Home » January 28th, 2014 Entries posted on “January, 2014”

Indian government admits 3000kg of gold a month is being smuggled into the country – restrictions to be eased soon?

Yesterday we wrote about the Indian government’s commitment to ‘review’ restrictions on gold imports by the end of March (well, there is an election to be won after-all). And today we get a reminder just why the Indian government might decide to back-track on their gold demand suppression scheme – vast amounts of gold being […]

January 28th, 2014 | Posted in Gold News | Read More »

India admits defeat in gold demand suppression scheme – says will review restrictions on gold imports by the end of March

Regular readers will know that over the past year or so the Indian government has been on a one-track mission to deliberately suppress the demand for gold – all under the very spurious guise of reducing their current account balance. To recap: Today Reuters have compiled a list of all the action that the Indian […]

January 27th, 2014 | Posted in Gold News | Read More »

Gold price tags $1280 and its 100 day moving average before slipping back

Last Friday we wrote: The 100 day moving average is currently at $1276, which is no doubt the next level that the gold bulls will be targeting. After that the 200DMA, which is currently sitting at $1317 – gold hasn’t traded above its 200DMA since the very beginning of 2013… …Levels to watch over the […]

January 27th, 2014 | Posted in Gold News | Read More »

Does Germany hold the key to higher gold prices in 2014?

There’s been a lot on interesting action surrounding gold the past couple of years emanating from Germany- and after recent announcements from Germany, it may just be the ultimate catalyst to much higher prices in 2014 and beyond. The German gold story starts back in August 2011 – before there was any official talk of […]

January 24th, 2014 | Posted in Gold News | Read More »

Gold explodes above $1272 – now up 7.5% in 2014 and at two month highs

The great start to 2014 looks like it is continuing. In the past few minutes gold has exploded higher by $10 to over $1272. Gold $ (10 mins): (click for sharper image) That’s nearly a 1% move in under half an hour. Which means gold is now up 7.5% for the year – making gold […]

January 24th, 2014 | Posted in Gold News | Read More »

Unemployment rate is STILL above 7%, youth unemployment above 20% – And every worker owes £75,000 in UK debt

So after Cameron et-al hitting the airwaves the past couple of days telling anyone who’d listen just how awesome the UK economy is, you’d be forgiven for thinking that that the employment picture in the UK is a bed of roses – but when you look at unemployment since 2000 you can see that the […]

January 24th, 2014 | Posted in Analysis | Read More »

Gold at six-week highs as the downtrend from 2013 has FINALLY been broken

Gold’s great start to 2014 has continued with gold hitting six-week highs. It now means that gold has risen 7% so far from the new-year’s lows. Gold $ (4hr): (click for sharper image) Which all means that gold is now trading at six-week highs. Gold $ (8hr): (click for sharper image) But most interestingly the […]

January 24th, 2014 | Posted in Gold News | Read More »

Indian government asks for gold information from jewelers – just how bad is gold smuggling in India?

Regular readers will know that 2013 saw the Indian government come down like a ton of bricks on those wishing to preserve the purchasing power of their wealth against a free-falling Rupee. To recap: Today Reuters have compiled a list of all the action that the Indian government has taken so far in 2013 – […]

January 16th, 2014 | Posted in Gold News | Read More »

China to launch Yuan backed gold contract – another move towards Yuan gold backing?

At the end of last year there were a couple of very interesting news items, that of course slipped under the radar of the MSM, that seemed to hint that China is contemplating rolling out some form of gold backing to the Yuan. Back in July we wrote: A very interesting article appeared yesterday in […]

January 16th, 2014 | Posted in Gold News | Read More »

Gold price trades back above the average cost of production – now up 6% from the new-year’s eve lows

Whilst the rest of the world focusses on the equity market, and has a hissy fit because stocks ‘plunge’ 1%, gold has been quietly grinding higher so far in 2014. Gold is now up 6% from the lows posted on new-year’s eve. Gold $ (4hr): (click for sharper image) Last week we noted: It also […]

January 14th, 2014 | Posted in Gold News | Read More »

Gold Investor Report banner

Recently Commented

  • Ome Lawani: Very soon the silver fix mechanism is set to change. What do you think will be the impact on the silver...
  • jack loach: Sods —– Law. May —- 2014. For almost two decades we have strived to get justice for the...
  • Steven Allen: Cost increases are probably down to factors such as: bigger festival keeping pace in probably a less...
  • jack loach: Sods —– Law. April —- 2014. For almost two decades we have strived to get justice for...
  • jack loach: Update — March. 2014. Pictet & Cie Bank —- List of Crimes. 1996 —–...