Higher gold prices in the horizon

Posted on June 26th, 2010 by admin  |  2 Comments »

The Gold Fields Minerals Services (GFMS), London based metals consultancy, has said that the sale of scrap gold in India and the Middle East is lower this year compared to prior years. GMFS has analyzed that the India and the Middle East are sensitive regions where gold sales [...]

Central bank gold buying ramped up

Posted on June 26th, 2010 by admin  |  4 Comments »

The World Gold Council updated its World Official Gold Holdings in March 2010. This report contains the “official” records of gold holdings.  The report has raised some interesting issues, which are bullish for gold, especially regarding the central bank activity in the gold market.