Chart usGOLD   Chart usSILVER  
 
Food for thought
Buy gold if you believe in math
Brent Johnson  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1245.98-0.73
Silver 17.39-0.03
Platinum 1263.251.75
Palladium 759.00-0.53
WORLD MARKETS
DOWJONES 1640027
NASDAQ 431658
NIKKEI 15042-69
ASX 530747
CAC 40 3991-42
DAX 8718-133
HUI 1914
XAU 791
CURRENCIES (€)
AUS $ 1.4528
CAN $ 1.4438
US $ 1.2797
GBP (£) 0.7916
Sw Fr 1.2064
YEN 136.7190
CURRENCIES ($)
AUS $ 1.1356
CAN $ 1.1282
Euro 0.7814
GBP (£) 0.6186
Sw Fr 0.9426
YEN 106.8290
RATIOS & INDEXES
Gold / Silver71.65
Gold / Oil15.33
Dowjones / Gold13.16
COMMODITIES
Copper 3.04-0.02
WTI Oil 81.30-0.08
Nat. Gas 3.66-0.01
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
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
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
10/21/2014
10/20/2014
10/20/2014
10/17/2014
10/16/2014
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