World Gold Day – Sustained Growth in China’s Gold Market April 2024 marked another significant month for the gold market in China, showcasing a continued rise in both the Shanghai Gold Benchmark PM (SHAUPM) and the LBMA Gold Price AM. This persistent momentum highlights the robust investment demand which has notably offset the weaknesses […]
China’s Gold Market Trends: A Comprehensive Analysis of April 2024 Read More »
World Gold Day – A Look at Gold Investment Trends in India During the Festive Season As India celebrated the Akshaya Tritiya festival on Friday, May 10, 2024, gold investing demand in the country saw a significant uptick compared to last year’s festivities. The London benchmark auction, a crucial gauge for global bullion prices,
India’s Gold Investing Surges During Akshaya Tritiya Amid Global Price Rebound Read More »
World Gold Day – . China’s Growing Jewelry Market in 2024 Despite the attention often given to China’s younger generations and their increasing affinity for gold jewelry, it is the middle-aged and elderly populations that are poised to significantly boost the market in 2024. Recent data from China’s National Bureau of Statistics shows a
China’s Gold Jewelry Market: Surging Demand Among Middle-Aged and Elderly Populations Read More »
World Gold Day – Overview of Central Bank Gold Purchases in March 2024 Central banks continued their active participation in the gold market in March 2024, demonstrating sustained interest in the asset as a cornerstone of financial stability and confidence. According to the International Monetary Fund (IMF) and other public data sources, central banks
Central Bank Gold Buying Trends: A Deep Dive into March 2024’s Transactions Read More »
World Gold Day – Overview of Recent Gold Market Dynamics Gold prices saw a significant reversal in London trading on Thursday, May 2, 2024, stabilizing at around $2300 per Troy ounce. This change followed an overnight rally that temporarily added $30 to the price, sparked by the US Federal Reserve’s decision to maintain current
Gold Prices Stabilize After Federal Reserve Decision on Interest Rates Read More »
World Gold Day – Current Trends in Gold Prices As of Wednesday, May 1, 2024, gold prices are stabilizing around $2300 per Troy ounce, close to the three-week highs despite a downturn in Western stock markets. This stability occurs as the market anticipates the US Federal Reserve’s interest rate statement and press conference, expected
Insights into the 2024 Gold Market: Recycling Surges and Mining Output Predictions Read More »
