02
Aug
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold Set to Extend Gains – Industry Says (Bloomberg)

Gold Prices Gain in Quiet Trade (WSJ)

Silver futures closes at 2-year high; gold ends up (Marketwatch)

Gold steady as U.S. rate hike expectations cool (Reuters)

Indians plow 2.95 tonnes of gold into banks (Mining.com)

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It’s August and these are the five biggest risks for markets (Telegraph)

Curious Pattern of Comex “Deliveries” (TF Metals )

A golden rescue on the Comex? (Goldseek)

Morgan Stanley warns currency traders that worst is still to come for dollar (Bloomberg)

Why China and Russia are buying so much gold (Marketwatch)

Gold Prices (LBMA AM)

2August: USD 1,358.15, GBP 1,025.13 & EUR1,213.10 per ounce
29July: USD 1,332.50, GBP 1,012.03 & EUR1,200.18 per ounce
28July: USD 1,341.30, GBP 1,017.64 & EUR1,208.78 per ounce
27July: USD 1,320.8, GBP 1,077.77 & EUR1,200.21 per ounce
26July: USD 1,321.25, GBP 1,006.40 & EUR1,199.56 per ounce
25July: USD 1,315.00, GBP 1,000.32 & EUR1,196.91 per ounce
22July: USD 1,323.20, GBP 1,005.10 & EUR1,199.22 per ounce

Silver Prices (LBMA)

2August: USD 20.71, GBP 15.65 & EUR18.51 per ounce
29July: USD 20.4, GBP 15.2 & EUR18.03 per ounce
28July: USD 20.41, GBP 15.51 & EUR18.41 per ounce
27July: USD 19.58, GBP 14.95 & EUR17.81 per ounce
26July: USD 19.68, GBP 15 & EUR17.89 per ounce
25July: USD 19.41, GBP 14.77 & EUR17.66 per ounce
22July: USD 19.70, GBP 15.03 & EUR17.87 per ounce


Recent Market Updates

– Trump, Clinton, “Ugliest” Election Coming
– 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
– 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”
– Stocks Rally – Is Brexit Systemic Risks Contained?
– Britain has a new prime minister – here’s what that means for you

Mark O'Byrne
Executive Director