Gold Demand Trends Q1 2024

Q1 gold demand slipped 5% y/y to 1,102t, due to continued ETF outflows. Central banks and OTC drove price. Total gold demand increased 3% in Q1 – the strongest first quarter since 2016. The LBMA gold price averaged a record US$2,070/oz in the first quarter. Technology demand for gold recovered 10% in the electronics sector.

Is The Comex Showing An Impending Price Spike In Silver?

April is a major delivery month in gold and silver. The CME Comex data suggests there is a lot of interest in physical silver right now. The data is looking similar in silver this month. The Comex report last month showed strength in gold before a pullback in the price.

Navigating The Gold Market Storm: Geopolitical Strains, Fed Anxiety, And Economic Swings

Gold: Will It Keep Its Shine?

Gold prices are surging to record levels amid a complex global economic backdrop. With its low correlation to equities and ability to help mitigate recessionary and inflationary pressures, gold's attractiveness is underscored by robust demand from emerging market central banks. Recently, gold prices reached all-time highs despite a rally in risk assets and a stronger U.S. Dollar. Gold is shining as a potential diversifier within multi-asset portfolios.

Gold Market Update

Gold recently became extremely overbought in momentum terms against all major fiat currencies. The probability is high that the gold price has either just set a multi-month price top or will soon do so. The euro, the Yen, the Swiss franc, and the Canadian dollar recently became as stretched to the downside relative to gold as they have been in 15 years.

Mainstream Fund Managers Jumping On The Gold Bandwagon

Big money managers are starting to jump on the gold bandwagon as inflation worries grow. Over the last few weeks, gold held its ground despite a strong dollar and rising bond yields. 83 percent of big fund managers are now long precious metals. The Federal Reserve isn’t winning the inflation fight.

Gold And Bitcoin Rallies Vs. U.S. Dollar Strength

Bubble Up: The Everything, Everywhere Bubble

Home Market Outlook Economy Analysis Bubble Up: The Everything, Everywhere Bubble. Investors face a challenging landscape with fiscal dominance pushing bond yields and inflation. Rising interest rates aim to curb inflation but can hurt stock valuations and bond prices. We are in the euphoria phase of an AI bubble.

Don't Fight The Central Banks, Consider Buying Gold

Gold has performed strongly in 2024 despite inflation and high interest rates, challenging historical norms. Central banks have been buying gold in droves. Investors are turning to "real" assets like gold as hedges against political uncertainty, war, and recessions. Investors should not fight the central banks, consider buying gold.

Signs Of Life In Global Resources

Why Is The Gold Rally Leaving Silver Behind?

What Iran's Attack Means For Commodities

Reflation Trade Is The New Bullish Narrative

Does The Rally In Gold Still Have Room To Run?

The Role Of Gold In Turbulent Times

Gold can function as both an inflation hedge and an appreciating asset during periods of low real interest rates. Inflation impacts various asset classes differently, but the critical factor for gold is real rates adjusted for inflation. Gold's price rise amid inflation is not solely due to its role as a safe haven.

Financial D-Day And The Rise Of The Gold Vigilantes

The U.S. Government is spending at levels typically only seen in a recession or financial panic. The national debt has ballooned to over $34 trillion. Annual interest payments on the debt are now topping $1 trillion. March 1st, 2024 could be a historic day for gold prices. Gold prices have soared from $2,000 per ounce to over £2,300 per ounce.

Gold's Battle Royale: Inflation Vs. Interest Rates

Consumer Price Index rose by 3.5% in March, exceeding expectations and raising concerns about the economy. Inflation pressures persist, casting doubt on the Federal Reserve's plans to lower interest rates in June. Some economists are now expecting rate cuts to start in July and September. Gold has historically been considered a safe haven in times of inflation.

Tighter Fundamentals And Geopolitics Are Pushing Commodities Higher

Home Market Outlook Commodities Tighter Fundamentals And Geopolitics Are Pushing Commodity Prices Higher. Oil market tightens as geopolitical risks grow. Europe exits winter with record natural gas storage. Copper is trading at its highest since the middle of 2022.

Gold Market Commentary: What's The Bull Case At An All-Time High?

Gold prices scaled new heights in March, finishing 8.1% higher at US$2,214/oz by the end of the month. Gold had a strong March, as futures investors and green shoots from US gold ETFs helped drive prices to new all-time highs. The fundamentals underpinning the current rally include growing geopolitical risk, steady central bank buying and resilient demand.

With Gold At New Highs, Miners Consider More Than Price

Gold closed at an all-time high in March; a disciplined, cautious approach to acquisitions may bode well for gold equities. Gold has the potential to trade above the $2,000 per ounce level in 2024. A rising gold price environment has historically been accompanied by strong performance by gold stocks.