Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / HSBC: Demand For Gold, Silver Coins Strong In October

HSBC: Demand For Gold, Silver Coins Strong In October

iconNov 2, 2016 17:41
Source:kitco news
SRetail gold and silver demand appears strong, says HSBC.

Tuesday November 01, 2016 10:24
SRetail gold and silver demand appears strong, says HSBC. The bank cites data on the U.S. Mint website reporting sales of 116,000 ounces of American Eagle gold coins in October, up nearly a quarter from the previous month. American Eagle silver coins did better, more than doubling to 3.8 million ounces. “This reaffirms our view that gold prices under $1,300/oz and silver under $18/oz stimulates retail coin and small bar demand, which provides support to prices,” HSBC says.

By Allen Sykora of Kitco News; asykora@kitco.com

HSBC
gold prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.