Category: Gold News
American Gold Eagle Sales Up 30% Through June
Sales of American Gold Eagle Coins Remain At Elevated Levels Through June Through June 2016, American Gold Eagle Sales Are Up 30% Over Same Time Period Last Year After a […]
Eastern Gold Demand Wanes While Western Demand Surges
A Shift in Gold Demand From East To West in 2016 In 2015, India, China, Russia led the world in gold consumption. India imported over 900 tons of gold in […]
American Gold Buffalo Sales Up 95% in May
Sales of American Gold Buffalo Coins Soar In May Sales of American Gold Buffalo coins rose sharply in May. The U.S. Mint reported selling 18,500 one ounce 24K American Gold […]
Fatal Shooting of British MP Blamed On Brexit Leave Campaign
Brexit Campaign Highlights the Role Emotions Play in Political and Financial Decisions Emotional Triggers Last week the tragic stabbing/shooting death of British Member of Parliament Jo Cox brought an added […]
Perth Mint Gold Sales Steady In May
May 2016 Sales of Gold at the Perth Mint Flat Year Over Year. The Perth Mint sold 21,035 ounces of gold in May 2016. This was essentially flat from May […]
Sales of American Gold Eagles Spike 378% in May
Sales of American Gold Eagle Coins Soar in May Year Over Year After rising to the highest level since September 2015, in April, sales of American Gold Eagles continued their […]
Gold’s Industrial and Other Uses
A Decent Amount of Gold Each Year Goes to Serve Industry Gold is the only precious metal that is used almost exclusively as either a store of wealth or jewelry. […]
First Quarter Royal Canadian Mint Gold Sales Up 19%
Royal Canadian Mint Sold 212,600 Ounces of Gold in First Quarter of 2016 The Royal Canadian Mint (RCM) released its first quarter 2016 report two weeks ago, just a week […]
China Adds 11 Tons of Gold To Reserves in April
Chinese Central Bank Reports 1,808 Tons of Gold as Reserves Chinese Gold Reserves In April 2016, the People’s Bank of China added 11 tons of gold to its reserves. Since […]
Russia Continues To Add To Its Gold Stack In April
Russian Central Bank Adds Another 15.5 Tons of Gold To Reserves In April The Russian Central Bank announced last week that its gold reserves had reached 47.5 million troy ounces […]
Canadian Mint Gold Sales Rose 35% in 2015
Royal Canadian Mint Gold Sales Rebound in 2015 Gold Sales Last week, the Royal Canadian Mint (RCM) released their 2015 gold and silver mintages. Canadian Mint gold sales rose 35% […]
Perth Mint Gold Sales Surge 79% in April
April 2016 Sales of Gold at the Perth Mint Rise 79% Year Over Year. The Perth Mint sold 47,542 ounces of gold in April 2016. This was up 79% from […]
American Gold Eagle Sales Surge 296% in April
Sales of American Gold Eagle Coins Soar in April Year Over Year After dipping in in March, sales of American Gold Eagles came roaring back in April. The U.S. Mint […]
American Gold Buffalo Sales Spike 179% In April
Sales of American Gold Buffalo Coins Soar In April After falling 26% year over year in March, sales of American Gold Buffalo coins snapped back sharply, rising 95% in April […]
India’s War on Gold
Indian Gold Imports Plunge In March Indian Government Policies That Discourage Gold Imports and Physical Gold Ownership Factor in the Decline Yesterday we reported on the staggering increase in Indian […]
Russia’s Gold Buying Binge Continues In March
Russia Bolsters Its Balance Sheet With Gold Its been a rough past couple of years for the Central Bank of Russia as international sanctions and plummeting oil prices have taken […]
Chinese Gold and Foreign Reserves Increase in March
China Steadies Its Reserve Position in March Are Fears of a Chinese Slowdown Overblown? After months of declining foreign reserves, China’s foreign reserves grew in March from $3.20 trillion to […]
Austrian Mint Gold Sales Set Record in 2015
European Negative Interest Rates Spur Gold Sales at the Austrian Mint Austrian Mint Gold Sales Surged 215% in 2015 The Austrian Mint sold 1.3 million ounces of gold in 2015. […]
Perth Mint Gold Sales Rise 40% In March
March 2016 Sales of Gold at the Perth Mint Rise 40% Year Over Year. The Perth Mint sold 47,948 ounces of gold in March 2016. This was up 40% from […]
Germany’s Gold Repatriation Program
Germany Leads Central Bank Gold Repatriation Movement Germany, others request gold held on deposit in foreign central banks be returned For decades following World War II, Germany stored more than […]