Tag: gold jewelry

Gold price outlook from third largest miner in the world, Polyus

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Post date September 26, 2020

Regardless of the current downturn in gold fashion jewelry demand as well as tapering of reserve bank acquiring, the price of gold is not expected to see significant reversals whenever quickly, stated Pavel Grachev, CEO of Polyus, the third biggest gold miner on the planet, based in Russia.

" We still think the variables that generated the gold rally so far remain to linger and we do not anticipate major variants in the gold price going forward, at least not for the following twelve month," Grachev told Kitco Information.
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Gold prices going to “pop” to $2,700, easily – Frank Holmes

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Post date April 30, 2020

Regardless of a damaged economy, supplies continue to increase on the back of financial stimulus, which is bound to push gold costs also greater, this according to Frank Holmes, CEO of U.S. Global Investors.

Supplies are increasing "due to the trillions as well as trillions of dollars of money publishing from the helicopters of main lenders. The G20 main lenders, the G20 finance ministers, that's a cartel, like OPEC," Holmes told Kitco News.
Fundamentally, gold's supply shortage ought to also provide tailwinds, Holmes claimed.
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Kitco News is the globe's # 1 resource of metals market information. Our video clips feature meetings with famous market numbers to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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The fuel behind central banks’ hunger for gold – World Gold Council

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Post date February 4, 2020

Central banks have actually transformed from web vendors of gold into net customers over the last ten years, and also a great deal of this relates to federal governments' changing hunger for risk, this according to Juan Carlos Artigas, supervisor of financial investment study at the Globe Gold Council.

" Central banks also cite safety and diversity in reasons that they invest in gold, and in some sense, gold is a property that can secure their reserves over the long term," Artigas told Kitco News.

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Kitco News is the world's # 1 resource of steels market information. Our video clips feature meetings with noticeable industry numbers to bring you market-affecting insights, with the goal helpful individuals make notified investment choices.

For even more breaking news, see

Live gold price and graphes:.
Live silver price and charts:.

Do not forget to sign up for Kitco News' Weekly Roundup– comes out every Friday to recap the most popular tales & videos of the week:.

Join the discussion @ The Kitco Forums and also be part of the premier on-line area for precious metals financiers:.

Disclaimer: Video clips are not trading suggestions and also the sights shared may not reflect those of Kitco Metals Inc
.