Saturday 07, September 2013 by Gerhard Schubert

Precious Metals Report: Gold market set to slow?

Physical gold offtake has been doing well in 2013, but a slowdown in major markets, including China appears to be on the cards. The premium paid on the Shanghai Gold market is near normal and trade volumes have also “normalised”. However, the market can soon expect some kind of stock building in anticipation of the Chinese New Year celebration in 2014.