Tag Archives: gold demand

In a Burning Building with Copper, New Housing Starts, and the Labor Participation Rate Falling All Around Us

The price of copper has fallen by more than 13% since May and hit a 5 year low last week. You might be wondering, what does copper have to do with gold? As we mentioned back in January, when copper … Continue reading

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U.S. Mint Reports 250% Spike in American Eagle Sales as U.S. Consumer Gold Demand SKYROCKETS

The U.S. Mint released its sales numbers on Monday of this week indicating that purchases of American Eagle gold coins took off like a firework last month, rising by more than 250% for the month of June.   As the … Continue reading

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Why Right Now is the Best Time of the Year to Buy Gold

If you follow the day to day price fluctuations of gold, then you know that it usually shifts up or down a few dollars per day based on the latest economic data or geopolitical news. Sometimes it trends up or … Continue reading

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“Tremendous Demand” Leads U.S. Mint to Sell Out of Silver Coins

As we reported earlier this week, the low price of gold and silver has led to coin buying-sprees around the world as collectors scramble to snatch up coins at bargain prices. The U.S. Mint issued a memo to authorized coin … Continue reading

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India Cuts Gold Import Tariff by 2.5%, Silver 4%

The government of India announced over the weekend that they would finally reduce long-held tariffs on gold and silver imports. As of November 1, the new rates are $391 per 10 grams of gold and $551 per kilogram of silver. … Continue reading

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India’s Finance Ministry Seeks to Increase Gold Import Restrictions

As we reported last week, India’s gold imports for the month of September were FIVE TIMES what they were for 2013, causing a massive spike in the trade deficit for the country.  This dramatic increase in gold demand has led … Continue reading

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Actual Chinese Gold Demand for 2013 is Double World Gold Council Numbers

Despite all of the reports from the World Gold Council that the yearly gold demand in China was falling, the Chairman for the Shanghai Gold Exchange let it slip in a recent speech that last year, the consumer demand for … Continue reading

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