Daniel March

Gold and silver specialist. Formerly at JPM, HSBC, ICBCS, and Jupiter AM. Views are my own, not trade advice, RTs not endorsement.

[Daniel March @Daniel_March3]

Global CB #gold holdings (over 5,000 tonnes added post 08')

Source: https://t.co/kNfJM07HxQ

[Daniel March @Daniel_March3]

@SkyCricket Legend

[Daniel March @Daniel_March3]

@Gloeschi Can I ask where you're sourcing the tonnage for SGOL?

[Daniel March @Daniel_March3]

@RonStoeferle

[Bob Loukas 🗽 @BobLoukas]

Gold breakout looks for real this time and in the early stage of a new bull market.

[Daniel March @Daniel_March3]

The Shanghai Gold Exchange (SGE) is still trading at a consistent premium versus London (~$2,178/oz equivalent).

[Daniel March @Daniel_March3]

Last 6 months: Shanghai Gold Exchange (SGE) premium has averaged $48/oz over London OTC.

[Daniel March @Daniel_March3]

Shanghai Gold Exchange (SGE): the highest withdrawals since July 2015.

[Jan Nieuwenhuijs @JanGold_]

Holy shit, SGE withdrawals in January were the second highest on record at 270 tonnes.

[John Reade @JReade_WGC]

Despite the apparent quiet in the global OTC #gold market, THIS is interesting.

Turnover on the 9999 gold contract of the Shanghai Gold Exchange just hit a seven year high.

[Ronnie Stoeferle @RonStoeferle]

#GOLD is trading superclose to new alltime-highs and #sentiment is in neutral territory. I'd say that's quite a promising setup...

ht @sentimentrader

[Daniel March @Daniel_March3]

The People's Bank of China (PBoC) increased its official #gold reserves by 23 tonnes / 740k ounces in October.

[Daniel March @Daniel_March3]

Nearly 2k tonnes from the official sector since the beginning of 22'. https://t.co/nCZh4UwiRh

[Daniel March @Daniel_March3]

Global CBs have added 800 tonnes (through September). The highest Q1-Q3 total on record. #Gold

[Ole S Hansen @Ole_S_Hansen]

The US 5yr5yr #inflation swap, currently at 2.82%, is showing signs of more persistent structural inflation as it heads for its highest weekly close since 2014

[BullionStar @BullionStar]

Singapore's central bank (MAS) can't stop buying gold.

MAS added another 1.6 tonnes of gold to Singapore's national reserves during September, and now holds 229 tonnes of gold.

Singapore has bought a whopping 75 tonnes of gold so far this year, boosting its gold reserves by 49%.

[Daniel March @Daniel_March3]

Sep 26th: Shanghai​ Gold Exchange​ (SGE)​ ~$106/oz premium versus London OTC.

[Daniel March @Daniel_March3]

Shanghai​ Gold Exchange​ (SGE)​ ~$86 per ounce premium versus London OTC.

[Krishan Gopaul @KrishanGopaul]

Latest IMF data shows that the Czech National Bank bought almost 2 tonnes of #gold in August. This is the sixth consecutive month of buying, with YTD net purchases amounting to over 11 tonnes. Total gold reserves now stand at over 23 tonnes, 94% higher than at the end of 2022.

[Daniel March @Daniel_March3]

Shanghai​ Gold Exchange​ (SGE)​ ~$65 per ounce premium versus London OTC.

[Krishan Gopaul @KrishanGopaul]

Data from the National Bank of Poland suggests it bought ~13 tonnes of #gold in June, lifting total gold reserves to ~276 tonnes. We'll confirm the exact figure once it is reported via the IMF.

[Bloomberg @business]

Solar demand is set to become a bigger driver of silver prices due to new panel technology that uses more of the precious metal https://t.co/j9lN5ODTnh