Lawrence (Lawrie) Williams is a well known London-based writer and commentator on financial and political subjects, but specialising in precious metals news and commentary. He is a qualified and experienced mining engineer having graduated in mining engineering from The Royal School of Mines, a constituent college of Imperial College, London - recently described as the World’s No. 2 University (after MIT).
23 Sep 2019 - The proportion of Swiss gold exports to Asia and the Middle East has fallen sharply over the past couple of months and in August Switzerland was a net gold importer from these traditional gold export markets
22 Sep 2019 - The Russian central bank is continuing its gold purchase programme with an addition of 12.44 tonnes to its reserves in August, but it appears to be building its reserves at a lower annual rate than in the past three years,
17 Sep 2019 - Prosecutors have indicted two current JP Morgan employees and one former employee with criminal racketeering charges over 'spoofing' activity in the precious metals futures markets.
13 Sep 2019 - Gold is riding something of a see-saw at the moment with positive price movement in European trade being counterbalanced by a pull-back when U.S. markets start to dominate. But overall we see the pattern as positive.
12 Sep 2019 - Precious metals prices underwent some heavy corrections in the past week but now seem to be picking up again, We feel the overall trend is positive.
10 Sep 2019 - The latest gold withdrawal figures out of the SGE confirm that Chinese gold demand has been slipping this year as the country has curtailed gold imports. The nation is thus heading for a sharp fall in annual gold consumption. in 2019.
09 Sep 2019 - The Peoples Bank of China reports adding only 5.91 tonnes of gold to its reserves in August - the lowest monthly addition since it restarted reporting monthly gold reserve increases in December last year
08 Sep 2019 - A WGC analysis of global gold ETFs shows that they are near levels last seen in 2012 when they were at a record. This indicates that the big money is again investing in gold amid nervousness of an equities market meltdown.
07 Sep 2019 - Precious metals prices suffered a major correction on Thursday and Friday after flying high at the beginning of the trading week. Equities picked up strongly after major falls earlier.
04 Sep 2019 - From being the forgotten asset segment, precious metals have caught fire in the past month and a half and ,look like they have further to run, while equities are looking vulnerable
01 Sep 2019 - In the past week the platinum price has started to play catch-up with the other precious metals and rose around 9%. We suspect it will shortly hit $1,000 but still has a long way to go to top the current palladium or gold price.
29 Aug 2019 - Gold reached $1.,550 in early European trading today and Silver $18.70 before a correction - whether natural or manipulated - set in, bringing both precious metals well back from their intra-day highs.. Where do they go next?
26 Aug 2019 - Australia, the world's No.2 gold producer, has recorded another record gold output year achieving an annual production figure of 321 tonnes.
22 Aug 2019 - The odds on a 25 basis point cut at the next FOMC meeting are currently put at 98.1%, but will be U.S. economic data dependent. Gold and silver seem to be consolidating at around the $1,500 and $17 levels respectively
21 Aug 2019 - The latest gold reserve figure from The Russian central bank shows the addition of 9.33 tonnes of gold to the nation's forex reserves in July, back to the lower levels seen earlier in the year. Does this indicate a trend to lower accumulations?