Most Viewed
Gold ETFs Reach Record High, Outpacing Official Sector
Global gold exchange traded funds (ETFs) holdings have increased by more than 500 tonnes since January, reaching a high of over 2,000 tonnes for the first time in three years, according to a report on Monday. ‘Investor gold demand has been prompted by slow global growth, negative interest rates in Europe and Japan, and the unlikelihood of the Federal Reserve raising rates in the near future,’ says Frank Holmes, chief executive officer of U.S. Global Investors. Holmes added that the worst performing precious metal last week was gold, up 1.83 percent. ‘[I]t has been pretty steady as of late marking the sixth consecutive weekly gain,’ Holmes said. Gold prices ended the U.S. day session near steady Monday. Silver futures finished higher and closed at a new two-year high close today. (show less)
Global gold exchange traded funds (ETFs) holdings have increased by more than 500 tonnes since January, reaching a high of over 2,000 tonnes for the first time in three years, according to a report on Monday. ‘Investor gold demand has been prompted by slow global growth, negative interest rates in Europe and Japan, and the unlikelihood of the Federal Reserve raising rates in the near future,’ says Frank Holmes, chief executive officer of U.S. Global Investors. ... (read more)
Gold Game Film
Gold Game Film features the founder of US Global Investors, Frank Holmes as he highlights play-by-play action in the gold market. Melding sports and precious metals, Holmes comments on gold’s touchdown pass of the week. Holmes also reflects on the opportunities and threats he sees for the gold market. Tune in every week to hear from our Monday Morning Quarterback, Frank Holmes.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
