Tag: Egypt

14 Feb

More on the Central Bank Gold Rush

Posted by RME Gold In Gold Market Discussion 0 comment

Central Banks Continue the Gold Rush The importance of the rush of the world’s central banks to buy gold cannot be over-emphasized. After all, how could a class of gold buyers that already own 30,000 tons of gold and are intent on acquiring more not deserve our full attention? We think that this move to gold is a […]

06 May

Fed Leaves Interest Rates Unchanged; Inflation Expectations Increasing

Posted by RME Gold In Gold Market Discussion 0 comment

Gold Battled Headwinds Early in the week gold struggled against a rising dollar index. It managed to hold just above $1,300. Some muted geopolitical fears after North and South Korean peace talks continued to put the brakes on gold as well. There was also some sell-off, which pushed prices down further. On Wednesday though, gold prices […]