Gold trading volumes continue to rise

Gold trading volumes have increased globally for three consecutive months.

In November, this amounted to an average of $290 billion. Despite a decline in the gold price, this still represents an 8% increase compared to October. The main drivers were the futures trading volumes on the COMEX and the Shanghai Futures Exchange. Additionally, global gold ETF volumes rose significantly. North America led the growth, while global OTC gold trading (over-the-counter trading) saw a decline compared to the previous month. The weak gold price may have negatively impacted gold futures trading. Overall, however, global gold ETF inflows have remained positive in 2024. Notably, Indian gold ETFs recorded inflows for the eighth consecutive month in November, signaling a positive outlook for gold in India. Meanwhile, ETF demand in Europe has remained low for months.

Investing in the gold mining sector can be done through ETFs, offering the opportunity to invest without selecting individual gold mining stocks. Royalty companies present a particularly excellent investment opportunity. They allow for broad diversification and come with unique advantages. Mining risks are borne by their partner companies. Factors like rising labor and energy costs or budget overruns do not directly impact royalty companies. Unlike miners, royalty companies do not extract gold themselves or operate mines—they provide funding to mining operators. Well-positioned royalty companies with highly diversified portfolios include Osisko Gold Royalties and Gold Royalty.

Osisko Gold Royaltieshttps://www.commodity-tv.com/ondemand/companies/profil/osisko-gold-royalties-ltd/ – is focuses on gold and copper, boasting a rich portfolio primarily centered in North America. Its highlights include a royalty on the Canadian Malartic Complex, one of Canada’s largest gold mines.

Gold Royaltyhttps://www.commodity-tv.com/ondemand/companies/profil/gold-royalty-corp/ – Operating in South and North America, this royalty and streaming company specializes in precious metals. During the first nine months of 2024, it achieved record revenues.

For current corporate updates and press releases, visit Osisko Gold Royalties (- https://www.resource-capital.ch/de/unternehmen/osisko-gold-royalties-ltd/ -) and Gold Royalty (- https://www.resource-capital.ch/de/unternehmen/gold-royalty-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.

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