2 September 2014 - N-Day limited edition coins

2 September 2014 - N-Day limited edition coins
2 September 2014 - Gold imports, premiums to jump on festive demand - top refiner
2 September 2014 - Gold hungry Indians boost imports in UAE
2 September 2014 - 黄金多头仍有余力中印节日提振金价

Posted: 02 Sep 2014 03:21 AM PDT

From:http://www.thestar.com.my/News/Community/2014/08/30/NDay-limited-edition-coins/

Limited to only 188 pieces nationwide and sold at RM950 per set, it features bronze sculpture characters representing the cohesiveness and harmony that exist within Malaysia's multi-racial society.

The 'Anak Malaysia' concept was adopted from Malaysian contemporary artist Ch'ng Huck Theng's Bronze Sculpture Series starting in 2012, which used abstract figures to depict the country's diverse cultural make up.

Royal East Ptd Ltd, an Australian organisation specialising in international arts and culture preservation, then decided to translate the concept into commemorative coins for enthusiasts.

Public Gold, a Malaysian physical gold trading company renowned for high-quality and refined workmanship, was appointed official minter of the Ag 999 silver coins.

Public Gold Group founder and executive chairman Datuk Louis Ng said the group was delighted to mint the coins that promoted patriotism and unity among Malaysians, in celebration of the upcoming National Day.

"The 'Anak Malaysia' bronze sculpture series is really unique, as it not only shows the talent of our very own artist, but also clearly portrays the sense of harmony we have in our multi-racial country."

For more information about the coins, log on to www.publicgold.com.my. To purchase, call 04-6439999.

Alternatively, the coins can also be purchased via Ch'ng's One East Museum in Dunlop Road in George Town.

Source:http://www.thestar.com.my/News/Community/2014/08/30/NDay-limited-edition-coins/

2 September 2014 - Gold imports, premiums to jump on festive demand - top refiner

Posted: 02 Sep 2014 03:20 AM PDT

From:http://in.reuters.com/article/2014/09/02/gold-india-imports-idINKBN0GX0QZ20140902

(Reuters) - Indian gold imports and premiums are likely to surge during the rest of the year as buying picks up for the wedding and festival season, the head of the country's biggest gold refiner said on Tuesday.

Premiums could jump to $10-$12 an ounce over the global benchmark from the current levels of $4-$5, said MMTC-PAMP Managing Director Rajesh Khosla.

Imports could climb to 60-70 tonnes per month for the rest of the year from about 40 tonnes in July, Khosla said, adding that August imports were probably around 63 tonnes.

India has not yet released its trade figures for August.

"Demand is expected to increase in the coming months as people start buying from September because of the festive season," Khosla said.

India, the second biggest buyer of gold after China, will soon celebrate Dhanteras and Diwali festivals, when it is considered auspicious to buy gold.

The wedding season is also boosting demand for the bullion. The precious metal forms an essential part of a bride's dowry in India, and is considered auspicious as a gift or offering at religious festivals.

The expected increase in demand will squeeze supplies amid curbs on gold imports.

Struggling with a high trade deficit, India raised its gold import duty to a record 10 percent last year and made it mandatory to export a fifth of all bullion imports. Gold is India's second-biggest expense on the import bill after oil.

Imports slipped by a fifth in 2013 though demand remained strong, leading to high premiums and an increase in smuggling.

Source:http://in.reuters.com/article/2014/09/02/gold-india-imports-idINKBN0GX0QZ20140902

2 September 2014 - Gold hungry Indians boost imports in UAE

Posted: 02 Sep 2014 03:18 AM PDT

From:http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=251757&sn=Detail

Author: Shivom Seth

MUMBAI (MINEWEB) -

Among the most popular imports into the UAE in the first three months of the year, were gold and diamonds. The country's consumers bought about Dhirham 37.9 billion worth of the precious metal/minerals. Most of the buyers were Indian staying in the UAE, or those visiting the country.

The UAE's non oil trade reached Dh 256 billion in the first quarter of 2014, reflecting the continuous momentum of the country's non oil foreign trade, driven by stronger performance in all the economic sectors, preliminary data of the Federal Customs Authority (FCA) showed.

A World Gold Council report has also alluded to this. Total gold demand in the United Arab Emirates (UAE) reached 25.4 tonnes in the first quarter of 2014. The 16% increase from Q1 in 2013, was largely driven by Indian tourists choosing to buy gold in the UAE, rather than their homeland in an attempt to bypass the Indian gold import tax.

Gold jewellery demand in the UAE surged in the first quarter of 2014 due to lower prices of the precious metal and stronger demand from gold hungry India, the WGC had noted in an earlier report.

The FCA, on the other hand, said gold, motor vehicles, diamond, jewels and jewellery, pure copper and copper mixes among other items were on top of UAE's imports in the first quarter.

Gold, jewels and jewellery, crude aluminium, copper wires, iron scrap, among other things were also first in the list of exports.

Top re-exports in the said period were diamonds, jewels and jewellery, motor vehicles, mobile sets, among others, data showed.

According to gold merchants and officials of the Dubai Gold and Jewellery Group, it is not Emiratis or Arabs or Europeans who do all the gold shopping. It is Indians, who as a single group, tend to purchase the most amount of gold and diamond jewellery in the country.

Dubai has the largest Indian expat population which boosts gold jewellery buying on a larger scale, especially during festive seasons. Given the large mixed population of Dubai, the gold market supplies gold jewellery to suit every culture and ethnicity. Traders added that there are preferences among customers when buying gold such as design, carats and whether it is handmade or machine made.

Souorce:http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=251757&sn=Detail

2 September 2014 - 黄金多头仍有余力中印节日提振金价

Posted: 02 Sep 2014 03:16 AM PDT

From:http://www.fx678.com/C/20140902/201409020838221836.html

汇通网9月2日讯——周二(9月2日)亚市早盘，国际现货黄金价格交投于1286美元/盎司，有消息称乌克兰有意加入北约，这也提振了黄金，并助其守住1280美元一线，卢布的持续贬值也使得以卢布计价的黄金继续走高，相应的对于黄金价格会略有提升。而9月对金价影响最为重要的除了欧美的相关数据及政策就是中国和印度的节假日黄金消费了。

乌克兰"入北"激怒俄罗斯

乌军方表示，俄军继续深入顿涅茨克地区，过去的24小时内，乌军方有7名士兵死亡，25人受伤。俄罗斯至少有四个营的部队在乌克兰境内行动。

俄方表示，美国和欧盟应该要求基辅停止使用重型大炮和战机对付乌克兰平民。若新的制裁施加于俄罗斯，俄罗斯保留报复的权利。

北约方面表示，现在是多重危机叠加的时期。在乌克兰、北非和中东都面临威胁。北约峰会将达成迅速采取行动的计划，并将创建有数千名士兵的快速反应部队，竭尽全力保护所有盟友。欧盟方面还将讨论是否把禁止欧洲人购买俄罗斯政府债券作为进一步的对俄制裁。

法国巴黎银行认为，"伊拉克、乌克兰等地缘政治问题来了又走，金价对其敏感性变得越来越少。如今黄金市场的避险需求已经和从前不一样了，地缘政治问题只能对金价有短暂的推动，但美国升息却可能会拉低金价。"巴黎银行将2014年金价预期上调10美元至1265美元/盎司，不过下调了2015年金价预计至1030美元/盎司。

印度象神节刺激黄金消费

印度大型珠宝连锁店P.P. Jewellers总经理Rahul Gupta表示，象神节已在8月29日正式开始，而实物金需求几乎每天都在递增。

象神节每年在雨季要结束的时候进行。在印度，按照印度历（月亮历），象神诞辰节的时间一般在8月20日到9月15日之间。持续时间各地情况不同，有3天的、5天的，还有七天的、十天的。

在这个节日里，信徒们去寺庙膜拜象神伽内什（Ganesh），或请一尊象神放在家中供奉，节日结束时人们抬着象神一路游行，最后将象神沉入水中，意味着回归自然，然后节日宣告结束。因印度各地情况不同，象神节的起止日期略有差异，但通常都要持续10多天，今年的象神节普遍从9月11日开始，22日结束。

多数经纪商相信，相信未来几周印度珠宝商和交易商都会开始大量购买黄金，以保证充足的供应，这也是推动金价上涨的关键原因。许多交易员往往会注意到金价季节性走强的因素而在月初做多黄金。

中国中秋节也不甘示弱

与此同时中国的中秋节也即将来临，或刺激金店的首饰消费，虽然今年以来的黄金价格相比去年下降了不少，对于想要购买黄金的人来说，本是件好事，但如今出手买黄金的人却少了。专家认为面对美联储的加息预期，金价节节败退，从而使得投资黄金，尤其是实物黄金的人大幅减少。银行人士认为，国际金价走势在9月十分关键。经销商则看好了九十月的婚庆黄金消费市场。

尽管"中国大妈"一次又一次的阶段提振金价，但黄金价格这个"胳膊"最终还是拧不过市场"大腿"，金价去年开始一路慢慢下滑，许多在去年四五月抢购的投资者目前仍旧被套牢其中。

本周是9月的第一周，对于黄金市场来说，这又是一个所谓的'超级周'，因为有着诸多对汇率和黄金市场有着重要影响的会议以及数据。比如五大央行议息、欧元区CPI以及美国8月非农等，而对于黄金市场来说，这些数据带来的影响将对未来黄金走势产生较大影响，如果9月金价依然无法突破每盎司1300美元关口，那么后市大跌的可能性很大，反之则有望打开进一步上行空间。

金银首饰的经销商们则要乐观许多，金九银十向来是我国的结婚旺季，而结婚时候买点黄金首饰又是传统，可以说，对于黄金首饰的消费需求是刚性的，估计届时购买的人会多起来。而那些买金条进行投资的人，在金价下跌到一定程度的时候，也会考虑适时出手再买点，算补仓吧，毕竟黄金可以放着不动，只要不现在急着卖，也不见得未来就会亏损。

世界黄金协会预计，今年3、4季度黄金消费会有改善，很多亚洲地区的金币和金条的消费者就是在观望这个，他们只会在价格走势清楚之后才会回到市场中来。

Source:http://www.fx678.com/C/20140902/201409020838221836.html

2 September 2014 - N-Day limited edition coins

2 September 2014 - N-Day limited edition coins

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