21
Nov
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold bounces off 5-1/2-month low on physical buying (Reuters)

Dollar charges to 14-year high, bond tantrum in full swing (Reuters)

Gold edges higher as US dollar softens (Bulliondesk)

Gold price hike in Egypt leads to popularity of Chinese gold-plated ornaments (Global Times)

Indian traders buy gold to pre-empt feared curbs on overseas purchases (Business Live)

How the Italian referendum next month could surprise everyone (Moneyweek)

Italy’s banks in a slow-motion crisis. And Europe may pay – CNBC (CNBC)

The Big Short: is the next financial crisis on its way? – Guardian (The Guardian)

Is Silver Set To Surge Off Significant Support? (Zerohedge)

SocGen Sees “Sharp Rise In Gold” As India Plans Cap On Cash Holdings (Zerohedge)

Gold Prices (LBMA AM)

21Nov: USD 1,214.95, GBP 984.72 & EUR 1,143.39 per ounce
18Nov: USD 1,206.10, GBP 971.15 & EUR 1,135.54 per ounce
17Nov: USD 1,232.00, GBP 988.19 & EUR 1,148.10 per ounce
16Nov: USD 1,225.70, GBP 984.36 & EUR 1,144.68 per ounce
15Nov: USD 1,228.90, GBP 988.65 & EUR 1,138.70 per ounce
14Nov: USD 1,222.60, GBP 978.08 & EUR 1,136.53 per ounce
11Nov: USD 1,255.65, GBP 991.96 & EUR 1,154.45 per ounce

Silver Prices (LBMA)

21Nov: USD 16.68, GBP 13.47 & EUR 15.69 per ounce
18Nov: USD 16.51, GBP 13.30 & EUR 15.54 per ounce
17Nov: USD 17.04, GBP 13.65 & EUR 15.87 per ounce
16Nov: USD 16.95, GBP 13.64 & EUR 15.85 per ounce
15Nov: USD 17.00, GBP 13.68 & EUR 15.80 per ounce
14Nov: USD 17.20, GBP 13.73 & EUR 15.95 per ounce
11Nov: USD 18.59, GBP 14.73 & EUR 17.09 per ounce


Recent Market Updates

– Gold Sell Off On Fed Noise – “Interesting Times” To “Support Gold”
– Islamic Gold – Vital New Dynamic In Physical Gold Market
– Peak Gold Globally – “Bullish For Gold”
– Gold Price Should Go Higher On Global Risks and Trump – Capital Economics
– President Trump – Why Market Loves Him and Experts Wrong
– ‘Helicopter Money President’ Trump To Create Inflation and Gold Will Rise
– Central Bank Gold Demand continues in Q3
– Trump Victory Sends Gold Surging 5%
– An uncertain election outcome looks good for gold
– Ignore past elections, this one’s too uncertain
– Gold may be the only winner in US elections
– The London Gold Market – ripe for take-over by China?
– Diwali, Gold and India – Is Love Affair Over?

Mark O'Byrne
Executive Director