RSS Feed Market Updates

First-Quarter Demand for Gold Jumps 19% in China, 27% in India

Article Picture This doesn’t make it easy to understand for investors who bought gold stocks and have now seen them go down in price… But while the prices of gold stocks have pulled back significantly this year, demand for physical gold bullion has gone through the proverbial roof. The U.S. Mint had to halt the sales of its most-sold 1/10-ounce gold bullion coin. In Australia, the Perth Mint is working in overdrive to fill rising orders. The British Mint reports British consumers’ buying of gold has accelerated as well. In the first quarter of 2013, total demand for gold bullion from China amounted to 294 tonnes, as jewelry demand in the country increased by 19% from the same period last year. Bar and coin investment demand rose by 22% from the first quarter of 2012. (Source: World Gold Council, May 16, 2013.


Tag(s): Market Updates . . .

More News Related Articles

Markets # 30 - How George Topping Is Profiting from Copper Price Volatility
How George Topping Is Profiting from Copper Price Volatility
Markets # 18 - John Chambers Delivers, Big Investors Now Chasing Stocks
John Chambers Delivers, Big Investors Now Chasing Stocks
Markets # 50 - What Wal-Mart’s Same-Store Sales Say About the Economy
What Wal-Mart’s Same-Store Sales Say About the Economy
Markets # 19 - Brent Cook’s Primer on Reading Drill Result Press Releases
Brent Cook’s Primer on Reading Drill Result Press Releases

Investing

Investors Versus Traders: A Battle for Oil &

Article Picture The Energy Report: Looking back to your last interview with The Energy Report in November, you seem to have called the bottom in gas prices correctly. What's your view of where things are headed now?Robert Cooper: We expect a reasonably robust pricing scenario ahead. Here's why: In 2013, we will likely see flat natural gas supply growth; this will be the first year in the last several that this will be the case.

Personal Finance

Have a bank pay for your next vacation

Article Picture Last week I said there were a lot of simple ways to live a richer lifestyle, including plenty that don’t require investing money. Of course, the example I cited about buying a car to save money on another car was pretty extreme. So today I want to give you another idea.

Fixed Income

Bond Forecasts Coming True — in Aces and

Article Picture I’ve made no secret of my view on the bond market for the past several months … not here in Money and Markets, not in my flagship Safe Money Report newsletter, not in private conversations and public presentations, or anyplace else! Take my November 2012 issue of Safe Money.

Fund & ETF

Global X Launches U.S. SuperDividend ETF

Article Picture Global X SuperDividend U.S. ETF (DIV), launched 3/12/13, intends to track an index of 50 equally weighted common stocks, MLPs, and REITs that rank among the highest dividend yielding equity securities in the United States.  The underlying INDXX SuperDividend U.S. Low Volatility Index also restricts holdings to those that have paid dividends consistently over the last two years and have lower relative volatility than the market.

Related News