07
Oct
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Sterling recoups some losses after near 10 percent plunge; stocks slip (Reuters)

Gold heads for 4% fall for week in USD, flat in GBP (Reuters)

Goldman Sees ‘Buying Opportunity’ If Gold’s Slump Gets Worse (Bloomberg)

Physical gold demand will limit price decline: Goldman Sachs (CNBC)

Gold price dip to spur physical buying – WGC (Bulliondesk)

7RealRisksBlogBanner

Gold Price Drop Likely To Spur Demand – WGC (Gold.org)

Major Victory For Gold And Silver Traders, Manipulation Lawsuit Against Gold-Fixing Banks Ordered To Proceed (Zerohedge)

Central banks suppress gold to help China accumulate – Rickards (Daily Reckoning)

Former Soros Associate Says Fed Responsible For Gold & Silver Smash (King World News)

Gold and Silver Smash Down (Future Money Trends)

Gold Prices (LBMA AM)

07Oct: USD 1,255.00, GBP 1,012.91 & EUR 1,127.62 per ounce
06Oct: USD 1,265.50, GBP 994.30 & EUR 1,131.23 per ounce
05Oct: USD 1,274.00, GBP 1,001.11 & EUR 1,134.37 per ounce
04Oct: USD 1,309.15, GBP 1,026.90 & EUR 1,172.21 per ounce
03Oct: USD 1,318.65, GBP 1,023.40 & EUR 1,173.99 per ounce
30Sep: USD 1,327.90, GBP 1,025.01 & EUR 1,187.67 per ounce
29Sep: USD 1,320.85, GBP 1,016.92 & EUR 1,177.14 per ounce

Silver Prices (LBMA)

07Oct: USD 17.33, GBP 14.01 & EUR 15.55 per ounce
06Oct: USD 17.76, GBP 13.98 & EUR 15.88 per ounce
05Oct: USD 17.80, GBP 13.99 & EUR 15.86 per ounce
04Oct: USD 18.74, GBP 14.68 & EUR 16.78 per ounce
03Oct: USD 19.18, GBP 14.89 & EUR 17.07 per ounce
30Sep: USD 19.35, GBP 14.92 & EUR 17.33 per ounce
29Sep: USD 19.01, GBP 14.61 & EUR 16.95 per ounce


Recent Market Updates

– Top Gold Forecaster: “As Quickly As Gold Fell” May “Rally Back” on Global Risks
– Gold Buying ‘Opportunity’ After Surprise 3.4% Drop
– Deutsche Bank “Is Probably Insolvent”
– GBP Gold Rises 1.3% as Sterling Slumps On ‘Hard Brexit’ Concerns, Up 36% YTD
– Why Krugman, Roubini, Rogoff And Buffett Hate Gold
– ECB Refused “To Answer Questions” – Deutsche Bank “Systemic Threat” Is “Not ECB Fault”
– Euro “Might Start To Unravel” If Collapse Of Deutsche Bank
– Do You Really Own Your Gold?
– “Gold Will Likely Soar To A Record Within Five Years”
– Savings Guarantee? U.N. Warns Next Financial Crisis Imminent
– Gold Up 1.5%, Silver Surges 3% – Yellen Stays Ultra Loose At 0.25%
– Trump and Clinton Are “Positive For Gold” – $1,900/oz by End of Year
– Gold Bugs Rejoice – Central Banks Think You’re On To Something

Mark O'Byrne
Executive Director