Digital Gold is something you may not be too familiar with at this point—if so you will want to check out this post we found that gives a quick, easy to digest explanation on the basics of digital gold. Think of it as a beginners course you can go through in ten minutes…we also have some news on Thailand’s policy changes in the gold trade, some insights and the Chinese gold market, along with some considerations you should read before your next purchase of mining stocks. All this and more.

Let’s dig in…

Latest News
Digital Gold: a Explanation for Beginners

For those hearing about “digital gold” for the first time, here is a simple explanation—a short guide to the yellow metal in electronic form for beginners…Let’s start at the beginning: Digital gold cash, also known as DGC, is a type of electronic money dependent on mass units of gold. It is a sort of proxy cash, similar to a U.S. paper gold licensed from 1873 to 1933 that were replaceable for gold on request. The common unit of record for such money is connected to…

International
Thai Central Bank Expands Currency Participation in Gold Trading

More reforms are coming from Thailand’s central bank: U.S. dollars will soon be allowed into the gold trade, however, this will not be mandatory, according to an assistant governor on Thursday, trying to help curb the impact of the precious metal on a stubbornly strong baht currency. This and other revised rules should help reduce exchange rate volatility as domestic gold prices are connected to global gold prices, the assistant governor added. “This is to provide more options for gold investors, such as for online trading,” said Vachira Arromdee. The central bank has sent…

Price
Gold Jumps as Dollar Weakens After U.S. Jobs Data Released

Gold rose to its highest level in over a week on Thursday, in response to the dollar retreating after weaker than expected U.S. jobless claims data, while the European Central Bank (ECB) kept its policy unchanged. GET THE LATEST NUMBERS ON GOLD’S RISE

International
Retail Insights in the Chinese Gold Market

You can not only get insights on the retail jewelry market in China here on this website, you can also get free investment insights to help you better understand the market before you dive in.

GET INTO THE MIND OF CHINESE INVESTORS AND CHINESE GOLD BUYERS TO HELP YOU MAKE INFORMED INVESTMENT DECISIONS

Stock Market
The Latest on Precious Metals Mining Stocks

The writer (a precious metals investor as well as a seller of PMs) makes 11 in-depth observations to consider for those who might be thinking about purchasing physical precious metals, mining stocks, or a mix of both. SEE HIS POINTS OF OBSERVATION BEFORE INVESTING IN MINING STOCKS

Price
Gold Could Surge Towards $2300 as Physical Demand Revives

Equity market turmoil is supporting gold’s role as risk diversifier, but the stronger dollar could curb gold investment. Central banks remain dovish, with interest rates expected to sit near zero. Ongoing quantitative easing should support investor demand. Meanwhile, market focus will gradually shift towards reviving physical gold demand, per ANZ Bank. READ MORE

Thanks,
Gold Silver Central