25
Nov
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold hits 9-1/2-month low on firm dollar; set for third weekly loss (Reuters.com)

Gold futures fall further below $1,200 mark (MarketWatch.com)

Gold edges lower on dollar and U.S. rate prospects (Reuters.com)

Potential gold-import ban by India could be biggest bombshell since Nixon (MarketWatch.com)

Mastercard, Visa Set to Reap Spoils of India’s War on Cash (Bloomberg.com)

$6 billion ‘puke’ sends gold plunging below $1200. Source Zero Hedge

Trump’s Victory: What Does it Mean for Gold? (TocqueVille.com)

ECB Warns There Is “Significant Risk Of Abrupt Market Reversal” (ZeroHedge.com)

$6 Billion Puke Sends Gold Plunging Below $1200 As Dollar Index, Bond Yields Spike (ZeroHedge.com)

Chart of the week: “shrinkflation” hits the chocolate market (MoneyWeek.com)

Gold: valuable reserve amid unprecedented policy environment (Gold.org)

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Gold Prices (LBMA AM)

25 Nov: USD 1,187.50, GBP 995.33 & EUR 1,121.83 per ounce
24 Nov: USD 1,187.25, GBP 995.36 & EUR 1,125.04 per ounce
23 Nov: USD 1,213.25, GBP 998.00 & EUR 1,143.00 per ounce
22 Nov: USD 1,217.55, GBP 997.89 & EUR 1,144.98 per ounce
21 Nov: USD 1,214.95, GBP 984.72 & EUR 1,143.39 per ounce
18 Nov: USD 1,206.10, GBP 971.15 & EUR 1,135.54 per ounce
17 Nov: USD 1,232.00, GBP 988.19 & EUR 1,148.10 per ounce

Silver Prices (LBMA)

25 Nov: USD 16.47, GBP 13.21 & EUR 15.55 per ounce
24 Nov: USD 16.31, GBP 13.09 & EUR 15.43 per ounce
23 Nov: USD 16.56, GBP 13.36 & EUR 15.59 per ounce
22 Nov: USD 16.76, GBP 13.46 & EUR 15.77 per ounce
21 Nov: USD 16.68, GBP 13.47 & EUR 15.69 per ounce
18 Nov: USD 16.51, GBP 13.30 & EUR 15.54 per ounce
17 Nov: USD 17.04, GBP 13.65 & EUR 15.87 per ounce


Recent Market Updates

– War On Cash Just Got Real – India and Citibank In Australia
– Russia Gold Buying In October Is Biggest Monthly Allocation Since 1998
– Stocks, Bonds, Pension Funds “Will Be Wiped Out…” – Rickards
– Physical Gold Is A “Long-Term Position” as “Hedge Against Governments”
– 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

Mark O'Byrne
Executive Director