Tag: Gold Continuous Contract

Global gold investment down 60% in first half of 2021, report finds

Global gold demand declined in the first half of the year from the same period in 2020, as investment in the precious metal dropped by 60%, according to a report from the World Gold Council released Thursday. In the first six months of this year, world gold demand, excluding over-the-counter trades, totaled 1,833.1 metric tons, […]

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Gold prices notch a slight gain, but end below $1,800 for a second session

Gold futures logged a slight gain on Tuesday, but ended below closely watched $1,800-an-ounce mark for a second-straight session, holding ground near the lowest price in three weeks. The U.S. dollar traded with a “softer bias,” with gold holding to a tight trading range, ahead of Wednesday’s Federal Reserve announcement on monetary policy, said Chintan […]

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Why Basel III regulations are poised to shake up the gold market

New banking rules, part of a sweeping international accord known as Basel III, will come into effect on Monday and mark a big change for European banks and their dealings with gold — potentially altering the landscape for precious metal demand and prices. Like many reforms put in place over the past decade that aim […]

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