Perth Mint June Gold Sales Rise 49% From May Sales

Gold Sales at the Perth Mint in June 2016 The Perth Mint sold 31,368 ounces of gold in June 2016 flat year over year from 31,019 ounces sold in June 2015. Gold sales at the Perth Mint in June 2016 were up 49.1% from May 2016 sales of 21,035 ounces. Perth Mint vs. U.S. Mint Read More →

Shanghai Gold Exchange Withdrawals Fall in June

Shanghai Gold Exchange Withdrawals. Shanghai Gold Exchange June withdrawals were 138.5 Tonnes. June 2016 gold withdrawals were 29.2% lower compared to 195.672 tonnes withdrawn in June 2015. Through June 2016, withdrawals were 17% lower than 2015 withdrawals through June, but ahead of 2014 withdrawals through June. Hong Kong gold kilobar withdrawals were about 80 tonnes Read More →

People’s Bank of China Gold Reserves Grow 480,000 Ounces In June

The People’s Bank of China Added 480,000 Ounces of Gold to Reserves in June. Total reported People’s Bank of China gold reserves stand at 1823.27 tonnes. PBOC foreign reserves rose from $3.19 trillion in May to $3.21 trillion in June. PBOC Resumes Gold Purchases in June For the 12th month in a row, The People’s Read More →

Sales Of American Gold Buffalo Coins Robust in June

Sales of American Gold Buffalo Coins Stay Solid. U.S. Mint Sells 14,500 24K one ounce gold coins in June. The U.S. Mint sold 14,500 one ounce American Gold Buffalo coins in June, down 31% from 21,000 sold in June 2015. Sales of American Gold Buffalo coins were down 22% from 18,500 sold in May 2016. Read More →

American Gold Eagle Sales Remain Strong in June

U.S. Mint June 2016 American Gold Eagle Sales Report. The U.S Mint sold 62,500 one ounce American Gold Eagle Coins in June, unchanged from June 2015. Total ounces of gold attributable to all American Gold Eagle Coins including 1/10, 1/4/ 1/2 and one once coins were 73,500. June silver to gold sales ratio at the Read More →

Gold Priced In World Currencies – Second Quarter 2016

Gold Price in World Currencies Second Quarter 2016. Gold Closed the Second Quarter of 2016 Up Substantially Against All Major Currencies. Strong second quarter follows gold’s best quarter in thirty years. Gold vs. Major World Currencies in the Second Quarter of 2016. Gold Doesn’t Perform, it Endures. Here are some charts showing gold priced in Read More →

Gold Demand Shifts to the West – Podcast

Gold Demand In The West Soars. Gold Exports From Switzerland to London outstrip Swiss Exports To the East. Earlier in the Week Rory Hall from The Daily Coin held our bi-weekly gold and silver update call. This week we discussed gold demand in Russia, China and India and compared it to gold demand in the Read More →

HOLY COW! Gold Found In Cow Urine

Scientist Claim Gir Cow Urine Contains Traces of Gold. Researchers at Junagadh Agricultural University in Gujarat, India Strike Gold. Golden colored stream contains the real thing. This week traces of gold were found in the urine of the Gir cow by researchers at Junagadh Agricultural University in India. In the western Gujarat State of India, Read More →

Gold As Insurance – The Lesson of Brexit

Gold Acts as Portfolio Insurance and Protection Again Human Error. The Time to Buy Insurance is Before Disaster Strikes. “The time to repair the roof is when the sun is shining” President John F. Kennedy in his State of the Union Address in 1962. Gold and The Brexit Example. Last week’s Brexit vote was a Read More →