The China Gold and Precious Metals Summit 2016, the 11th Summit convened by the China Gold Association and the Shanghai Gold Exchange took place on December 7th and 8th and GoldCore presented at the event and moderated an expert panel discussion.
China Gold and Precious Metals Summit 2016 – Panel Discussion with Stephen Flood
China’s leading gold conference was attended by over 250 gold industry professionals from across the value chain including mining companies, refiners & fabricators, bullion dealers, government and private mints, exchanges, investment & bullion banks, brokerage firms, money managers, trading houses, jewelers, consultancies, service providers, policymakers and central banks.
The conference highlighted innovation in the gold industry and market, the opening-up of China’s gold market, the implications for China’s gold industry from the country’s Belt and Road Initiative and RMB internationalization strategy, price trends and supply & demand outlook for gold, silver and platinum group metals amidst growing uncertainty sweeping wider financial markets, a scaling back of expectations for further rate hikes from the Fed and rising concerns over moves towards negative interest rates.Presentation Slide
Stephen Flood, GoldCore CEO gave a presentation entitled ‘Gold and Silver Prospects in an Uncertain Global Currency Market‘
Topics covered:
1. USD
2. DEBT
3. GEO-POLITICS
4. GOLD IS A HEDGE
The presentation can be Viewed Here
(Image Source: CalculatedRiskBlog.com)
Gold Prices (LBMA AM)
21 Dec: USD 1,134.40, GBP 919.20 & EUR 1,091.07 per ounce
20 Dec: USD 1,132.75, GBP 915.94 & EUR 1,090.84 per ounce
19 Dec: USD 1,137.60, GBP 913.15 & EUR 1,089.14 per ounce
16 Dec: USD 1,134.85, GBP 911.17 & EUR 1,084.80 per ounce
15 Dec: USD 1,132.45, GBP 904.37 & EUR 1,080.70 per ounce
14 Dec: USD 1,160.95, GBP 917.38 & EUR 1,091.99 per ounce
13 Dec: USD 1,157.35, GBP 911.18 & EUR 1,090.80 per ounce
Silver Prices (LBMA)
21 Dec: USD 16.03, GBP 12.96 & EUR 15.40 per ounce
20 Dec: USD 15.80, GBP 12.80 & EUR 15.22 per ounce
19 Dec: USD 16.00, GBP 12.89 & EUR 15.34 per ounce
16 Dec: USD 16.05, GBP 12.91 & EUR 15.36 per ounce
15 Dec: USD 16.14, GBP 12.95 & EUR 15.51 per ounce
14 Dec: USD 17.11, GBP 13.52 & EUR 16.07 per ounce
13 Dec: USD 17.01, GBP 13.39 & EUR 16.04 per ounce
