The Shanghai Gold Benchmark PM (SHAUPM) in RMB stayed virtually unchanged in February while the LBMA Gold Price AM in USD saw a mild fall of 0.3%. However, both RMB and USD gold prices gained momentum in early March, refreshing…
International gold prices reached a new record high in early March, rising well above US$2,100/oz and increasing more than 6% m-t-d. Weaker economic data in the US, a decline in the USD, a fall in US Treasury yields, and geopolitical tensions…
Central banks added 39 tonnes (t) to global gold reserves in January Turkey and China again led the charge among buyers, while significant sales were virtually non-existent The themes underpinning central bank demand remain in play and have in some…
