Monthly Archives: June 2019


Spot gold jumped 0.6% to $1,408.23 an ounce, heading for a fifth straight session of gains. Gold costs hit $1,410.78 on Friday, their greatest considering that early September, 2013. Gold rates have risen almost 8% so far this month, and more than $70 just over the previous week. Holdings of the worlds largest gold-backed ETF, SPDR Gold Trust, jumped 4.6% on Friday from a day earlier, its greatest one-day portion gain given that September 2008. Here is a short article about Gold pinned near 6-year top. , if you want to check out the initial article you can find the link at the bottom of this article. The U.S. Federal Reserve and the European Central Bank last week hinted that […]

Gold pinned near 6-year top as investors boost safe-haven bids


. Here is an article about Gold and Silver ratio as the Gold rose to 14-month highs recently. , if you desire to read the initial post you can find a link at the bottom of this post. Summary Need for silver declines when worldwide financial and industrial activity are slowing down rather than growing. In the Great Depression, gold held its value but silver did not. In my perspective, if you are looking for a leveraged method to play the gold cost rally, junior gold miners (GDXJ) are a better bet than silver. I also pointed to the difference in this vibrant between silver and gold in another post from the summertime of 2016, ” When Stocks Crash, Gold […]

Watch The Gold/Silver Ratio As The Gold Price Rallies


Danger reversals on gold (XAU/USD), a gauge of calls to puts on the yellow metal, increased to their highest level given that September 2011 on Monday, showing financiers are adding bets to position for more strength prolonged strength in the safe-haven metal. Here is a n article about gold danger turnarounds hit highest considering that 2011. If you wish to check out the original article you can discover the link at the end of this post. 1 year threat reversals (XAU1YRR) increased to 2.575 in favor of XAU calls. The positive number shows the demand or indicated volatility premium for calls alternatives (bullish bets) is higher than that for put alternatives. Rates rallied from $1,269 to $1,348 in the last […]

Gold risk reversals hit highest since 2011 on call demand


June 3 (Reuters) – Gold costs rose on Monday to their greatest in more than 2 months, with investors looking for haven in safe-haven possessions as increased Sino-U.S. trade stress and Washingtons threat of tariffs on Mexico stired worries of a worldwide economic crisis. Here is a post about gold costs strikes 2-month high. , if you desire to read the initial post you can find the link at the end of this post. . BASICS Area gold was up 0.5% at $1,311.15 per ounce at 0153 GMT, after touching its greatest given that March 28 at $1,311.44. U.S. gold futures rose 0.4% to $1,314.40 an ounce.U.S. DATA AHEAD (GMT). 0750 France Markit Mfg PMI May0755 Germany Markit/BME Mfg PMI […]

Gold Hits 2-Month High As Recession Worries Drive Safe-Haven Demand