18
Jul
2017

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold steady as cloudy U.S. rate hike outlook drags on dollar (Reuters.com)

Palladium prices seen hitting record average high in 2017: Reuters poll (Reuters.com)

Dollar Drops With Stocks as U.S. Reform Hopes Fade (Bloomberg.com)

Empire State manufacturing index retreats in July from two-year high (MarketWatch.com)

Stocks Flat, Metals Rise as Markets Await Earnings (Bloomberg.com)

Gold COT: Banks race to their longest position since at least 2006. Source: David Brady, CFA‏ @GlobalProTrader

Bullion banks closed huge number of short positions last week (AveryBGoodMan.com)

COT Report Gets Even More Favorable For Gold And Silver (DollarCollapse.com)

Single most important rule for buying investment real estate (StansBerryChurcHouse.com)

Who’s responsible for the mess the world is in? Somerset Webb (MoneyWeek.com)

Passive investing boom is creating a ‘frightening’ risk for markets – Morgan Stanley (CNBC.com)

Gold Prices (LBMA AM)

18 Jul: USD 1,237.10, GBP 949.47 & EUR 1,071.82 per ounce
17 Jul: USD 1,229.85, GBP 940.71 & EUR 1,074.03 per ounce
14 Jul: USD 1,218.95, GBP 940.54 & EUR 1,067.92 per ounce
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

Silver Prices (LBMA)

18 Jul: USD 16.17, GBP 12.41 & EUR 13.99 per ounce
17 Jul: USD 16.07, GBP 12.30 & EUR 14.02 per ounce
14 Jul: USD 15.71, GBP 12.11 & EUR 13.76 per ounce
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


Recent Market Updates

– “Bigger Systemic Risk” Now Than 2008 – Bank of England
– “Financial Crisis” Coming By End Of 2018 – Prepare Urgently
– Video – “Gold Should Probably Be $5000” – CME Chairman
– 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

Mark O'Byrne
Executive Director