Gold and Silver Bullion coins and bars investment - news, charts, prices, facts and figures

Global gold supply in deficit this year, even more so next

In a previous article we have already shown that Indian and Chinese gold demand between them currently account for annual gold consumption levels of perhaps as much as 3,100 tonnes, roughly equivalent to global new mined gold production as recorded by the World Gold Council (3,115 tonnes over the 12 months to end September).


Gold Futures Gain as Dollar Falls From Five-Year High

Gold futures gained for the second time in three sessions as the dollar fell from a five-year high, boosting demand for the metal as an alternative investment.


Bullion Price Movement

Spot Prices as of close of trading in New York

Wednesday, November 26, 2014


Gold may see ‘decent recovery’ to $1,400

Gold futures wavered around the break-even mark Monday, largely holding on to Friday’s gains that were sparked by central-bank news from China and Europe. Despite gold’s lackluster moves over the past several months, at least one analyst speculated that the yellow precious metal may recover to $1,400 an ounce by 2016.