26
Aug
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold faces selling pressure, silver tumbles (CNBC)

Gold steady above 4-week lows as dollar slips ahead of Yellen speech (CNBC)

Gold Near One-Month Low as Investors in Waiting-for-Yellen Mode (Bloomberg)

Gold Believers From Soros to UBS Lose Faith in Miners’ Gain (Bloomberg)

German business confidence falls post-Brexit, says Ifo (BBC)

Gold Wins in Three out of Four Scenarios – None of them bode well for the economy (TheEpochTimes)

Punch-Drunk Gold Investors Eye Yellen, Driving Volumes to Low (Bloomberg)

Gold Standard “Comes After War, Not Before” – Macquarie (Zerohedge)

French support for the EU project is crumbling on the Left and Right (Telegraph)

Why Athletes Bite Their Gold Medals? (Business Insider)

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Gold Prices (LBMA AM)

26Aug: USD 1,324.90, GBP 1,002.95 & EUR 1,173.33 per ounce
25Aug: USD 1,324.50, GBP 1,001.06 & EUR 1,172.98 per ounce
24Aug: USD 1,337.30, GBP 1,010.73 & EUR 1,185.38 per ounce
23Aug: USD 1,338.50, GBP 1,015.25 & EUR 1,181.09 per ounce
22Aug: USD 1,334.30, GBP 1,018.20 & EUR 1,181.26 per ounce
19Aug: USD 1,346.85, GBP 1,026.30 & EUR 1,189.67 per ounce
18Aug: USD 1,347.10, GBP 1,023.93 & EUR 1,190.84 per ounce

Silver Prices (LBMA)

26Aug: USD 18.67, GBP 14.15 & EUR 16.54 per ounce
25Aug: USD 18.50, GBP 14.02 & EUR 16.39 per ounce
24Aug: USD 18.84, GBP 14.23 & EUR 16.70 per ounce
23Aug: USD 18.98, GBP 14.40 & EUR 16.75 per ounce
22Aug: USD 18.91, GBP 14.45 & EUR 16.74 per ounce
19Aug: USD 19.42, GBP 14.80 & EUR 17.14 per ounce
18Aug: USD 19.78, GBP 15.04 & EUR 17.47 per ounce


Recent Market Updates

– Gold Futures See Massive $1.5 Billion “Non Profit” Liquidation In “One Minute”
– Jim Grant Is “Very Bullish On Gold”
– Germans Warned To ‘Stockpile’ Cash In Case Of ‘War’
– Ireland’s Biggest Bank Charging Depositors – Negative Interest Rate Madness
– Rothchilds Buying Gold On “Greatest Experiment” With Money In “History of the World”
– Gold – “Mother of All Bull Markets Has Only Just Begun” – Grandich
– 45th Anniversary Of Nixon Ending The Gold Standard
– Gold In UK Pounds Collapses 38% Versus Gold and 56% Versus Silver Year To Date
– Will Ireland Be First Country In World To See Bail-in Regime?
– Money “Madness” Negative Interest Rates Sees Gold Buying Surge
– Gold Investment Demand Reaches Record In First Half 2016 On “Perfect Storm”
– Peak Gold – Did Gold Production Peak in 2015?
– Financial Times: “Victory For Gold Bulls Is Only Just Beginning”

Mark O'Byrne
Executive Director