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Gold Headlines

Rotbart Sees Upside for Gold, Increased Demand for Silver (Bloomberg TV)

J. Rotbart & Co. founder and Managing Partner Joshua Rotbart discussed the outlook for gold and silver. He spoke to Rishaad Salamat and Yvonne Man on "Bloomberg Markets: Asia." (This interviewed aired on September 4, 2020.) (Source: Bloomberg)

COMEX’s Gold and Silver Futures Market Trade Data Not Adding Up

If the market is misreporting the amount of open contracts and the deliveries of physical gold and silver, then how can market participants rely on this data to make trading decisions on the futures market? Further, how do we all now value the gold and silver prices used in our daily physical transactions? The answer is we don’t, and this will lead to a new era in how the public views the gold and silver market. While these shadow transactions exist in particular, I expect the market to…

Gold eases on firmer dollar; recovery worries limit losses (Reuters)

“The $1,900 level in very important for gold right now here.” The dollar index rose against its rivals, making gold more expensive for holders of other currencies. Hopes around swift economic recovery faded after data showed that Japan’s economy shrank more than initially estimated in the second quarter as capital expenditure took a hit from the pandemic. https://www.reuters.com/article/global-precious/precious-gold-eases-on-firmer-dollar-recovery-worries-limit-losses-idUSL4N2G50MQ …

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