08
Mar
2017

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold steady near lowest in over four weeks, rate hike outlook drags (Reuters.com)

Gold Executives Say Good Assets Are ‘Hard to Come By’ (Bloomberg.com)

U.S. Stocks Slump With Bonds as Dollar Fluctuates (Bloomberg.com)

Trade Deficit in U.S. Widens to Largest in Almost Five Years (Bloomberg.com)

China gold reserves unchanged at 59.24 mln fine troy oz at end Feb (Reuters.com)

One of Rarest Precious Metals Is on Best Run in a Decade (Bloomberg.com)

Bitcoin at record but has yet to prove it is a store of value (Bloomberg.com)

Quarter of Mexico’s Gold Reserve is ‘Unallocated’ at Bank of England (Guillermobarba.com)

China’s Pain Could Be Gold Investors’ Gain (ValueWalk.com)

The Path to $10,000 Gold (Dailyreckoning.com)

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Gold Prices (LBMA AM)

08 Mar: USD 1,213.30, GBP 997.70 & EUR 1,149.00 per ounce
07 Mar: USD 1,223.70, GBP 1,003.56 & EUR 1,157.62 per ounce
06 Mar: USD 1,231.15, GBP 1,004.74 & EUR 1,162.82 per ounce
03 Mar: USD 1,228.75, GBP 1,005.12 & EUR 1,168.05 per ounce
02 Mar: USD 1,243.30, GBP 1,013.17 & EUR 1,181.14 per ounce
01 Mar: USD 1,246.05, GBP 1,007.18 & EUR 1,182.50 per ounce
28 Feb: USD 1,251.90, GBP 1,006.90 & EUR 1,180.79 per ounce

Silver Prices (LBMA)

08 Mar: USD 17.40, GBP 14.32 & EUR 16.48 per ounce
07 Mar: USD 17.70, GBP 14.52 & EUR 16.74 per ounce
06 Mar: USD 17.81, GBP 14.53 & EUR 16.83 per ounce
03 Mar: USD 17.66, GBP 14.44 & EUR 16.76 per ounce
02 Mar: USD 18.33, GBP 14.93 & EUR 17.42 per ounce
01 Mar: USD 18.33, GBP 14.89 & EUR 17.40 per ounce
28 Feb: USD 18.28, GBP 14.70 & EUR 17.24 per ounce


Recent Market Updates

– Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated
– “Think About and Prepare For” Euro Catastrophe
– Silver On Sale – 4% Fall On Massive $2 Billion of Futures Selling
– Trump Avoid Debt Crisis ? “Extremely Unlikely” – Rickards
– Art Market Bubble Bursting – Gauguin Priced At $85 Million Collapses 74%
– Gold’s Value – Weight, Beauty, Rarity, Peak Gold and Secure Storage – Interview
– Oscars Debacle – Movies More Costly As Dollar Devalued
– Gold Up 9% YTD – 4th Higher Weekly Close and Breaks Resistance At $1,250/oz
– The Oscars – Worth Their Weight in Gold?
– Gold To Benefit from Rising Inflation and Higher Than “Official” China Gold Demand
– Russia Gold Buying Is Back – Buys One Million Ounces In January
– Gold The “Ultimate Insurance Policy” as “Grave Concerns About Euro” – Greenspan
– Sharia Standard May See Gold Surge

Mark O'Byrne
Executive Director