Just behind the podium of precious metals (occupied by gold, silver and platinum) is palladium - an important, but often overlooked investment commodity. Like in case of silver and platinum, the gold-to-palladium ratio indicates the...
The gold-to-silver-ratio is an indicator that shows how many silver ounces are required to purchase an ounce of gold. The gold-to-silver ratio is one of the most important parameters in the precious metals market, as it measures the...
In a month from now, Britons will decide to leave or to remain within the European Union. Their decision will have a far-reaching impact for Europe as a whole. We have already written about the potential consequences of the UK’s exit from...
Gold Forward Offered Rate (GOFO) is the swap rate for a gold-to-US dollar exchange. In other words, it is a rate at which someone is ready to lend gold on a swap basis against greenbacks (the benchmark used to be quoted by a few banks...
The Greek debt crisis has been the topic of many Gold New Monitors. When we wrote about the last bailout of Greece, we expressed concerns that the crisis was not ended, but only hibernated and that we would hear more about Hellas in the...
Last year, Puerto Rico defaulted for the first time in its history. We wrote then that its public debt was unsustainable and because the territory could not declare bankruptcy, the island’s debt crisis would be returning to the spotlight...
Are gold lease rates (GLR) really one of the major drivers of the price of gold, as is often cited? A lease rate is the market price for borrowing or lending the particular asset. Obviously, the gold lease rate is the cost of borrowing...
The World Gold Council published today a new edition of its quarterly report on gold demand. What does Gold Demand Trends Q1 2016 say about the demand for gold in the first quarter of 2016? Unsurprisingly, the headline is positive as gold...
We usually focus on monetary policy decisions made by major central banks in the world: the Fed, the ECB and the Bank of Japan. However, we also try to cover the most important moves undertaken by other globally important central banks (...
Last week, the ECB decided to permanently stop producing the €500 banknote. The ECB’s decision is a manifestation of a widespread war on cash declared by some central bankers, politicians and economists. The reason cited by the ECB are...