Tue, Sep 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Trading more

Gold traders most bullish in month as buying surges: Commodities

Posted on 26 April 2013

Gold traders are the most bullish in a month after mints around the world said demand for bullion coins is surging and central banks added to reserves even as prices slumped the most in three decades.
Fifteen analysts surveyed by Bloomberg expect prices to rise next week, 11 were bearish and three were neutral. Sales of gold coins from the U.S. Mint are poised for the biggest month since December 2009 and the U.K. Mint said purchases tripled in April. Russia and Kazakhstan boosted reserves for a sixth consecutive month as stockpiles across central banks climbed to an eight-year high, International Monetary Fund data show………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36729 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930