Gold and Silver Coins, Bars See Very Robust Demand - Delays and Premiums Rising

Need for physical gold this month at a historically high degree HSBCQ3 UNITED STATE Mint gold sales established to tower over those of previous pair of quartersSupply of bodily silver continuouslies be strict and premiums risingChina as well as India need continues to be extremely strongSeasonal Eastern purchasers to contribute to demand in coming weeksDovish Fed favorable for gold

Demand for physical gold and also silver in August as well as September has actually been remarkably solid as investors look for a safe-haven from market chaos, as the worldwide economy reduces and also as it ends up being clear that the Federal Reserve as well as reserve banks generally are slowly losing credibility as well as ultra loose financial plans are readied to proceed for the direct future.BULLION COIN & BAR PREMIUMS & AVAILABILITY September 18, 2015 Note: Provided proceeding and also deepening hold-ups for specific prominent bullion coins as well as bars and increasing costs our team believe it is essential to keep our customers as well as customers knowledgeable about one of the most up to day premiums and also availability. The costs priced estimate are a sign and also could alter at any type of time. We remain to be among one of the most affordable bullion dealerships internationally. The costs quoted are for smaller sized orders and also there are volume discount rates as well as reduced costs on larger orders. HSBC explained gold demand from the U.S. Mint as going to a traditionally high level which without a doubt it has been. The bank report that the Mint has actually offered 322,000 ounces of gold in the initial fifty percent of this month.Of this, just 91,000 ounces were comprised of Gold Eagle coins the most prominent coin with retail investors although some market participants believe that some of the stock could be being accumulated by big institutional investors.And yet, demand for gold eagles is still really solid with demand in Q3 established to dwarf demand of the previous two quarters. With two weeks still to go, complete Gold Eagle coin sales have actually been a staggering 352,500 ounces.That compares to sales of 146,000 oz in Q1 as well as 127,000 oz in Q2. So much this year Gold Eagle sales are almost 20 % more than ins 2014 total sales of 524,500 oz.Silver eagle supply continuouslies be extremely strict with lengthy delays as well as

an absence of quality concerning when supply will be available once more. Premiums on Eagles have surged and some are costing as high as 40 % or greater than $6 per coin over area. Dealers report unprecedented need for big silver bars.Gold in USD 5 Days Silver maples get on tiny once a week allotments and also silver bars are also becoming challenging to source in volume. The release of the 2016 Australian 1 oz silver.9999 Kangaroo, meant to contend with the Eagle/Maple is currently in such demand that the Perth Mint is rationing supply to huge dealers.Production on various other 2016 silver products has actually been delayed by the Australian mint to sustain production levels on the Kangaroo because of really solid global demand.At the exact same time the typical months of solid need from Asia are currently ahead of us which

will certainly add even greater need for gold in the coming weeks. In India, gold as needed will certainly reach its peak later on than typical this year as Diwali drops in the 2nd week of November.Premiums for physical gold in China have actually risen from $4 per ounce to as high as $6 this showing really solid need in China. As do withdrawals from the Shanghai Gold Exchange.The exceptionally solid need for physical priceless metals around the globe continues to be obscured by institutional marketing of futures agreements on the COMEX. The paper or digital market continuouslies dominate the place price in the meantime. However increasing costs and also hold-ups for prominent bullion items suggests that correct price discovery mirroring real life supply as well as need may be at hand. Nevertheless, it is clear both from the substantial demand and also from the lacks in the precious steels

markets that several capitalists are becoming nervous concerning the markets as well as the state of the worldwide economy.We advise our users, as always, to obtain physical gold and to store it beyond the banking system in more secure jurisdictions internationally.DAILY COSTS Todays Gold Prices: USD 1136.00, EUR 992.31 and also GBP 726.25 each ounce.Yesterdays Gold Rates: 1118.15, EUR 987.46 as well as GBP 720.64 per ounce.(LBMA AM )Gold rose nearly 1 % or $11.60 to$ 1,131.30 while silver acquired 1.4 % or 20 cents to $15.11 an ounce on the COMEX just before the Federal Reserve interest price announcement yesterday.Gold in Singapore dipped reduced yet in European profession gold was relocated higher once again and also is now over$1,140 per ounce. Silver bullion has ticked one more 0.8 % higher to$15.35 today. Platinum and palladium are somewhat reduced today.Gold is headed for a 3 percent once a week gain and also silver for a 5.5 % once a week gain.The Federal Reserve maintained interest prices the same yesterday because of boosting problems regarding the international economic climate as well as monetary market volatility. The slow U.S. economic climate might also have actually played a role in the decision but

this was not signalled.In what amounted to a somewhat humiliating volte face, Yellen claimed developments in a tightly connected worldwide economy had in impact compelled the U.S. reserve banks hand. The overview abroad appears to have become less specific, Yellen understatedly informed a press conference as gold prices ticked higher.Yellen was more dovish compared to expected which is bullish for gold and also suggests that the lengthy awaited for bottom for gold might have taken place in early August before current market volatility.The longer rate of interest remain at these document reduced degrees, the far better for gold.IMPORTANT INFORMATION FTSE falters after Fed but gold lusters as buck falls The Guardian Gold Gets Saved (This Time)by the Fed as Rate Surge Is Deferred Bloomberg Gold leaps



to 2-week high as Fed holds U.S. prices constant Reuters Gold rates head higher after Fed stands rub on rates MarketWatch Gold cost rallies after Fed holds prices constant Mining.com IMPORTANT DISCOURSE Globe May Quickly Required QE For Individuals The Telegraph Corbyns QE for the people is specifically just what the globe might require The Telegraph This Is Just what Yellen Said Concerning Adverse Rates Pertaining to The US No Hedge VIX Crushed As Bonds & Bullion Rip, USDollar & Stocks Slide Zero Hedge Britains economic Achilles heel MoneyWeek DownloadEssential Overview of Storage Gold Offshore

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