gold demand
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Problem of Fake Gold Bars
You don’t need to be a conspiracy theorist to find this worrying: a 1kg gold bar, certified as 99.98% pure by XRF (X-ray fluorescence) tests, turns out to have been drilled out and largely replaced with tungsten. This bar was discovered only because it was 2 grams lighter than it ought to have been: the forgers failed to add quite... -
5 Key Takeaways of the Gold Market in 1H 2017
You may ask: - Is this a good time to buy gold? - Or, is this a good time to sell gold? - How do I assess the gold market today? For a start, I believe we must understand the relationship between demand, supply and prices of gold. They are interrelated. For instance, high demand and low supply of gold... -
Positioned for Gold
To all Malaysians, This is unprecedented. We are experiencing the greatest wealth transfer the world has ever seen. Interestingly, would you believe, if I say, our country is situated right at the heartbeat where this epic shift of wealth is taking place? Malaysia? Yes. Am I kidding? Nope. Today, as I write, gold is flowing in our direction. It is... -
India Gold Imports Said to Jump 582% on Festival, Wedding Demand
Gold imports by India are said to have jumped almost seven-fold in March from a year earlier as jewelers stocked up anticipating a demand recovery during the wedding season that began this month and the auspicious Hindu gold-buying day of Akshaya Tritiya. Shipments advanced 582.5 percent to 120.8 metric tons last month from a year earlier, according to a person...