Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain with Stocks
By: Chris Mullen, Gold Seeker Report

Spot Prices Are Falling, But Premiums Are on the Rise
By: Clint Siegner

GoldSeek Radio: Peter Hug and John Williams, and Chris Waltzek
By: radio.GoldSeek.com

Jack Chan's Weekly Precious Metals Market Update
By: Jack Chan

Golden Icing Now On The Cake
By: Stewart Thomson

What Do The Banks Know?
By: Craig Hemke

M2 and Gold Prices
By: Gary Christenson

Why the Next Silver Rally Will Be LIKE NEVER BEFORE
By: Theodore Butler

Gold and the Turning of Monetary Tides
By: Arkadiusz Sieron

$TNX: Curveball Update
By: Rambus

 
Search

GoldSeek Web

 
Who Is Buying Gold And Why? – Telegraph


 -- Published: Thursday, 14 April 2016 | Print  | Disqus 

Who is buying gold and why is the question posed by The Telegraph today:

Queen Elizabeth inpects gold

“After four years of sharp falls, a sudden revival has been taking place in the gold market.

In the first three months of 2016 the price of the yellow metal soared by 20pc – its best quarterly performance since the financial crisis erupted in the final three months of 2008.

The gold price, currently around $1,260 an ounce, is well below its record peak of almost $1,900 achieved in July 2011, at the height of the European sovereign debt crisis.

For investors who have missed out on the rally so far, the big question is: has gold turned a corner, suggesting that it will continue to rise, or will it crash back down to earth?

As gold pays no income, it is difficult to value. Therefore, unlike an individual share or stock market index, it is less clear whether the metal is cheap or expensive at its current price.

To assess whether gold’s resurgence is here to stay, it is important to look at who has been buying it – and their reasons for doing so.”

The Telegraph points out the merits of having an allocation of 5% to 10% as part of diversified investment or pension portfolios.

See article here


Gold Prices (LBMA)

14 April: USD 1,240.30, EUR 1,101.04 and GBP 874.96 per ounce
13 April: USD 1,245.75, EUR 1,100.37 and GBP 875.33 per ounce
12 April: USD 1,259.20, EUR 1,102.15 and GBP 880.18 per ounce
11 April: USD 1,247.25, EUR 1,095.84 and GBP 878.96 per ounce
8 April: USD 1,235.00, EUR 1,085.18 and GBP 877.33 per ounce

Silver Prices (LBMA)
14 April: USD 16.13, EUR 14.32 and GBP 11.39 per ounce
13 April: USD 15.98, EUR 14.14 and GBP 11.21 per ounce
12 April: USD 15.96, EUR 13.98 and GBP 11.15 per ounce
11 April: USD 15.56, EUR 13.66 and GBP 10.93 per ounce
8 April: USD 15.16, EUR 13.34 and GBP 10.78 per ounce

Mark O'Byrne
Executive Director

| Digg This Article
 -- Published: Thursday, 14 April 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2018



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.