Demand fell to record lows, led by a 65% drop in china – the largest jewellery consumer and the first market to succumb to the outbreak….
Out of the 5 instruments in the metals asset class, gold ended up ranking 4th for the day in terms of price change relative to the day prior.
Thus, changes in the gold to silver ratio primarily reflected changes in the price of silver….
In this article, we will examine how gld works to understand its role in the gold market and its impact on the gold price….
It’s mainly through the creation and redemption process of shares that the etf price tracks the price of the associated asset….
Told me people would stop buying it if it went to $3,000 and he’d stop making $.
Final dividend increased by 12.5% and in this new “hunt for yield” world it is somewhat surprising to see the share price down by 7.5% – wtf!
So far, the money monopoly “works” for central banks, and for their governments.
The property doesn’t cost that much more, the money is worth much less.
I compare the current market cap to my expected future market cap.