Friday, April 8, 2016

Gold

Gold: Set for best week in five
http://www.businesstimes.com.sg/energy-commodities/gold-poised-for-best-week-in-five-on-cautious-fed-safe-haven-demand

- Some profit taking today after yesterday's sharp gains; bullion +16% in 1Q16
- Investors flocking to gold on dovish Fed, safe haven demand

- Plays on gold:
SG-listed miners: CNMC Goldmine, Anchor
Other gold miners: Newmont Mining (US), Direxion Daily Gold Miners Index Bull 3X Shares (ETF), Market Vectors Gold Miners (ETF)
Gold ETFs: iShare Gold Trust, SPDR Gold Shares, Physical Swiss Gold Shares.

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