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  • India regains position as world’s #1 gold consumer

    It is no secret that India loves gold. The consumer gold market makes up a large portion of the country’s economy, as gold adornments and gifts play a vital role in many Indian cultural events. The same is true for China, and in 2013 China surpassed India as the world’s top gold consumer. However, according to

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  • Former Fed Chairman Alan Greenspan Talks Gold

    In an essay featured in Foreign Affairs titled “Golden Rule: Why Beijing Is Buying”, former Federal Reserve Chairman Alan Greenspan praises the various properties and benefits of physical gold, claiming “gold has special properties that no other currency, with the possible exception of silver, can claim.” He makes some other compelling statements, such as: “For more than two millennia,

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  • Despite Gold Lows, Indian Demand High Ahead of Religious Festival

    Gold fell 0.30% to $1,277 by Monday morning, not far from its two-month low of $1,273.06 hit the previous week. News of a stronger U.S. dollar, a possible interest rate hike coming in early 2015, and the end of quantitative easing this October have lessened gold’s appeal as a safe-haven asset and hedge against inflation for

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  • This Week in Gold: Palladium Supply, Chinese Demand, Gender Gaps

    This week we saw gold prices remain steady at around $1,300 an ounce as a weaker U.S. dollar and accommodating decisions by the Fed offset worries about the strength of Chinese demand and selling of gold-backed funds, palladium prices surge as the crisis in Ukraine threatened supply, learned of seven reasons China is becoming the world’s number

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