31
Jul
2017

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

China’s first-half gold output falls 10%, demand up (IndiaTimes.com)

India Trade Ministry Sees Scope for Lowering Gold Import Tax (Bloomberg.com)

EU explores account freezes to prevent runs at failing banks (Reuters.com)

IMF says dollar overvalued, euro, yen, yuan in line with fundamentals (Reuters.com)

Putin Says Hopes Retaliation Ends Once 755 U.S. Staff Ousted (BloombergQuint.com)

ECB’s 1.2 Trillion Euros QE. Source Bloomberg

Draghi Pledged ‘Whatever It Takes.’ It Took 1.2 Trillion Euros (Bloomberg.com)

Very Bullish Scenario For Gold – Goldcorp CEO (video) (Bloomberg.com)

Baruch Sees Gold Rolling Through $1,300 (video) (Bloomberg.com)

Toxic Fruit of Financialization: Risk Is for Those at the Bottom (DailyReckoning.com)

Miraculous gold rush movies buried under the Yukon ice (TheGuardian.com)

Gold best performing asset “since Australia sold its gold” (TheAustralian.com)

Gold Prices (LBMA AM)

31 Jul: USD 1,266.35, GBP 965.59 & EUR 1,079.06 per ounce
28 Jul: USD 1,259.60, GBP 961.96 & EUR 1,075.45 per ounce
27 Jul: USD 1,262.05, GBP 960.29 & EUR 1,076.53 per ounce
26 Jul: USD 1,245.40, GBP 956.72 & EUR 1,071.29 per ounce
25 Jul: USD 1,252.00, GBP 960.78 & EUR 1,074.59 per ounce
24 Jul: USD 1,255.85, GBP 962.99 & EUR 1,077.64 per ounce
21 Jul: USD 1,247.25, GBP 958.89 & EUR 1,071.39 per ounce

Silver Prices (LBMA)

31 Jul: USD 16.76, GBP 12.77 & EUR 14.29 per ounce
28 Jul: USD 16.56, GBP 12.66 & EUR 14.15 per ounce
27 Jul: USD 16.79, GBP 12.77 & EUR 14.34 per ounce
26 Jul: USD 16.37, GBP 12.54 & EUR 14.06 per ounce
25 Jul: USD 16.31, GBP 12.52 & EUR 14.00 per ounce
24 Jul: USD 16.50, GBP 12.66 & EUR 14.17 per ounce
21 Jul: USD 16.43, GBP 12.63 & EUR 14.11 per ounce


Recent Market Updates

– This Is Why Shrinkflation Is Making You Poor
– Gold A Good Store Of Value – Protect From $217 Trillion Global Debt Bubble
– Why Surging UK Household Debt Will Cause The Next Crisis
– Gold Seasonal Sweet Spot – August and September – Coming
– Commercial Property Market In Dublin Is Inflated and May Burst Again
– Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing
– Millennials Can Punt On Bitcoin, Own Gold and Silver For Long Term
– “Time To Position In Gold Is Right Now” says Jim Rickards
– Bloomberg Silver Price Survey – Median 12 Month Forecast Of $20
– “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

Mark O'Byrne
Executive Director