ratio remains historically high, meaning that silver is underpriced compared to gold, but there is some indication th...

2024-07-09 03:25:00 ET Summary To gain a comprehensive understanding of the mechanics of the gold wholesale market, it's essential to be familiar with its key building blocks: swaps, leases, and forwards. Gold leasing is basically the same as gold lending. In the gold wholesale ma...

2024-07-08 18:15:35 ET More on gold and gold miners Gold Monthly: The Bull Run Is Not Over Yet Gold Mid-Year Outlook 2024 GDX: Multiples And Margins Tell Us Something Important Read the full article on Seeking Alpha For further details see: Gold s...

2024-07-08 14:30:00 ET Summary Gold has surged more than 15% year-to-date, mostly on safe-haven demand amid the conflicts in Ukraine and the Middle East, as well as buying by central banks. Gold traded above $2,300/oz for most of the second quarter and recorded its third-straight ...

2024-07-05 17:55:36 ET More on copper and copper miners COPX: Poised For Gains As Copper Demand Surges The May Commodities Rally Comes To An Abrupt End CPER: New All-Time Highs In Copper And A Correction Read the full article on Seeking Alpha For furt...

2024-07-03 16:25:22 ET More on gold and gold miners GDX: Multiples And Margins Tell Us Something Important Can Gold Regain Its Rallying Ways After Recent Bouts Of Volatility? World Central Bank Demand For Gold Pushes Metal To New Highs Read the full article...