Gold demand was up 2 percent year-on-year in the first quarter, setting a record in value terms. Including over-the-counter (OTC) selling, gold demand came in at 1,231 tonnes. Volume growth, coupled with the surging gold price, drove a 74 percent jump in the value of Q1 demand to a record of $193 billion. Investment demand and central bank gold buying …
Continue ReadingWhy China Is Buying Massive Amounts of Silver Right Now | NTD News Interview China imported more than 800 tons of silver in March, marking one of the largest monthly inflows in recent years and signaling unusually strong demand from the world’s largest manufacturing economy. SD Bullion Senior Analyst James Anderson said the silver surge appears tied to both industrial …
Continue ReadingSince the decline of gold production in the 1990s, platinum has become South Africa’s most valuable strategic metal, and among its most important economically. Of critical raw materials identified by the OECD in a recent report, South Africa has rare global domination. It controls 70% of platinum production, one of only three nations to have command over a single metal …
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