Previous 10 | Next 10 |
Central Banks were sellers of gold around the turn of the century, with the price of the precious metal below $300 per ounce. The Bank of England sold half of the United Kingdom's gold reserves via an auction that pushed the price to a low of just over $250 in August 1999. After a double-botto...
From analyzing SGE premiums, the gold price and cultural trends, my conclusion is that the PBoC did not block 300-500 tonnes of gold from being imported in 2019, as was reported by Reuters. In August 2019, an article by Reuters - stating the Chinese central bank was firmly cutting off go...
Introduction The past year has seen gold start 2019 at sub $1300/Oz and it closed the year at around $1525/Oz, registering an increase of 17%. Overall, it wasn't a bad year for Gold Bugs so we can now turn our attention to 2020 which has kicked off in rather lackluster manner as the chart ...
We need to pay attention to various signals of excess leverage, excess liquidity, absence of notion of risk, and greed, Etienne de Marsac, Head of Absolute Return at Sunny Asset Management, told Real Vision's The Interview. de Marsac said that, while the central banks have been extrem...
Geopolitical Events Support Gold Gold started the year driven by risks associated with geopolitical events. On January 3, a U.S. drone attack on an Iranian general in Iraq led to a retaliatory strike by Iran on a U.S.-Iraq military base on January 8. This enabled gold to briefly reach the $1...
Annual gold demand dips to 4,355.7t Gold demand fell 1% in 2019 as a huge rise in investment flows into ETFs and similar products was matched by the price-driven slump in consumer demand. The net result was a marginal 1% decline in annual demand to 4,356t. Global reserves grew by ...
It is hard to believe that back in the early 1980s, a US 30-Year Treasury Bond offered an almost 20% yield. In the days when inflationary pressures were roaring, a $100,000 investment in a US Treasury bond paid the holder a coupon of $20,000 each year over the thirty-year life of the fixed inc...
For the third year in a row, the Turkish Mint has produced more gold coins than the U.S. Mint. In the international English-speaking gold community, the U.S. Mint is often regarded as the largest mint globally in terms of gold coins produced (measured by weight). Western media regularly rep...
By Jesy Beeson During geopolitical events, market participants turn to CME Group futures and options in larger-than-usual numbers to manage the risk posed by the changing investment climate. The impact of such events can be seen in short-term impacts to prices of equities, particularly E-m...
Gold and silver have been around as means of exchange or hard currency for a lot longer than all of the currencies issued by governments as legal tender. The instruments that trade in the global foreign exchange market have the backing of the full faith and credit of the countries that print t...
News, Short Squeeze, Breakout and More Instantly...
VelocityShares 3x Long Gold ETN Linked to the S&P GSCI® Gold Index ER Company Name:
UGLD Stock Symbol:
NASDAQ Market:
NEW YORK , June 22, 2020 /PRNewswire/ -- Credit Suisse AG announced today its intention to delist and suspend further issuances of the following Exchange Traded Notes (the "ETNs"): Only the ETNs listed in the table above are affected by this announcement. For purpose...