Demand figures for physical gold and silver
Demand figures for physical gold and silver continue to come in from around the world. US Mint as of Friday already had the highest monthly coin sales since Dec 2009, World Gold Council reports critical shortage in Dubai and large premiums over spot worldwide, India retail sales tripled daily averages and China quadrupled. At the same time paper (ETF’s etc) holdings dropped. Here at Ainslie we have strict limits on most lines for cash and carry whilst taking forward orders for larger buys.