Tag Archives: GGGG

The Fed just said buy gold ETFs in emerging markets

The release of the Fed minutes showed that further quantitative easing — a possible QE3, will likely occur if the economy does not improve. Since the economy doesn’t look like it is improving, traders took this as an indication of likely additional easing, and creating incentives to get into gold ETFs. 

ETFs Gold Metals Mining

India, the gold market, and ETFs

While the gold market whipsaws from day to day thanks to speculation, the festival season is beginning in India. Festival season runs from August to November and coincides in part with monsoon season, the severity of which can have a significant impact on gold consumption in India, the world’s largest gold buyer.

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