2012年1月24日 星期二

Iran Banned From Trading Gold and Silver

silverdoctors.blogspot.com

Currency wars continue and are deepening.

Gold has risen in all currencies today and bullion up nearly 1 % to $1,675/oz. Gold rose 1.7% last week has risen more than 6% so far this year.
Gold jumped to its highest in more than a month as result of the uncertainty over of the Greek debt outcome and the growing geopolitical tensions with Iran and the US and Nato countries.
The Iranian geopolitical tension is supporting gold as Britain, America and France have delivered a clear message to Iran, sending six warships led by a 100,000 ton aircraft carrier through the highly sensitive Strait of Hormuz.

Reuters report that the EU has agreed to freeze the assets of the Iranian central bank and ban all trade in gold and other precious metals with the Iranian Central Bank and other public bodies in Iran.

According to IMF data, at the last official count (in 1996), Iran had reserves of just over 168 tonnes of gold. The FT reported in March 2011 that Iran has bought large amounts of bullion on the international market to diversify away from the dollar, citing a senior Bank of England official.

Many Asian markets are closed for the Lunar New Year holiday which has led to lower volumes.
Of note was there was an unusual burst of gold futures buying on the TOCOM in Japan, which has helped the cash market to breach resistance at $1,666 an ounce.
Investors are also waiting for euro zone finance ministers to decide the terms of a Greek debt restructuring later today. This would be the second bailout package for Greece.
The risk of contagion in Eurozone debt and wider markets is leading to continued safe haven demand for gold.

3 則留言:

  1. 恆生銀行已要求非戶口客戶買實金時, 提供地址和手機號碼, 並影印身份證, 他們說是銀行政策,但不是金管局指引, Hence, 他們記錄了買家資料, 待日後特別用途.
    目前這是否違反私隱條例, 便要找私隱公處問了.

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  2. 回爾凡,
    是預防洗黑錢條例 !
    我地以前在證券行都要知客戶資金來源, 所以須記錄客戶資料 !
    例如一位公屋住戶, 唔 suppose 可以買一百萬期貨 !

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  3. 我上星期去HS 買金等佢地check 等左十分鐘有多,前所未有的事!

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