13
Jul
2017

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold stretches streak of gains to a third session (MarketWatch.com)

Dollar dips after Yellen, loonie near 13-month high on BOC rate hike (Reuters.com)

Platinum demand faces massive impact from electric car growth: IPMI (Reuters.com)

U.S. Stocks, Bonds Jump on Go-Slow Fed; Oil Climbs (Bloomberg.com)

Janet Yellen Says Low Inflation Still Major Source of Uncertainty (Bloomberg.com)

Gold should probably be $5000-6000 per ounce: CME Group Chairman (FoxBusiness.com)

This hammered precious metal could surge 10 percent within months: Analyst (CNBC.com)

BoE regulator warns UK banks on accounting practices (FinancialTimes)

Credit market a bigger systemic risk than during 2008 crisis: Bank of England (Reuters.com)

Carillion’s lesson for investors: pay attention to short-sellers (MoneySeek.com)

Gold Prices (LBMA AM)

13 Jul: USD 1,221.40, GBP 944.51 & EUR 1,071.05 per ounce
12 Jul: USD 1,219.40, GBP 947.60 & EUR 1,064.29 per ounce
11 Jul: USD 1,211.90, GBP 938.98 & EUR 1,063.68 per ounce
10 Jul: USD 1,207.55, GBP 938.63 & EUR 1,060.11 per ounce
07 Jul: USD 1,220.40, GBP 944.47 & EUR 1,068.95 per ounce
06 Jul: USD 1,224.30, GBP 946.14 & EUR 1,077.51 per ounce
05 Jul: USD 1,221.90, GBP 945.87 & EUR 1,078.45 per ounce

Silver Prices (LBMA)

13 Jul: USD 15.95, GBP 12.34 & EUR 14.00 per ounce
12 Jul: USD 15.83, GBP 12.31 & EUR 13.82 per ounce
11 Jul: USD 15.51, GBP 12.02 & EUR 13.61 per ounce
10 Jul: USD 15.22, GBP 11.82 & EUR 13.36 per ounce
07 Jul: USD 15.84, GBP 12.29 & EUR 13.88 per ounce
06 Jul: USD 16.01, GBP 12.36 & EUR 14.09 per ounce
05 Jul: USD 15.95, GBP 12.36 & EUR 14.09 per ounce


Recent Market Updates

– India Gold Imports Surge To 5 Year High – 220 Tons In May Alone
– “Silver’s Plunge Is Nearing Completion”
– China, Russia Alliance Deepens Against American Overstretch
– Silver Prices Bounce Higher After Futures Manipulated 7% Lower In Minute
– Precious Metals Are “Best Defence” Against Bail-ins In Economic Crisis
– Buy Gold Near $1,200 “As Insurance” – UBS Wealth
– UK House Prices ‘On Brink’ Of Massive 40% Collapse
– 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

Mark O'Byrne
Executive Director