John Reade (@jreade_wgc) 's Twitter Profile
John Reade

@jreade_wgc

Market Strategist at the World Gold Council

ID: 899661698335944704

linkhttp://www.gold.org calendar_today21-08-2017 15:57:18

11,11K Tweet

12,12K Followers

1,1K Following

John Reade (@jreade_wgc) 's Twitter Profile Photo

Good morning, I hope you all had a nice restful long weekend. #gold did not take much of a break, trading sharply higher over the past few days and touching $3,500/oz in late Asian trading.

Good morning, I hope you all had a nice restful long weekend.

#gold did not take much of a break, trading sharply higher over the past few days and touching $3,500/oz in late Asian trading.
John Reade (@jreade_wgc) 's Twitter Profile Photo

There's other evidence of ongoing, strong Chinese investment demand for #gold. SGE 9999 turnover remains bouyant, nearing the levels seen in Q1-24 despite much less jewellery interest at the moment. Premiums are firm too...

There's other evidence of ongoing, strong Chinese investment demand for #gold. SGE 9999 turnover remains bouyant, nearing the levels seen in Q1-24 despite much less jewellery interest at the moment. 

Premiums are firm too...
John Reade (@jreade_wgc) 's Twitter Profile Photo

And in the final #gold chart for now, recent moves have led to the 14-day RSI to approach nearly 80. I'm not a techincal analyst by any means, but when moves have been so strong and sustained it does lead to some raised eyebrows. 🤨

And in the final #gold chart for now, recent moves have led to the 14-day RSI to approach nearly 80. I'm not a techincal analyst by any means, but when moves have been so strong and sustained it does lead to some raised eyebrows. 🤨
John Reade (@jreade_wgc) 's Twitter Profile Photo

As well as 25 new all-time highs for #gold, This has been keeping us busy over the past few weeks. #GoldDemandTrends released this morning.

John Reade (@jreade_wgc) 's Twitter Profile Photo

Nice article from Leslie Hook of the Financial Times about Chinese #gold ETF demand. Includes some comments from #GoldDemandTrends, which was released today. ft.com/content/08d91d…

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Just reading this article shows how much of a mess the copper smelting industry is in. #Gold (and sulphur) helping but overcapacity seems to be a huge problem.

WWNews (@whispersnewsltd) 's Twitter Profile Photo

Inconsiderate Public Urged To Please Think Of The Data Centres Before Watering Lawns waterfordwhispersnews.com/2025/05/14/inc…

Ghost of Hellas (@ghostofhellas) 's Twitter Profile Photo

A Minoan gold ring with spiral Linear A inscription, found in a high-status burial in the Mavrospelio Cemetery near Knossos in Crete, Greece. 1700-1600 BCE, now housed at the Heraklion Archaeological Museum

A Minoan gold ring with spiral Linear A inscription, found in a high-status burial in the Mavrospelio Cemetery near Knossos in Crete, Greece. 1700-1600 BCE, now housed at the Heraklion Archaeological Museum