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| RATIOS & INDEXES |
| Gold / Silver | 62.76 |
| Gold / Oil | 14.01 |
| Dowjones / Gold | 11.41 |
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 | Articles related to World gold council |  |
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 | Jesse - Le Café Américain |
 Marking the Field: US Stated Gold Reserves and Gold Held at the Fed - World Gold and Gold Swaps |
| The US Treasury says that it holds 261,499,000 fine troy ounces in its international reserves.
The gold is valued on the books at $42.2222 per fine troy ounce. This represents a total value of $11,041,063,078.
Since there are 32,150.7466 troy ounces in a tonne, the US Treasury has 8,133.53 tonnes of fine gold on its books. Note that the number as presented on a copy of the official US Treasury statement shown below includes 'gold swaps.'
A discussion of the procedures and nature of gold Saturday, May 18, 2013 |
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 | Jan Skoyles - The Real Asset Co |
| Unveiling the gold market’s working parts |
| On the 12th and 15th April gold fell victim to a price smash.
Why this happened is something which is open to much analysis and theorising. For the mainstream media it was down to an improving global economy and the need to hold gold no longer existed, for those in the world of gold investment this was perhaps down to more of the politics behind the gold-market than the economics.
On April 12th 3.4 million ounces (100 tonnes) of gold was sold in the US futures markets. This was just for startersSaturday, May 18, 2013 |
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 | Przemyslaw Radomski CFA - SunshineProfits |
| Bullish Picture for the USD and Stocks and Its Implications for Gold and Silver |
| The latest World Gold Council Gold Demand Trends report shows that the gold market is driven by diverse global demand, and the appetite for owning gold jewelry, bars and coins continues to grow.
“The price drop in April, fuelled by non-physical moves in the market, proved to be the catalyst for a surge of buying that has left many retailers short of stock and refineries introducing waiting lists for deliveries,” said Marcus Grubb, Managing Director of Investment at the World Gold Council. “WhatSaturday, May 18, 2013 |
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| Bullion Vault |
| Surge in Retail Gold Demand "Outweighed by ETF Selling" as Far East Premiums Hit New Hig |
| London Gold Market ReportGLOBAL GOLD prices fell further at the start of London trade on Thursday, hitting new 1-month lows beneath $1370 per ounce but leaving gold bars traded in East Asia at record-high premiums."[Western] investors appear to be tired of gold as a safe haven," says Mitsubishi analyst Jonathan Butler, quoted by Reuters, because "they anticipate the end of loose monetary policies, possibly by the end of this year or maybe early next year."With US consumer price inflation data duThursday, May 16, 2013 |
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 | Mark O'Byrne - gold.ie |
| Gold Demand Remains Strong As Buying Records Continue To Tumble |
| Today’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce.
Yesterday’s AM fix was USD 1,412.25, EUR 1,094.51 and GBP 926.67 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $32.70 or -2.29% yesterday to $1,392.70/oz and silver slid to $22.50 and finished - 3.55%.
There are no surprises in the latest World Gold Council Gold Demand Trends report other than the fact that statistics show global demand for gold in Q1 2013 was on the increase before the COMEX raid on April 15tThursday, May 16, 2013 |
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 | Chris Powell - GATA |
| What a 'bear market'! India's gold imports seen topping 100 tonnes for second month |
| By Prabhudatta Mishra
Bloomberg News
Wednesday, May 8, 2013
http://www.bloomberg.com/news/2013-05-08/gold-imports-by-india-seen-topp...
NEW DELHI -- Gold imports by India, the world's largest consumer, are set to exceed 100 metric tons for a second month in May as jewelers rush to beat central bank curbs on overseas bullion purchases by banks, a refiner said.
The biggest slump in gold prices in more than three decades on April 15 spurred banks, traders, and jewelers to import more than 100 tons Wednesday, May 08, 2013 |
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| Mark O'Byrne - gold.ie |
| India Aims to Restrict Gold Imports As China Breaks New Records |
| Today’s AM fix was USD 1,454.00, EUR 1,108.74 and GBP 939.09per ounce.
Yesterday’s AM fix was USD 1,463.00, EUR 1,118.67 and GBP 941.74 per ounce.
Cross Currency Table – (Bloomberg)
Gold rose $17.90 or 1.22% yesterday to $1,452.00/oz and silver finished down 0.29%.
The Reserve Bank of India issued a set of guidelines last week increasing restrictions on gold imports. According to UBS precious metals research they targeted the following areas:
1.To decrease gold imports, they aim to restrictWednesday, May 08, 2013 |
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 | Julian D. W. Phillips - Gold Forecaster |
| Gold & Silver Market Morning |
| Gold Today - Gold closed in New York at $1,469.90 up $0.70 in New York yesterday.In Asia, gold fell $11 to $1,458. London pulled it up to $1,464 before it Fixed at $1,463 and in the euro at ?1,118.673 while the euro was at ?1: $1.3078. Ahead of New York's opening it stood at $1,464 and in the euro at ?1,115.68. Silver Today - Silver closed at $24.00, in New York yesterday. Ahead of New York's opening silver stood at $23.83.Gold (very short-term)The gold price will continue to consolidate with a Tuesday, May 07, 2013 |
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 | Scott Wright - Zealllc |
| Gold-Mining Margins 3 |
| Gold mining is a very tough business.Not only is it highly capital-intensive and chock-full of environmental risks, its revenues are entirely at the mercy of a volatile commodity.It requires some serious mettle to succeed mining gold.But despite super-high barriers to entry and the countless risk factors that come with mining, the world needs gold, and somebody's got to produce it.And believe it or not, a lot of money can be made in this business.At a high level gold mining is like any other busMonday, May 06, 2013 |
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| Chris Powell - GATA |
| Ambrose Evans-Pritchard: Italy should use gold reserves to change EMU policy |
| By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, May 2, 2013
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100024392/it...
The World Gold Council has advised Italy to deploy its 2,000 tonnes of gold to break free of European Monetary Union austerity dictates.
By using the reserves -- the world's fourth largest -- to collateralise the first chunk of any losses for bondholders, Italy could raise E400 billion or so on the capital markets and determine its own future for a wFriday, May 03, 2013 |
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| Bullion Vault |
| Shanghai's Gold Premium "Crashes" as China Returns from Labor Day, ECB Cut Buoys Euro |
| London Gold Market ReportLONDON PRICES for gold and silver both ticked higher Thursday morning, recovering half of Wednesday's 2.4% and 4.6% falls respectively.European stock markets reversed earlier losses and commodities also bounced after the European Central Bank decided - as widely expected - to cut its key interest rate to a new all-time low of 0.5%.Priced in the Euro both gold and silver were little changed as the single currency bounced back towards yesterday's 2-month highs."The ChineseThursday, May 02, 2013 |
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| Mark O'Byrne - gold.ie |
| “They Don’t Want Certificates, They Want the Real Product” - CME President on Gold |
| Today’s AM fix was USD 1,469.50, EUR 1,113.60 and GBP 942.95 per ounce.
Yesterday’s AM fix was USD 1,472.75, EUR 1,126.13 and GBP 950.04 per ounce.
Gold climbed $5.60 or 0.38% yesterday to $1,476.00/oz and silver finished down 0.27%.
Cross Currency Table – (Bloomberg)
In a remarkably candid interview, the President and Executive Chairman of CME Group Inc, Terrence Duffy, told Bloomberg TV that today gold buyers "don’t want certificates ... They want the real product".
When asked by CristinaWednesday, May 01, 2013 |
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| Chris Powell - GATA |
So where's all the gold coming ...  |
| Observing the recent smash in the paper gold market, our friend S.S. asks whether it may signify that Western government gold reserves, particularly U.S. gold reserves, are a lot larger than reported, or if world gold holdings generally are a lot larger than estimated, so much so that gold price suppression can continue for decades or centuries. He cites the famous story about the supposed hoard of looted Asian gold amassed by Japanese Army Gen. Tomoyuki Yamashita during World War II, a hoard soMonday, April 29, 2013 |
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 | Mike Maloney - Goldsilver |
The Last Time Gold Dropped This Much  |
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As recently as April 15th of this year, gold plunged $144 an ounce in its“biggest two-day decline since 1983,” totaling a 14.9% drop in price. However, the speed of gold’s most recent price drop is not rare. As Dr. Ron Paul explained on Bloomberg, “in the 1970's… it went from $35 to $200 rather rapidly, and then it lost 50%. Then it went up to $800.” Paul continued:
“To compare a couple of months or a couple of weeks andSaturday, April 27, 2013 |
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 | Charleston Voice |
| International Gold Reserves by Country, Holdings by Central Bank (gold bullion percent, |
| This is all nice to know if the world can trust their politicobanker leaders. Glaringly missing is where are the governments that have been entrusted with the safe custody of this physical gold? [London, Canada and NY excused, of course] Can we please see the physical audits? Just a common courtesy to allay suspicions, of course. Thank you.
International Gold Holdings by Central Bank (countries)
Between 2013 and 2012 net additions made by Turkey +180.5, Russia +74.5, Korea +30
Saturday, April 27, 2013 |
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| Mark O'Byrne - gold.ie |
| Mints, Refineries, Brokerages Out Of Stock - COMEX Gold Inventories Plummet |
| Today’s AM fix was USD 1,462.25, EUR 1,123.43 and GBP 947.79 per ounce.
Yesterday’s AM fix was USD 1,446.50, EUR 1,107.07 and GBP 937.64 per ounce.
Comex Gold Inventory Plummet
Gold climbed $33.90 or 2.37% yesterday to $1,464.30/oz and silver surged +4.83%.
Gold has surged 4.9% in dollar terms so far this week and is headed for its biggest weekly gain in one-and-a-half years. Gold has recovered in all currencies and is up by 4.8% in euro terms and 3.7% in sterling terms.
Therefore, gold has Friday, April 26, 2013 |
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