Gold, Silver & Other Precious Metals 19 (Oct 24 - Dec 26)

[winston]

Why investors can’t get enough of gold right now

Inflows reached US$21 billion in the first quarter.

Demand in China – the top bullion producer and consumer – has been one of the key drivers of gold’s ascent.

Central banks have been net buyers of gold for the past 15 years, but the speed of their purchases doubled in the wake of Russia’s invasion of Ukraine.

As the US and its allies froze Russian central bank funds held in their countries, it underscored how foreign currency assets are vulnerable to sanctions.

In 2024, central banks bought more than 1,000 tonnes of bullion for the third year in a row, according to the World Gold Council, and they hold around a fifth of all the gold that has ever been mined.

Source: Bloomberg

https://www.businesstimes.com.sg/wealth ... -right-now

[behappyalways]

Gold Tumbles On Near-Record Chinese Liquidations
https://www.zerohedge.com/commodities/g ... quidations


Indonesians queue overnight to buy gold amid economic uncertainty, but experts warn of risks
https://www.channelnewsasia.com/asia/in ... ty-5096191


June gold futures have been finding support the past week at the 3280 level. Wednesday evening (April 30), it is down to 3255, so that means the defenders of 3280 have run out of ammo (or inclination) to defend it. Now the stops are getting run.
https://x.com/McClellanOsc/status/1917745123930300793

[behappyalways]

We just experienced the first weekly outflow from gold since January
https://x.com/Mayhem4Markets/status/1918873083693109309


Which Countries Produce The Most Silver?
https://www.zerohedge.com/precious-meta ... ost-silver

[winston]

6 Reasons to Buy the Dip in Gold Now

by Chris Johnson

Source: Money Morning

https://tradesoftheday.com/2025/05/05/6 ... -gold-now/

[behappyalways]

Central banks have been an enormous source of demand for gold over the last several years, per Goldman
https://x.com/Mayhem4Markets/status/1919400254987760015

[behappyalways]

Wow! Gold funds are set for a record $85 billion of inflows in 2025
https://x.com/Mayhem4Markets/status/1924154713555059161

[winston]

Gold to Silver Ratio

https://www.silverbullion.com.sg/GoldSilverRatio

[winston]

vested in GLD

Gold seen maintaining upward momentum

by Zane Aw Yu Xuan

Trump’s “Madman” Strategy" Deliberately acting irrationally and unpredictably to gain leverage in trade negotiations and force concessions from trading partners.

Persistent weakness of the US dollar since mid-January this year. The US dollar had depreciated by 9 per cent year-to-date.

Concerns over the US fiscal outlook also supported gold’s appeal as a safe-haven asset.

Source: Business Times

https://www.businesstimes.com.sg/compan ... d-momentum

[behappyalways]

Now that's demand! Gold fund inflows could be set for their biggest year ever if they keep up at this pace
https://x.com/Mayhem4Markets/status/1929173581042266453

[behappyalways]

$100 bill weighs 1 gram.

1 gram of gold is $108
https://x.com/RyanMaue/status/1929699041270722865