Category Archives: Global Economy

Why Is Brexit Not Attracting More Gold Investors?

The Brexit crisis in the UK was expected to draw in more gold investors looking to hedge their wealth. So far, there seems to be a low appetite for gold amongst UK investors which goes against expectations. The rest of Europe however is building its gold holdings. Germany for one, has been buying a lot

The Most Epic Political Campaign Ever

Politicians have like to promise that they will do things to make people’s lives better. They may throw in numbers and promise bigger and better and more of something that the country lacks. People vote because they hope that the party or person they are voting for will live up to their word but they

Why do countries hoard gold

Countries may have moved away from the gold standard but many central banks still hold significant reserves of this precious metal. Central banks are always looking to increase their gold and add millions worth of gold bullion to their reserves. If central banks are hoarding so much gold this begs the question why would banks

Is Bitcoin The New Gold?

With so much surrounding Bitcoin and the whole Cryptocurrency concept, a lot of people have begun comparing an investment in gold to investments in cryptocurrency. Before going further, it should be noted that these two are extremely different. Gold is essentially a physical store of value that will last a lifetime. Bitcoin, on the other

Demand from Rural India raises Perth Mint December Gold Sales

The year ended on a stronger note for gold. The demand for gold surged thanks in part to the high crop prices that farmers in rural India are getting for their produce. It’s clear that gold has a great influence on the economy of a country. According to the Economic Times of India, the demand

How the Trump-North Korea Situation is Stimulating Gold

In the last few weeks, there has been a lot of tension in the Pacific as the Trump Administration decided to mobilise military forces near to the Korean Peninsula, a region that has always been hot. It was clear from the beginning that Trump was going to have a very different approach regarding the US

The Turkish Precious Metal Market

The precious metal market in turkey in 2012 aroused the interest of the world partly due to the demand stemming from the Turkish market which astounded traders coupled with a rumour that Turkey was prepared to trade the precious metal with crude oil from Iran despite international sanctions. This was seen as a defiant move

Dubai’s Investors and Gold Fans Are Seeing Opportunities in Falling Prices

For every penny gold goes down, there is a whole crowd of people trying to get the most. Trump’s victory didn’t stimulate the gold market as many experts expected. In fact, the precious metal dropped to its lowest point in five months. This whole situation may be delusional for many investors who were trying to

Trump’s Victory Didn’t Have the Expected Outcome for the Gold Rally

After Donald Trump’s victory at the US elections held during past November 9, the gold market reacted in a way that defied many hypotheses from outstanding experts in the financial sector. Most people thought that the improbable winning scenario for the real estate mogul would unleash hordes of investors looking to protect their money with

Are India and China Leading the Gold’s Bullish Market by Themselves?

Gold Buyers

Knowing exactly why gold is going up these days is a hard thing to accomplish. Many factors are involved in this confusing scenario. For decades, gold has been one of the most popular safe-havens during financial turmoil and armed conflicts. We have no world war going on but things are getting out of control for