13
Nov
2017

$4 billion gold sale in minutes saw gold fall 1% Friday but 0.5% higher last week

Gold and Silver Bullion – News and Commentary

Gold takes a leg lower, but hangs on for first weekly gain in a month (Marketwatch )

Gold prices trade in range, but US rate hike view weighs (CNBC.com)

Asia Stocks Mixed; Pound Slides With May Pressured (Bloomberg)

Saudi Arabia Credit Risk Surges Most in Almost Two Years (Bloomberg)

Mysterious Gold Trades of 4 Million Ounces Spur Price Plunge (Bloomberg)

Bitcoin Plunges 29% From Record High (Bloomberg)

Source: Bloomberg

Gold Slammed After Someone Pukes $4 Billion Notional In Gold Futures (Zerohedge)

How Germany Got Its Gold Back (FT.com)

BIS gold swaps rose substantially in October (Gata.org)

Why doesn’t gold get the respect it deserves? (Mining.com)

The Two High-Growth Sectors That Could Outperform Tech (Visual Capitalist)

If The Saudi Arabia Situation Doesn’t Worry You, You’re Not Paying Attention (Zerohedge)

Here’s why investors look too complacent about the Powell Fed (Marketwatch)

Gold Prices (LBMA AM)

10 Nov: USD 1,284.45, GBP 976.44 & EUR 1,102.19 per ounce
09 Nov: USD 1,284.00, GBP 980.98 & EUR 1,106.29 per ounce
08 Nov: USD 1,282.25, GBP 976.82 & EUR 1,105.43 per ounce
07 Nov: USD 1,276.35, GBP 970.92 & EUR 1,103.28 per ounce
06 Nov: USD 1,271.60, GBP 969.72 & EUR 1,095.61 per ounce
03 Nov: USD 1,275.30, GBP 976.24 & EUR 1,094.59 per ounce
02 Nov: USD 1,276.40, GBP 965.09 & EUR 1,095.92 per ounce

Silver Prices (LBMA)

10 Nov: USD 17.00, GBP 12.92 & EUR 14.60 per ounce
09 Nov: USD 17.10, GBP 13.03 & EUR 14.69 per ounce
08 Nov: USD 17.00, GBP 12.96 & EUR 14.65 per ounce
07 Nov: USD 17.01, GBP 12.95 & EUR 14.70 per ounce
06 Nov: USD 16.92, GBP 12.90 & EUR 14.59 per ounce
03 Nov: USD 17.09, GBP 13.05 & EUR 14.67 per ounce
02 Nov: USD 17.08, GBP 12.98 & EUR 14.66 per ounce


Recent Market Updates

– Gold Coins and Bars Saw Demand Rise 17% to 222T in Q3
– Prepare For Interest Rate Rises And Global Debt Bubble Collapse
– Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’
– World’s Largest Gold Producer China Sees Production Fall 10%
– German Investors Now World’s Largest Gold Buyers
– Gold Price Reacts as Central Banks Start Major Change
– Why Switzerland Could Save the World and Protect Your Gold
– Invest In Gold To Defend Against Bail-ins
– Stumbling UK Economy Shows Importance of Gold
– Wozniak and Thiel Fuel Bitcoin-Gold Debate: Gold Comes Out On Top
– Russia Buys 34 Tonnes Of Gold In September
– Gold Will Be Safe Haven Again In Looming EU Crisis
– Gold Is Valuable Due to “Extreme Rarity” – Must See CNN Video

Mark O'Byrne
Executive Director