Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Obviously, the key driver in the gold market over the past few days has been the health of President Trump and although he is […]
Significant gold slump for just a few seconds on 6th January — How did it come?
It was 15:14 UTC on the 6th of January when the gold market suddenly faced turbulent seconds and the gold price declined for over 30 USD per ounce. The reason for the surprising market break was a huge and unlimited selling order by an unknown seller. As a result, the supply-side exceeded demand many times […]
Gold benchmark set for closer scrutiny
The London Bullion Market Association (LBMA) has announced a review will be conducted of its benchmarking procedures to ensure it complies with international regulations. The group of traders which runs the global gold hub in London are set to tighten up procedures so the commodities market can never be rocked by the type of problems […]