Gold Bullion Bars

The market is now “driven by Asia,” notes BlackRock fund manager
Koos Jansen of the In Gold We Trust blog and Bullion Star has long contested the so-called “official” statistics on China’s gold consumption, and now he’s pointing to a bombshell speech from the head of the China Gold Association that confirms his argument...

Former Fed chief weighs in on bullion’s “universal acceptability”
As if the geopolitical situation across the globe weren’t volatile enough, the massive demonstrations in Hong Kong have only added fuel to the fire.
“Make no mistake, if China starts to slide into chaos, the gold price will go wild,” ADVFN.com chief Clem Chambers wrote at Forbes....

Prime minister, finance minister detail plans for shunning the U.S. dollar
Last week China’s launch of its new yuan-denominated gold contract in Shanghai’s free-trade zone was the talk of the industry. Now China’s top ally in the race to dethrone the U.S. dollar – Russia – has made some headlines of its own....

Metal hits $1,290 and reclaims 200-day moving average Tuesday
Just when the bears think gold has capitulated, it comes fighting back. That’s what the yellow metal did Tuesday, rebounding from a two-month low of $1,273 to hit a session high of $1,290. Suddenly, $1,300 is back in the cards....