Monthly Archives: March 2019

The disaggregated data revealed that money managers cut their gross shorts by 12,452 lots. The variety of brand-new longs increased by a modest 616. We found this article at https://www.kitco.com/news/2019-03-25/Fund-Managers-Increase-Bullish-Posture-In-Gold.html By: Allen Sykora ” Indeed, the Fed provided a substantially more dovish message than the marketplace anticipated as it eliminated a walking this year. This triggered a relief rally, but no surge into a continual breakout.” ” Money supervisors aggressively covered their short gold positions and took out brand-new long exposure as they anticipated the FOMC to sound a dovish tone,” said TD Securities. 30,500 agreements in the week to 19 March, according to the CFTCs statistics,” said Commerzbank. “In our opinion, this more paves the way for gold as […]

Fund Managers Increase Bullish Posture In Gold

 in Gold Market & Economics  tagged CFTC / Fund Managers / gold market / Gold Prices / market / U.S. dollar by
Taking a look at the gold market, BoAML stated that gold is ending up being an attractive reserve option as the U.S. dollars impact weakens. Here is a post about Gold rates benefiting as Reserve banks de-dollarize. If you wish to check out the original short article you can find the link at the end of this post. Main banks have been net buyers of gold for the last 9 years, their role in the gold market has come into sharper focus after an overall of 651.5 tonnes of the yellow metal was bought in 2018, the most substantial increase in approximately half a century. ” Adjusting to brand-new economic realities, and increasing significance of China, the ECB just recently […]

Gold Benefiting As Central Banks De-Dollarize – BoAML

 in gold / Gold Market & Economics  tagged BoAML / Central Banks / economics / gold market / gold price / U.S. dollar / USD / World Gold Council by
” We saw a surprisingly weak non-farm jobs number that pushed the dollar and the U.S. stock exchange, which in turn supported the rally in gold,” stated Jim Wyckoff, senior analyst at Kitco Metals. “Gold is going to be influenced by the dollar index.” Here is a post about gold price breaches $1,300 mark. If you wish to see the initial article you can find the link at the bottom of this post. While Fridays report from the Labor Department did have a few intense areas, such as dip in the unemployment rate and an upward modification to December and January data, it did indicate the U.S. economy is slowing, supporting the Feds “client” method toward rates of interest walkings […]

Gold breaches $1,300 mark as weak US jobs data dents ...

 in gold / Gold Market & Economics  tagged economy / Gold Prices / Gold Prices Higher / market / U.S. Jobs data / U.S. Stock Market by
. Apart from signals we get from market indications, one would also succeed to consider a number of recent occasions and their likely effect on gold prices down the road. Regardless of the truth that gold basics are still not unequivocally bullish, there are signs that financiers are significantly responsive to the idea of purchasing some gold for insurance coverage functions. Here is god article about where do things stand in gold market today? , if you wanted to read the initial post you can discover the link at the end of this post. As long time readers know, over the past year or two, we have actually typically mentioned that the macroeconomic motorists of the gold rate were not […]

The Gold Debate – Where Do Things Stand In The ...

 in gold / Gold Market & Economics  tagged eonomics / gold index / gold market / gold news / Gold Prices / JSE Gold Index / USD by