The SA Bullion Gold Report | Third Quarter 2024

    The SA Bullion Gold Report    Third Quarter 2022   Analyst: Hilton Davies Date: 10 October 2022 A TOUGH FEW MONTHS FOR GOLD   In the early weeks of February 2022 Vladimir Putin lied to Ukraine and the World about his big military build-up around Ukraine, and his intentions. On 24 February he … Continued

    The SA Bullion Gold Report    Second Quarter 2022   Analyst: Hilton Davies Date: 10 July 2022 GOLD PRICE ACTION   In US Dollar, gold had a very poor quarter as the price per troy ounce declined from $1,933.85 to $1,817.75. Over the longer periods gold price performance in US Dollar has been … Continued

    The SA Bullion Gold Report    First Quarter 2022   Analyst: Hilton Davies Date: 10 April 2022 GOLD PRICE ACTION   In the first quarter USD Gold advanced more than $100 per ounce or 7.1%, largely in response to the Russian invasion of Ukraine. In addition to a strong quarter USD Gold had … Continued

  The SA Bullion Gold Report Fourth Quarter 2021   Analyst: Hilton Davies Date: 10 January 2021 GOLD PRICE ACTION   Gold in Dollar had a strong Fourth Quarter of 2021 notwithstanding a spike and reversal in mid-November. Due to Rand weakness in the quarter, Gold in Rand performed very strongly at 7.6%.  Gold had … Continued

  The SA Bullion Gold Report Third Quarter 2021   Analyst: Hilton Davies Date: 15 October 2021 GOLD PRICE ACTION   In the third quarter, in US Dollar, the gold price delivered a poor return of -2.3%. Over the past 12 months, in US Dollar, gold posted a similarly poor return of -8.1%. This has … Continued

  The SA Bullion Gold Report Second Quarter 2021   Analyst: Hilton Davies Date: 13 JULY 2021 GOLD PRICE ACTION   In US Dollar gold had a strong quarter as the price per troy ounce moved up from $1,683.95 to $1,755.45 to post a return of 4.3%. The preceding 9 months however were poor, resulting … Continued

  The SA Bullion Gold Report First Quarter 2021   Analyst: Hilton Davies Date: 8 APRIL 2021 GOLD PRICE ACTION   The preceding charts best tell the story of recent gold price action. In the past year gold made a huge Covid-related surge and then an equally large pullback to regain the long term trendlines. … Continued

  The SA Bullion Gold Report Fourth Quarter 2020   Analyst: Hilton Davies Date: 15 JANUARY 2020 GOLD PRICE ACTION   Gold in Dollar had a flat Fourth Quarter of 2020, with a V-shaped dip and recovery in late-November to early-December. Due to significant Rand strengthening in the quarter, Gold in Rand performed very poorly … Continued

  The SA Bullion Gold Report Third Quarter 2020   Analyst: Hilton Davies Date: 10 OCTOBER 2020 GOLD PRICE ACTION In the third quarter, in US Dollar, the gold price outlined a mountain. In the first half, beginning at $1,771.60 the gold price appreciated strongly and closed at an all-time record high of $2,067.15 on … Continued

  The SA Bullion Gold Report Second Quarter 2020   Analyst: Hilton Davies Date: 12 July 2020                  Gold Price Action In US Dollar gold had an outstanding quarter as the price per troy ounce moved up from $1,618.30 to $1,771.60 to post a return of 9.5%. Over … Continued