SGOL News and Press, Aberdeen Standard Physical Swiss Gold Shares From 11/14/23

2023-11-14 17:45:07 ET Gold futures jumped by the most in nearly a month on Tuesday, after tamer than expected U.S. inflation data raised hopes that the Federal Reserve may be done hiking interest rates. U.S. consumer prices came in flat in October , and the CPI rose just 3.2% in ...

2023-11-14 11:06:55 ET Summary Evidence shows that commonly cited fundamental drivers of gold's price such as inflation, the dollar, and Fed Policy are on shaky ground. The Socionomic Theory of Finance tells us sentiment drives gold prices. A review of gold trader positioning ...

2023-11-14 02:41:00 ET Summary Multiple large central banks are currently operating at a loss while public debt levels are elevated. A GRA is an accounting item on the liability side of a balance sheet that records unrealized gains of gold assets. GRAs can recapitalize central...

2023-11-14 01:45:00 ET Summary Gold had a strong October, trading above $2,000 per ounce. While gold stocks continued to lag gold, we believe a possible sector re-rating may reverse course and provide support to gold companies. Gold traded at a monthly low of $1,820 per ounce on O...

2023-11-13 07:48:15 ET Summary Gold prices retreated from the $2,000 per ounce threshold due to a lack of market-moving events. Traders and investors locked in profits and exited long positions, resulting in a net selling trend. Gold prices faced significant declines, shedding...

2023-11-11 01:00:00 ET Summary This week, gold and silver extended their correction of October’s sharp rise. In European trade this morning, gold was $1953, down $24 from Last Friday, and silver was $22.54, down 66 cents. Open Interest in both Comex contracts has been on th...

2023-11-10 17:15:18 ET More on gold and gold miners Gold Stocks: The Time Is Now Why It's A Mistake To Confuse Gold As An Investment Opportunity Buy Gold, Not The Gold Mining Stocks, If You're Expecting A Recession For further details see: Gold slumps to ...

2023-11-09 23:15:00 ET Summary Markets have been tranquil in the last couple of days, with the lack of any major data causing stocks to drift higher, extending their recent trend, while the dollar has drifted back higher. Precious metal bulls must be frustrated by signs of weakeni...

2023-11-09 06:10:00 ET Summary The PBoC is in a hurry to buy enormous amounts of gold, indicating it’s preparing for substantial changes in the dollar-centric international monetary system. Based on information from industry sources and my personal calculations, total gold ...

2023-11-09 05:05:00 ET Summary Gold gained 6.8% in October, reversing an early-month slump to finish at US$1,997/oz, the highest ever monthly close for the LBMA PM price. Despite positive flows in futures, global gold ETFs saw another month of outflows (-US$2.2bn, -38t), two third...