08
Aug
2017

China’s Gold Reserves To Surpass 4,000 Tons

Gold and Silver Bullion – News and Commentary

Gold finishes slightly higher, avoids 4-session skid (MarketWatch.com)

China’s Gold reserves to surpass 4,000 tons (GlobalTimes.cn)

China FX reserves unexpectedly hit 9-month, Gold reserves rose to $75.1B from $73.6B in (Reuters.com)

World stocks reach new peak in world full of surprises (Reuters.com)

Payment in Gold Bullion Banned Under New Law to Combat Tax Evasion (TheGuardian.com)

SGE Withdrawals were 144.71 tonnes for the month of July. Source:Goldchartsrus

Four Top Primary Silver Miners Production Plummets (SRSRoccoReport.com)

Key Test Ahead In Silver (SilverSeek.com)

Gold in Stealth Mode (AgoraFinancial.com)

Cashed-Up Australian Gold Miners Set to Take Deals Global (Bloomberg.com)

Fed Enabled Corporate Kingpins To Scalp Billions (DailyReckoning.com)

Gold Prices (LBMA AM)

08 Aug: USD 1,261.45, GBP 967.78 & EUR 1,068.20 per ounce
07 Aug: USD 1,257.55, GBP 963.41 & EUR 1,065.90 per ounce
04 Aug: USD 1,269.30, GBP 964.92 & EUR 1,068.37 per ounce
03 Aug: USD 1,261.80, GBP 952.41 & EUR 1,064.96 per ounce
02 Aug: USD 1,266.65, GBP 956.83 & EUR 1,069.56 per ounce
01 Aug: USD 1,267.05, GBP 957.76 & EUR 1,072.30 per ounce
31 Jul: USD 1,266.35, GBP 965.59 & EUR 1,079.06 per ounce

Silver Prices (LBMA)

08 Aug: USD 16.39, GBP 12.57 & EUR 13.87 per ounce
07 Aug: USD 16.13, GBP 12.35 & EUR 13.67 per ounce
04 Aug: USD 16.70, GBP 12.71 & EUR 14.07 per ounce
03 Aug: USD 16.47, GBP 12.50 & EUR 13.91 per ounce
02 Aug: USD 16.67, GBP 12.60 & EUR 14.09 per ounce
01 Aug: USD 16.74, GBP 12.67 & EUR 14.17 per ounce
31 Jul: USD 16.76, GBP 12.77 & EUR 14.29 per ounce


Recent Market Updates

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Mark O'Byrne
Executive Director