Gold Price – Silver Price Today 2-18-2013

The price of Gold is down -0.14%, or $-2.20 per troy ounce in morning trading, at $1611.25 .
The price of Silver is up 0.37%, or $0.11 per troy ounce, also in morning trading, at $30.00 .

Crude oil is currently down -0.18% to $95.69

USD Index is up 0.08% to $80.63

Gold Price London Fix

Silver Price London Fix

Gold Price – Silver Price Today 2-15-2013

The price of Gold is down -1.47%, or $-24.10 per troy ounce in morning trading, at $1629.25 .
The price of Silver is down -1.45%, or $-0.44 per troy ounce, also in morning trading, at $30.18 .

Crude oil is currently down -1.87% to $95.49

USD Index is up 0.08% to $80.50

Gold Price London Fix

Silver Price London Fix

Gold – Supply and Demand- Gold supply and demand statistics for 2012

Dear friend and client of AFE,

The gold supply and demand statistics for 2012 have been released by the World gold Council.

Things we note:

1. Central Bank purchases of gold have reached a level not seen in 48 years. Watch what they do, not what they say.

2. Total investment demand in gold (including Central Bank purchases) has finally exceeded jewelry demand in gold, something we predicted several years ago.

3. Total ETF/Gold Fund demand in gold was roughly $15 Billion, or 3.4% of the market cap. of Apple (AAPL), or .11% of the market cap. of the S&P 500. No, gold is not in a bubble.

You may download the PDF here:

http://anglofareast.com/downloads/GDT_Q4_2012.pdf

With our compliments,
Your Anglo Far-East Team