28
Jul
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Hong Kong’s new gold rush: ‘Big Mother’ investors from mainland China buy big (SCMP)

Gold extends gains after Fed holds interest rates steady (Reuters)

Gold Moves Higher After Fed Statement (Nasdaq)

Gold Gains as U.S. Durable Goods Data Underscore Growth Concerns (Bloomberg)

Dollar Extends Decline as European Stocks Slip; Metals Advance (Bloomberg)

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Why gold prices spiked after the Fed decision (Marketwatch)

‘Impending gold production cliff’ may deliver a jolt to prices (Marketwatch)

Gold Flood Consolidates After Record Fund Inflows: Chart (Bloomberg)

European banks prepare for possible shockwaves from stress test results (TheGuardian)

Is this the beginning of the end for cash?(MoneyWeek)

Gold Prices (LBMA AM)

28 July: USD 1,341.30, EUR 1,208.78 & GBP 1,017.64 per ounce
27 July: USD 1,320.80, EUR 1,200.21 & GBP 1,007.77 per ounce
26 July: USD 1,321.25, EUR 1,199.56 & GBP 1,006.40 per ounce
25 July: USD 1,315.00, EUR 1,196.91 & GBP 1,000.32 per ounce
22 July: USD 1,323.20, EUR 1,199.22 & GBP 1,005.10 per ounce
21 July: USD 1,322.00, EUR 1,199.32 & GBP 1,000.75 per ounce
20 July: USD 1,325.60, EUR 1,204.31 & GBP 1,005.86 per ounce

Silver Prices (LBMA)

28 July: USD 20.41, EUR 18.41 & GBP 15.51 per ounce
27 July: USD 19.58, EUR 17.81 & GBP 14.95 per ounce
26 July: USD 19.68, EUR 17.89 & GBP 15.00 per ounce
25 July: USD 19.41, EUR 17.66 & GBP 14.77 per ounce
22 July: USD 19.70, EUR 17.87 & GBP 15.03 per ounce
21 July: USD 19.34, EUR 17.55 & GBP 14.66 per ounce
20 July: USD 19.70, EUR 17.88 & GBP 14.95 per ounce


Recent Market Updates

– Marc Faber: Invest 25% Of Investment Portfolios In Gold Bullion
– “Could Not Invent A More Bullish Story For Gold Bullion”
– Gold In Bull Market – “Every Reason For It To Continue” – Frisby In Money Week
– Is Gold Set To Hit $1,500 Per Ounce?
– Why Italy’s bank crisis could be a ‘ticking time bomb’
– Gold Holds Near Two-Week Low as Risk Appetite Rises on U.S. Data
– IMF Scraps Forecast for Global-Growth Pickup on Brexit Fallout
– Gold, Trump and Rates: Bank That Foresaw Rally Flags $1,500
– Gold Lower After Central Bank’s Surprise Move
– “We Are On the Cusp of an Explosion in the Silver Price” – John Embry

– Stocks Rally – Is Brexit Systemic Risks Contained?
– Britain has a new prime minister – here’s what that means for you
– Metals Caught Between Global Gloom, U.S. Job Gains as Gold Slips

Mark O'Byrne
Executive Director