04
Jul
2017

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold looking `vulnerable’ — drops to seven-week low (Bloomberg.com)

Gold marks lowest finish in nearly 8 weeks (MarketWatch.com)

Gold hits 8-week low as US bond yields spike (Investing.com)

U.S. Mint’s 1st-Half Sales of American Eagle Gold Coins Weakest Since 2007 (Reuters.com)

North Korea says intercontinental ballistic missile test successful (Reuters.com)

Source: Zerohedge

Longest squeeze on household incomes since 1970s – ONS (Independent.co.uk)

Can the Bank get Britain to kick its cheap credit habit? (TheGuardian.com)

Nasdaq Triggers Market-Wide Circuit-Breaker As AMZN “Crashes” 87% After-Hours (ZeroHedge.com)

Saudi-Qatar rift has elements of world war potential (Gefira.org)

No ‘shock’ if stocks fall 25% and gold soars 50% by October – Ron Paul (CNBC.com)

Gold Prices (LBMA AM)

04 Jul: USD 1,224.25, GBP 947.32 & EUR 1,078.81 per ounce
03 Jul: USD 1,235.20, GBP 952.09 & EUR 1,085.00 per ounce
30 Jun: USD 1,243.25, GBP 957.43 & EUR 1,090.83 per ounce
29 Jun: USD 1,246.60, GBP 959.88 & EUR 1,093.14 per ounce
28 Jun: USD 1,251.60, GBP 976.25 & EUR 1,101.91 per ounce
27 Jun: USD 1,250.40, GBP 980.31 & EUR 1,111.36 per ounce
26 Jun: USD 1,240.85, GBP 975.56 & EUR 1,109.32 per ounce

Silver Prices (LBMA)

04 Jul: USD 16.15, GBP 12.48 & EUR 14.23 per ounce
03 Jul: USD 16.48, GBP 12.72 & EUR 14.49 per ounce
30 Jun: USD 16.47, GBP 12.69 & EUR 14.44 per ounce
29 Jun: USD 16.83, GBP 12.98 & EUR 14.76 per ounce
28 Jun: USD 16.78, GBP 13.08 & EUR 14.78 per ounce
27 Jun: USD 16.66, GBP 13.07 & EUR 14.79 per ounce
26 Jun: USD 16.53, GBP 12.98 & EUR 14.79 per ounce


Recent Market Updates

– Gold Up 8% In First Half 2017; Builds On 8.5% Gain In 2016
– Pensions Timebomb In America – “National Crisis” Cometh
– London Property Bubble Bursting? UK In Unchartered Territory On Brexit and Election Mess
– Shrinkflation – Real Inflation Much Higher Than Reported
– Goldman, Citi Turn Positive On Gold – Despite “Mysterious” Flash Crash
– Worst Crash In Our Lifetime Coming – Jim Rogers
– Go for Gold – Win a beautiful Gold Sovereign coin
– Only Gold Lasts Forever
– Your Future Wealth Depends on what You Decide to Keep and Invest in Now
– Inflation is no longer in stealth mode
– James Rickards: Gold Will Start Heading Higher On “Dwindling” Supply
– Billionaires Invest In Gold
– Brexit and UK election impact UK housing

Mark O'Byrne
Executive Director