Silver Market Morning: April-18-2016
Snippet:
Gold ETFs - We saw more large purchases of 5,647 tonnes, after last week’s big sales of over 8 tonnes, of gold into the SPDR gold ETF but nothing in or out of the Gold Trust on Friday. This leaves their holdings at 812.462 and 188.04 tonnes in the SPDR & Gold Trust respectively. These purchases were well placed to take advantage of what we expect later this week in the gold price.
Gold Today –Gold closed in New York at $1,233.90 down from Friday’s $1,225.20.
Monday, April 18th
First published here: Silver Market Morning: April-18-2016
