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IMF warns of global economic “storm” as growth undershoots
BySirhcAFP AFP•February 10, 2019 Christine Lagarde met Imran Khan on the sidelines of the World Government Summit in Dubai Christine Lagarde met Imran Khan on the sidelines of the World Government Summit in Dubai (AFP Photo/KARIM SAHIB) More Dubai (AFP) – The International Monetary Fund on Sunday warned governments to gear up for a possible…
Fed’s Second 42-Day Repo Oversubscribed As Rising Repo Rate Confirms Year End Liquidity Rush
BySirhcZeroHedge by Tyler DurdenMon, 12/02/2019 – 08:33 One week after the Fed’s first 42-day term repo which for the first time allowed dealers to lock in funding into the new year and which was 2x oversubscribed, confirming a growing scramble for year-end funding, traders were keenly looking ahead to the result from today’s second 42-day repo…
Gold on Track for Best Week in Seven
BySirhcRPMEX: January 10, 2025 Gold prices are on course for their strongest week in seven, hitting a four-week high on Friday. This uptick is driven by growing safe-haven demand amid heightened uncertainty surrounding the policies of the incoming administration. Recent economic data has revealed significant job growth in December, with nonfarm payrolls rising by 256,000,…
Why Physical Gold Delivery on the COMEX in New York is Elevated
BySirhcThree elements cause physical delivery on the COMEX to have reached record highs this year: strong demand for futures in New York, a persisting spread between the price of futures in New York versus spot gold in London, and arbitrage. Read More
American Eagle Sales as of 3/28/2019
BySirhcMarch 28, 2019 The following chart includes the year to date totals for 2019 Gold and Silver American Eagle Sales from the U.S. Mint as of 5pm on March 28th. The chart also shows the difference in sales from our last report on March 22nd. Gold and Silver American Eagle Sales Gold Coin Sales in oz. /#coins + from 3/21/2019 One…
Gold Slides to 9-month Low as Rising Bond Yields, Dollar Dim Appeal
BySirhcGold slid as much as 2% to its lowest in nearly nine months on Wednesday as elevated U.S. Treasury yields and a stronger dollar hammered the metal’s appeal. Spot gold was down 1.2% at $1,718.09 per ounce by 11:56 a.m. ET (1656 GMT), after falling to its lowest since June 2020 at $1,701.40 earlier in…