Gold Coin Demand Strengthens as Gold Futures Market Tanks

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tbird165
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Gold Coin Demand Strengthens as Gold Futures Market Tanks

#1 Unread post by tbird165 »

This past week was one of significance for precious metals, as gold dropped to its lowest levels in two and a half years . The large sell off in the gold futures market began with statements from the Fed’s Chairman alluding to a slowdown in their quantitative easing plan later in the year. Once the stock market and precious metals market began to slide, shorts and margin calls were triggered, which further exacerbated the sell-off. While the futures market would indicate that investors have turned bearish toward gold, that clearly wasn’t the case in the physical gold market, as demand soared in many parts of the world, including Asia, as evidenced in part by the following articles...

Gold Coin Demand

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