31
Aug
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold Heads for Monthly Decline as Fed Rate Fears Damp Its Appeal (Bloomberg)

Gold ends at 2-month low as Fed comments fuel dollar’s climb (MarketWatch)

Russian bank Otkritie starts gold bars sales on Shanghai Exchange (Reuters)

Euro zone economic confidence worsens more than predicted (Reuters)

Irish government faces threat of split after EU’s Apple ruling (IrishTimes)

Here’s how the Fed and others will drive gold to $1,700 (MarketWatch)

Gold may be worth more than the spot price (BusinessInsider)

Dutch central bank hides gold bar list to conceal leasing – Suckecki (GoldChat)

Why Britain’s pension crisis will wreck your investments (Telegraph)

Central bankers to governments: Time to spend, spend, spend (MoneyWeek)

7RealRisksBlogBanner

Gold Prices (LBMA AM)

31Aug: USD 1,314.45, GBP 1,000.30 & EUR 1,179.19 per ounce
30Aug: USD 1,318.85, GBP 1,008.39 & EUR 1,180.90 per ounce
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

Silver Prices (LBMA)

31Aug: USD 18.74, GBP 14.27 & EUR 16.82 per ounce
30Aug: USD 18.78, GBP 14.35 & EUR 16.82 per ounce
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


Recent Market Updates

– “Why Case Against Gold Is Wrong” – James Rickards
– Obama To Leave $20 Trillion Debt Crisis For Clinton Or Trump
– Gold Bullion Averages Biggest Seasonal Gains in September Over Past 20 Years
– 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

Mark O'Byrne
Executive Director