22
Dec
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold steady as dollar edges away from 14-year peak (Reuters.com)

India Said to Consider Lowering Gold Import Tax to 6% From 10% (Bloomberg.com)

Gold Futures Little Changed, But Lower Dollar Lends Some Support (EconomicCalendar.com)

Investors shun Italian bank Monte Paschi’s share offer (Reuters.com)

Italy approves €20 billion bailout fund – MPS closer to collapse (MarketWatch.com)

Yuan Collapse Sends China Physical Gold Premium Soaring To 3-Year Highs (ZeroHedge.com)

Gold: The Wait For Inauguration Day (321Gold.com)

The Most Hated Asset On The Planet – Gold (TheMacraTourist.com)

Krugman’s Latest Conspiracy: Trump Is A Gold Bug (Mises.org)

Why modern monetary policy doesn’t work – the models it uses are horribly out of date (MoneyWeek.com)

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Gold Prices (LBMA AM)

22 Dec: USD 1,130.55, GBP 916.20 & EUR 1,080.47 per ounce
21 Dec: USD 1,134.40, GBP 919.20 & EUR 1,091.07 per ounce
20 Dec: USD 1,132.75, GBP 915.94 & EUR 1,090.84 per ounce
19 Dec: USD 1,137.60, GBP 913.15 & EUR 1,089.14 per ounce
16 Dec: USD 1,134.85, GBP 911.17 & EUR 1,084.80 per ounce
15 Dec: USD 1,132.45, GBP 904.37 & EUR 1,080.70 per ounce
14 Dec: USD 1,160.95, GBP 917.38 & EUR 1,091.99 per ounce

Silver Prices (LBMA)

22 Dec: USD 15.77, GBP 12.78 & EUR 15.10 per ounce
21 Dec: USD 16.03, GBP 12.96 & EUR 15.40 per ounce
20 Dec: USD 15.80, GBP 12.80 & EUR 15.22 per ounce
19 Dec: USD 16.00, GBP 12.89 & EUR 15.34 per ounce
16 Dec: USD 16.05, GBP 12.91 & EUR 15.36 per ounce
15 Dec: USD 16.14, GBP 12.95 & EUR 15.51 per ounce
14 Dec: USD 17.11, GBP 13.52 & EUR 16.07 per ounce


Recent Market Updates

– China Gold and Precious Metals Summit 2016 – GoldCore Presentation
– Trumpenstein ! Who Created Him and Why?
– Bail-Ins Coming? World’s Oldest Bank “Survival Rests On Savers”
– Fed’s “Fool Me…”, Silver Suppression, Euro Contagion In 2017?
– Fed Raised Rates 0.25% – Rising Rates Positive For Gold
– Shariah Gold Standard Is “Revolutionary” – Mobius
– Silver Fixing By Banks Proven In Traders Chats
– Euro Crisis and Contagion Coming In 2017
– ECB ‘Bazooka’ Reloaded Until At Least December 2017 – Euro Gold Rises 1%; 13% YTD
– UK £6 Billion Worse Off After Multi Billion Pound Gold “Accounting Error”
– Buy Silver – May Replace Gold As Money In India
– Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market
– Potential “Systemic Crisis In Eurozone” After Italy Votes No, Renzi Resigns

Mark O'Byrne
Executive Director