Category: Daily Market Update

18
Oct
2017

Goldman Sachs Says Gold Is Better Than Bitcoin

Gold and Silver Bullion – News and Commentary Goldman Sachs Says Gold Is Better Than Bitcoin (Bloomberg.com) Gold prices inch up from one-week low (Reuters.com) Dollar Rallies on Fed Outlook as Dow Tops 23,000 (Bloomberg.com) U.S. import prices surge 0.7% in September (MarketWatch.com) Gold options trading begins in India (IndiaTimes.com) Source: Bloomberg via UK.investing.com Buy Platinum […]

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17
Oct
2017

Global Trade Slowdown Is a Reason to Buy Gold – HSBC

Gold and Silver Bullion – News and Commentary Gold prices hold steady amid firm dollar (Reuters.com) Asian Stocks to Gain as Fed Chair Talk Hits Bonds (Bloomberg.com) Oil Leads Commodities Rally as Treasuries Decline (Bloomberg.com) Palladium Tops $1,000 for First Time Since 2001 (Bloomberg.com) U.K. Inflation Climbs to 5 1/2-Year High on Food, Transport (Bloomberg.com) Source: […]

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16
Oct
2017

Gold Tops $1300 As Post-Golden Week Surge Continues

Gold and Silver Bullion – News and Commentary Gold Gets Its Sparkle Back In Time for India’s Diwali (Bloomberg.com) Gold eases amid firm dollar, stronger equities (Reuters.com) Stocks in Asia Advance as U.S. Inflation Slows (Bloomberg.com) Asian shares conquer new peaks, oil up on Iraq tensions (Reuters.com) Nikkei continues to surge, leading Asian market gains (MarketWatch.com) […]

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13
Oct
2017

Bitcoin Breaches New Milestone by Smashing Past $5,000 Mark

Gold and Silver Bullion – News and Commentary Gold rally pauses ahead of U.S. inflation data (Reuters.com) Dollar Snaps Four-Week Rally as Stocks Consolidate (Bloomberg.com) Inflation weighs on yields, dollar; stocks lackluster (Reuters.com) U.S. producer prices increase; weekly jobless claims fall (Reuters.com) Bitcoin Breaches New Milestone by Smashing Past $5,000 Mark (Bloomberg.com) Bitcoins surges to new […]

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12
Oct
2017

3 Reasons World Could Turn Its Back on the U.S. Dollar

Gold and Silver Bullion – News and Commentary Gold prices touch two-week high amid subdued U.S. dollar (Reuters.com) Gold extends gains after latest Fed meeting minutes (Reuters.com) Dollar Falls, Stocks Hit Record as Fed Seen Dovish (Bloomberg.com) Russian central bank may boost gold trading on Moscow exchange (Reuters.com) China will ‘compel’ Saudis to trade oil in […]

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11
Oct
2017

Gold A Good Hedge Against Against Market Turmoil

Gold and Silver Bullion – News and Commentary Gold gains on weaker dollar (Reuters) Stocks Gain, With Japan at Decade High; Euro Rise: Markets Wrap (Bloomberg) China Is Said to Meet Bankers for First Dollar Bond Since 2004 17 (Bloomberg) Chinese central-bank chief talks of reforms aimed at lifting yuan’s status (Marketwatch) LME to expand trading […]

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10
Oct
2017

Italy Will Default And Create Next Deflationary Crisis

Gold and Silver Bullion – News and Commentary Gold marks over 1-week high; firm dollar curbs gains (Reuters.com) South Korea stocks surge, leading Asian market gains (MarketWatch.com) Germany, China lift world stocks, Spanish worries simmer (Reuters.com) U.S. Stocks Slip, Dollar Mixed as Gold Advances (Bloomberg.com) Jewelers Rally on Indian Rule Reversal as Peak Gold Season Looms […]

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09
Oct
2017

Gold Readying to Rally

Gold and Silver Bullion – News and Commentary Gold gains amid renewed North Korea fears (Reuters.com) Chinese stocks rise after weeklong holiday (MarketWatch.com) No Angst Seen Among Indian Investors as Local Flows Accelerate (Bloomberg.com) Corker says he worries Trump’s recklessness could lead to ‘World War III’ (MarketWatch.com) Dollar down from 12-week high vs yen as North […]

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06
Oct
2017

Gold Investment In Germany Surges To €6.8B In 2016

Gold and Silver Bullion – News and Commentary Gold prices steady ahead of U.S. payrolls data (Reuters.com) Gold settles lower, builds on a weekly loss (MarketWatch.com) U.S. jobless claims fall; rise in exports helps narrow trade deficit (Reuters.com) Crypto Coin Sales Get Fresh Regulatory Scrutiny as ECB Weighs In (Bloomberg.com) US Mint Gold-Coin Sales Drop to […]

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05
Oct
2017

Gold-Backed Etfs Increased By 22.4t In September To 2,357t In Global Holdings

Gold and Silver Bullion – News and Commentary Gold steady ahead of U.S. jobs data (Reuters.com) Nikkei swings to slight gains as other Asian markets rise (Reuters.com) Aussie Drops in Listless Asia Trading; Stocks Flat (Bloomberg.com) Paulson Says Sprott, Others Keen to Join Gold-Investors Group (Bloomberg.com) Gold pares gains as dollar comes off lows on U.S. […]

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