Gold Rose 13.6% vs. the U.S Dollar in 2017. Gold’s 2017 price rise follows a 9.1% rise in 2016. 2017 price rise was gold’s best year since 2010’s near 30% increase. Gold price rise muted in other world currencies; down 1% vs the Euro. Silver rose 7.1% vs. the U.S. Dollar in 2017 but fell … Read More →
People’s Bank of China Added No Gold to Reserves in November. The People’s Bank of China has not added any gold to reserves since they were admitted to the SDR in October 2016. Total reported People’s Bank of China gold reserves stand at 1842.6 tonnes – same as October 2016. PBOC foreign reserves rose for … Read More →
Russian Central Bank Adds 900,000 Ounces of Gold To Reserves in November. Russia’s annual gold additions to reserves through November of over 214 tons is a record. Russian Gold Reserves Climb to 1828 tons, sixth behind the People’s Bank of China. Since June 2015, the Central Bank of Russia has added over 548 tons of … Read More →
Shanghai Gold Exchange Withdrawals Through November Total 1,845 Tons. Shanghai Gold Exchange Withdrawals rose 24.8% in November to 189.101 tons up from 151.541 tons in October. Shanghai Gold Exchange November withdrawals were down 11.9% from 214.718 tons withdrawn in November 2016. Watch the video companion of “Shanghai Gold Exchange Withdrawals Climb in November” Also watch … Read More →
The Perth Mint Sold 23,901 Ounces of Gold in November. November Perth Mint gold sales topped November U.S. Mint one ounce American Gold Eagle sales of 9,500 ounces. Perth Mint gold sales topped the U.S. Mint gold sales for the ninth month in a row. Gold sales at the Perth Mint in November 2017 were … Read More →
November Sales of American Gold Buffalo Coins down 93% from November 2016. U.S. Mint Sold 2,000 24K one ounce gold coins in November vs. 29,500 sold in November 2016. November American Gold Buffalo sales were down from October sales of 7,000. Total American Gold Buffalo and American Gold Eagle Sales were 14,000 ounces in November … Read More →
American Gold Eagle Sales Fall From October’s Mini Bounce. U.S. Mint sold 9,500 one ounce American Gold Eagles in November down from 11,000 sold in October. One ounce American Gold Eagle sales were down 93% in November from November 2016 sales of 129,000 Total number of American Gold Eagles sold in November were 23,500 including … Read More →
The National Bank of Kazakhstan Solidifies 17th Place Among Gold Holding Nations. Kazakhstan added 1.87 tons (60,000 ounces) of gold to reserves in October. Total Gold Reserves Stood at 292.0616472 Tons (9.39 million ounces) at end of October 2017. Kazakhstan added 36.1989 tons (approximately 1,163,820 ounces) of gold to reserves in 2016. Through October, Kazakhstan … Read More →
India imported 71.612 tons (2,302,379.26 ounces) of gold in October. Indian gold imports in October were down 17% from 86 tons imported in October 2016. October gold imports were up 77% from September’s imports of 40.482 tons. Watch the video companion to “India Imported Over 2.3 Million Ounces of Gold in October” or watch this … Read More →
Russian Central Bank Adds 700,000 Ounces of Gold To Reserves in October. Since June 2015, the Central Bank of Russia has added over 520 tons of gold to reserves. October’s 21.77243 ton gold addition bring Russia’s Central Bank holdings to 1800.89 tons; the sixth most of any nation, close behind the People’s Bank of China. … Read More →