25
Oct
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold subdued on likelihood of Fed rate hike (Reuters)

Gold prices fall in Asia as stronger dollar, Fed rate views weigh (Investing)

As Yuan Sinks, Goldman Flags Scope for Gold Demand in China (Bloomberg)

India’s Gold Buying Seen Falling Marginally; Still Robust (Bloomberg)

Gold coin worth €280k found in child’s pirate treasure collection (Independent)

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Why gold is glittering in India this Diwali (TheHinduBusinessLine)

Finance Bill — We’re finally keeping it real – McWilliams (DavidMCWilliams)

Pre-crime returns to America with new Airbnb law (SovereignMan)

How I Became A “GoldBug” – Salinas Price (Plata)

Cult of the expert – and how it collapsed (TheGuardian)

Gold Prices (LBMA AM)

25Oct: USD 1,269.30, GBP 1,037.53 & EUR 1,165.85 per ounce
24Oct: USD 1,267.00, GBP 1,034.89 & EUR 1,163.61 per ounce
21Oct: USD 1,263.95, GBP 1,033.79 & EUR 1,160.69 per ounce
20Oct: USD 1,269.20, GBP 1,034.65 & EUR 1,156.75 per ounce
19Oct: USD 1,269.75, GBP 1,031.29 & EUR 1,154.97 per ounce
18Oct: USD 1,261.65, GBP 1,031.15 & EUR 1,145.33 per ounce
17Oct: USD 1,252.70, GBP 1,029.59 & EUR 1,139.58 per ounce

Silver Prices (LBMA)

25Oct: USD 17.73, GBP 14.49 & EUR 16.30 per ounce
24Oct: USD 17.64, GBP 14.41 & EUR 16.19 per ounce
21Oct: USD 17.51, GBP 14.34 & EUR 16.08 per ounce
20Oct: USD 17.60, GBP 14.35 & EUR 16.03 per ounce
19Oct: USD 17.69, GBP 14.38 & EUR 16.11 per ounce
18Oct: USD 17.65, GBP 14.37 & EUR 16.03 per ounce
17Oct: USD 17.40, GBP 14.30 & EUR 15.83 per ounce


Recent Market Updates

– Fed Risks Lehman Crisis As US Recession Storm Gathers
– Silver Eagle Demand ‘Returned with a Vengeance’
– Cashless Society – War On Cash to Benefit Gold?
– “Higher Gold Prices” On Global Trade Slowdown – HSBC
– Euro “Will Collapse” As Is “House of Cards” Warns Architect of Euro
– Property Bubble In Ireland Developing Again
– “Gold Is A Great Hedge Against Politicians” – Goldman
– Sell Gold Now – Time To Liquidate Gold ETF, Pooled and Digital Gold
– Gold In GBP Up 43% YTD – “Massive Twin Deficits” To Impact UK Assets
– Ron Paul Says “Gold Going Up” Whether Trump Or Clinton Elected
– Gold Trading COT Report “Means Lower – Then Much Higher – Prices Coming”
– Currency Shock Sees Sterling Gold Surges 5% In One Minute “Flash Crash”
– Top Gold Forecaster: “As Quickly As Gold Fell” May “Rally Back” on Global Risks

Mark O'Byrne
Executive Director