Category: Daily Market Update

07
Sep
2017

“Sum of All Fears” Restores Investors’ Faith in Gold

Gold and Silver Bullion – News and Commentary Gold holds steady amid softer dollar (Reuters.com) Stocks Rise, Treasuries Fall on Debt-Ceiling Deal (Bloomberg.com) Trump cuts deal with Democrats in Congress to avert immediate budget and debt crisis (LATimes.com) Fed’s Beige Book finds worry about health of U.S. auto industry (MarketWatch.com) Fischer to Step Down in Mid-October […]

Continue Reading
06
Sep
2017

London property, bitcoin and vintage car bubbles

Gold and Silver Bullion – News and Commentary Gold up for fifth straight day as geopolitical concerns persist (Reuters) Asian Stocks Fall as North Korea Worries Persist (Bloomberg) Gold Outshines Bitcoin After N. Korea Bomb Test & China ICO Ban (Barrons) U.S. stocks pummeled by policy uncertainty, North Korea tensions (Marketwatch ) Fed governor urges central […]

Continue Reading
05
Sep
2017

Ethereum, Bitcoin Crash After China Declares Initial Coin Offerings Illegal

Gold and Silver Bullion – News and Commentary Gold eases from near 1-year high as dollar steadies (Reuters) Safe Havens Maintain Gains as Korea Threats Linger (Bloomberg) Gold Prices Jump On Fresh North Korean Fears, Long Positions Increase Further (Economics Calendar) Perth Mint Silver sales slump to one-year low; Gold sales down 2.3% (Scrap Register) China’s […]

Continue Reading
04
Sep
2017

Gold Surges To $1338 as U.S. Warns of ‘Massive’ Military Response

Gold and Silver Bullion – News and Commentary Gold Surges To $1338 as U.S. Warns of ‘Massive’ Military Response (Reuters) Asian Stocks Fall, Yen Jumps After Korea Bomb Test (Bloomberg) Yen, bonds and gold gain after North Korea tests ‘hydrogen bomb’ (Reuters) Gas, Gold Are Boosted by Geopolitical Tensions (Bloomberg) President Trump denounces North Korea’s ‘hostile, […]

Continue Reading
01
Sep
2017

From Stocks to Bonds, the Bear-Market Signals Are Multiplying

Gold and Silver Bullion – News and Commentary Gold up 4% in August – largest monthly gain since January (Marketwatch) Gold steady near 9-1/2 month highs as N.Korea tensions persist (Reuters) Gold Scores Fifth Monthly Increase; US Mint Bullion Sales Slow in August (Coin News) Gold edges lower, but N.Korea worries lend support (Nasdaq) Massive wartime […]

Continue Reading
31
Aug
2017

From Stocks to Bonds, the Bear-Market Signals Are Multiplying

Gold and Silver Bullion – News and Commentary Gold reverses a dip below $1300 mark (FX Street) Buffett Says Stocks Are ‘Less Attractive’ But Still Beat Bonds (Bloomberg) Gold eases as dollar gains on strong economic data (Reuters.com) U.S. Second-Quarter Growth Revised to 3% in Momentum Boost (Bloomberg) U.S. private sector added most workers in five […]

Continue Reading
30
Aug
2017

Gold to surge to $1,400 by early 2018 as rates stay low – Bank of America

Gold and Silver Bullion – News and Commentary Gold slips on stronger dollar; geopolitical risks support (Reuters.com) Asian markets rebound, shrugging off North Korea tensions (Marketwatch.com) Crude slips, gasoline jumps as storm shuts a fifth of U.S. fuel output (Reuters.com) ICE to take over London silver benchmark on Sept. 25 (Reuters.com) Wall Street insiders sell bank […]

Continue Reading
29
Aug
2017

Gold Rise Is “Trend We’ll Continue To See Until Data Or Politics Changes”

Gold and Silver Bullion – News and Commentary Gold climbs to 9-1/2 month high on rising North Korea tensions (Reuters.com) Gold Jumps on Haven Demand as N. Korea Lobs Missile Across Japan (Bloomberg.com) Asian markets jolted by North Korean missile test over Japan (Marketwatch.com) North Korea fires missile over Japan, sharply escalating tensions (Reuters.com) Stocks Drop, […]

Continue Reading
28
Aug
2017

Gold Recovers From Latest “Mysterious” 2-Million-Ounce Trade

Gold and Silver Bullion – News and Commentary Gold rises to 1-week high after Yellen’s speech (Reuters.com) Enigmatic 1-Minute Selloff Sends Gold Spiralling Downward (SputnikNews.com) Saudi factory stitches gold-laced cover for Islam’s holiest site (Reuters.com) Third time lucky for Hong Kong bourse as gold futures trading gets off to a glittering start (SCMP.com) Gold recovers from […]

Continue Reading
25
Aug
2017

U.S. Stocks Not As Overvalued Since 1929 and 2000

Gold and Silver Bullion – News and Commentary Gold steady ahead of central bank speeches at Jackson Hole (Reuters.com) Gold price remains dull on futures correction (DailyTimes.com.pk) Gold settles lower as investors look to Jackson Hole (MarketWatch.com) U.S. Stocks Fluctuate Before Yellen; Oil Declines (Bloomberg.com) Dixons Carphone Plunges as Mobile Slowdown Leads to Warning (Bloomberg.com) Gold […]

Continue Reading