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Commodities Briefing - Categorized | Bullion/Gold, Market Pulse more

Is Europe running out of investment gold bars?

Posted on 25 April 2013

There an oddity about gold at the moment with phenomenal physical demand in Asia, U.S. and Europe, while the actual spot prices languishes. We have written before about the strange disconnect between paper and physical demand — with the former bearish yet the latter bullish — but rarely has there been such a clear divergence.
Over the last few days on we have run many stories about this … Dubai running short of physical, U.S. Mint selling out of smaller denomination bars, coins and bars flying off the shelves in India and China and queues outside leading gold sellers such as Degussa in Germany………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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