Thu, Aug 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Investment more

Precious metals hold steady, JPMorgan says buy gold

Posted on 22 August 2013

In a recent note, JPMorgan Chase explained that there are some positive seasonality factors coming into play with gold, and that physical gold demand still remains strong.
During the second quarter, demand for gold bars and coins reached a record high of 507.6 tons, up from 285.9 tons a year earlier and well above the five-year average of almost 300 tons, according to the World Gold Council. In the same period, demand for gold jewelry rose 37 percent to 575.5 tons — new multiyear highs………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36545 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31