Tag: physical demand

Gold Being Lifted by Physical Bar Demand But Silver Relatively Weak

Gold Being Lifted by Physical Bar Demand But Silver Relatively Weak

THE U.S. DOLLAR gold price drifted back down towards $1420 per ounce Wednesday morning in London, around 1.3% up on the week so far, amid ongoing reports of strong demand for physical gold bullion. “The bounce in price-sensitive physical demand, especially in the emerging world, is impressive and has lifted prices,” says HSBC Securities analyst Howard Wen. […]

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