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LAWRIE WILLIAMS: Russia replaces reserve gold utilised?

Lawrence Williams

22 August 2021In the latest month, the Russian Central Bank reports the addition of 3.1 tonnes to its gold reserves. However we do not feel this represents a change in policy as earlier this year it had reported two instances where a simiilar amount of gold had been lwithdrawn from its reserves so it looks like this is just a replacement of gold utilised for some unexplained purpose,

LAWRIE WILLIAMS: Chinese gold demand slips in July

Lawrence Williams

05 August 2021The latest gold withdrawals figures from the Shanghai Gold Exchange for July have come in sharply below the June figure, although still well above those for the same month in 2020. Thus Chinese gold demand looks like it hasn't recovered significantly yet and may still fall short of the 2019 full year total.

LAWRIE WILLIAMS: Swiss gold exports to China and India at very low levels in June

Lawrence Williams

02 August 2021Latest Swiss gold export figures continue to show relatively low levels of refined gold exports to India and China

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