BULLION TURNING TO BILLION « SMC Global Blog

Sep 29, 2009   //   by Admin   //   Scrap Gold Prices  //  Comments Off

Also, the physical gold market is such a tiny market comparative to equity, bond, currency and derivative markets that even small flows from these massively larger markets can result in outsize moves up in the gold price in future. … fallen off a cliff—it’s almost non-existing right now and a lot of scrap is coming into the market due to very high prices. This is also one of the reasons for which we had witnessed some range bound moves in gold prices in past few months. …

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BULLION TURNING TO BILLION « SMC Global Blog

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