Chart usGOLD   Chart usSILVER  
 
Food for thought
To know how to wait. It is the great secret to success
Joseph de Maistre  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1282.460.00
Silver 20.35-0.03
Platinum 1456.751.00
Palladium 869.750.62
WORLD MARKETS
DOWJONES 16563-306
NASDAQ 4370-93
NIKKEI 15621-25
ASX 56238
CAC 40 4246-66
DAX 9407-186
HUI 234-5
XAU 99-2
CURRENCIES (€)
AUS $ 1.4391
CAN $ 1.4603
US $ 1.3389
GBP (£) 0.7926
Sw Fr 1.2167
YEN 137.6270
CURRENCIES ($)
AUS $ 1.0750
CAN $ 1.0907
Euro 0.7469
GBP (£) 0.5921
Sw Fr 0.9087
YEN 102.7910
RATIOS & INDEXES
Gold / Silver63.02
Gold / Oil13.12
Dowjones / Gold12.92
COMMODITIES
Copper 3.230.00
WTI Oil 97.73-0.44
Nat. Gas 3.83-0.01
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
Central Bank Gold Buying Highest Since 1964
Published : February 15th, 2013
164 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet
Keywords :   Central Bank | China | Gold | Gold Demand | Gold Market | Lead |

There will be more on this subject later in the day after I get a chance to read through the entire report, but the lead graphic from the World Gold Council’s latest Gold Demand Trends covering all of 2012 was clearly worth sharing here early on as the dark violet bars below are an important, ongoing story.

24hGold - Central Bank Gold Bu...

The cessation of gold sales by Western central banks a few years ago and the sharp increase in gold purchases by emerging market central banks (not including China since they’re not telling anyone how much gold they’ve acquired) have combined to be one of the most important trends in the gold market since the financial crisis.

Of course, there’s good reason for this. It seems that Western central banks have cranked up their printing presses in recent years in an effort to combat the after-effects of a financial crisis that, in the view of many, easy money policies over the years were a key factor in creating.

Data and Statistics for these countries : China | All
Gold and Silver Prices for these countries : China | All
Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Tim Iacono
All articles by
Tim Iacono
Next article by
Tim Iacono
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
MOST READ
TOP RATED
MOST COMMENTED
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Tim Iacono

Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
Tim Iacono ArchiveWebsiteSubscribe to his services
Most recent articles by Tim Iacono
7/31/2014
7/31/2014
7/30/2014
7/30/2014
7/29/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer