We are a Singapore registered company that specialises in physical bullion trading in Gold, Silver and Platinum at real-time pricing, completed with a whole array of services.
+65 6222 9703 | Mon to Fri: 10am to 5.45pm | Sat: 10am to 12.45pm
Email: [email protected]
GoldSilver Central Pte. Ltd.
3 Pickering Street #01-15/16 Nankin Row Singapore 048660
PRECIOUS METALS MARKET REVIEW.
| Weekly Spot Price (6 May – 10 May 2019) | ||||
| Open | High | Low | Close | |
| Gold | 1280.410 | 1291.290 | 1276.820 | 1285.530 |
| Silver | 14.836 | 14.922 | 14.647 | 14.691 |
| Platinum | 864.340 | 883.340 | 841.470 | 858.940 |
Precious metals updates…
| · | China-U.S. Feud Fuels Haven Demand as Traders Rewrite Playbook Forget all the optimism that briefly reverberated through markets over trade on Friday. The weekend’s events have reshuffled the deck and traders are once again looking toward haven assets. | ||
| · | Gold holds gains Gold edged higher on Friday and was heading for a weekly gain, supported by trade concerns after the United States hiked tariffs on Chinese goods after the recent trade talks between both countries. | ||
| · | Gold steadies in Asia Gold prices held firm on Friday, drawing support from increased trade tensions after US President Donald Trump’s tariff increase on $200 billion worth of Chinese goods took effect, putting the bullion on track for a weekly gain. | ||
| · | Gold price forecast: Upside favored after defense of key support for third straight week Gold could rise above $1,300 next week, having defended a long-term moving average price support for the third straight week. | ||
| · | China Adds Gold For 5th Month, Demand Surges During Important Indian Holiday China’s central bank added gold to its reserves for the fifth month in a row in April, the latest emerging market central bank to stock up on the yellow metal. | ||
| · | Economic figures to monitor this week: | ||
| Day & Date | Economic Events | ||
| Tuesday, 14 May 2019 | Average Earnings Index + Bonus (Mar) (UK) | ||
| Wednesday, 15 May 2019 |
Industrial Production (YoY) (Apr) (CN) Core Retail Sales (MoM) (Apr) (US) Retail Sales (MoM) (Apr) (US) Crude Oil Inventories (US) |
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| Thursday, 16 May 2019 |
Building Permits (Apr) (US) Philadelphia Fed Manufacturing Index (May) (US) |
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| Friday, 17 May 2019 | CPI (YoY) (Apr) (EUR) | ||
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GoldSilver Central Pte Ltd (UEN: 201107187N), a Singapore registered company since 2011 specialises in physical bullion trading in gold, silver and platinum at real-time pricing, industry bullion supply, bullion buying and selling, collateral loan and secured storage under GoldSilver Central’s Bullion Storage Program at the Le Freeport.
Monday to Friday:
10:00am - 05:45pm
Saturday:
10.00am - 12.45pm
