September 4, 2015
Gold prices ease back on a mixed jobs report. U.S. stocks opened sharply lower, on track for large weekly losses. Gold last traded at $1,118 an ounce. Silver at $14.66 an ounce.
Gold Rises to One-Week High as Equities Slump Fuels Haven Demand - Bloomberg--8.31.15
Gold rose to its highest in a week as global equities plunged. Concerns over an economic slowdown in China fueled demand for safe haven assets.
Since 2014 Foreign Central Banks Have Withdrawn 246 Tons Of Gold From The NY Fed - Zero Hedge--8.30.15
Austria has become the third European nation to repatriate most of its offshore gold, mostly held at the Bank of England. Since 2014, the trend for countries to repatriate their gold has grown and now total physical gold held at the NY Fed is at the lowest in decades.
Gold shining as markets tumble - CNBC--8.21.15
Gold is hovering near 30-day highs as demand for the precious metal grows. Continued concerns over Chinese growth and expectations of a rate hike by the Fed have added to the jump in gold prices.
Gold hits 5-week high on lower US Sept rate hike chance - CNBC--8.20.15
Gold hits its highest in five weeks as the dollar eased after Fed minutes suggested policymakers were in no hurry to raise interest rates.
Gold Is "Undervalued" For 1st Time In 6 Years, BofAML Says- Zero Hedge--8.18.15
For the first time since 2009, BofAML's fund managers' survey finds gold is "undervalued." For the first time since records began, hedge fund managers are net short gold futures, according to data.
China Surprises for a Second Time This Week With More Gold Data - Bloomberg--8.14.15
China, the world's biggest producer and consumer of bullion, said that it owns about 1,677.4 metric tons of the metal. This is the second update since July after China had been silent for six years.
China announces they will be setting new gold price by end of year - Examiner--7.25.15
On June 25, a representative from the Shanghai Gold Exchange announced that they are planning on establishing a new physical gold price mechanism by the end of the year.