03
Aug
2016

Gold and Silver Bullion – News and Prices

Gold and Silver Bullion – News and Commentary

Gold finishes at more than 2-year high (Marketwatch)

Gold rises back above $1,360 as talk of U.S. rate hikes fades (Reuters)

Gold finishes at more than 2-year high (Marketwatch)

Largest importer of gold from UAE in 2015: Saudi Arabia (Emirates247)

Wealthy Tisch Family Sees Gold Diversification Double In Value  (Bloomberg)

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3 conditions could push gold past $1,400 (CNBC)

Amid banking and Brexit bedlam, the case for gold looks bright (CNBC)

Inside the Bank of England’s gold vaults (UK BusinessInsider)

Trump Loves Gold and Don’t You Forget It (Bloomberg)

OMFIF’s David Marsh: Bank of Japan Stands to Make “Enormous” Losses (FinancialSense)

Forever debt, forever war (Capital&Conflict)

Gold Prices (LBMA AM)

03Aug: USD 1,364.40, GBP 1,023.16 & EUR 1,218.96 per ounce
02Aug: USD 1,358.15, GBP 1,025.13 & EUR 1,213.10 per ounce
01Aug: USD 1,348.85, GBP 1,022.97 & EUR 1,207.76 per ounce
29July: USD 1,332.50, GBP 1,012.03 & EUR 1,200.18 per ounce
28July: USD 1,341.30, GBP 1,017.64 & EUR 1,208.78 per ounce
27July: USD 1,320.80, GBP 1,077.77 & EUR 1,200.21 per ounce
26July: USD 1,321.25, GBP 1,006.40 & EUR 1,199.56 per ounce

Silver Prices (LBMA)

03Aug: USD 20.59, GBP 15.43 & EUR 18.39 per ounce
02Aug: USD 20.71, GBP 15.65 & EUR 18.51 per ounce
01Aug: USD 20.51, GBP 15.56 & EUR 18.37 per ounce
29July: USD 20.40, GBP 15.20 & EUR 18.03 per ounce
28July: USD 20.41, GBP 15.51 & EUR 18.41 per ounce
27July: USD 19.58, GBP 14.95 & EUR 17.81 per ounce
26July: USD 19.68, GBP 15.00 & EUR 17.89 per ounce


Recent Market Updates

– Silver Kangaroo Coins – Sales Surge To Over 10 Million
– Trump, Clinton, “Ugliest” Election Coming – Gold’s “Summer Doldrums” Prior To Resumption of Bull Market
– Marc Faber: Invest 25% Of Investment Portfolios In Gold Bullion
– “Could Not Invent A More Bullish Story For Gold Bullion”
– Gold In Bull Market – “Every Reason For It To Continue” – Frisby In Money
– Is Gold Set To Hit $1,500 Per Ounce?
– Why Italy’s bank crisis could be a ‘ticking time bomb’
– Gold Holds Near Two-Week Low as Risk Appetite Rises on U.S. Data
– IMF Scraps Forecast for Global-Growth Pickup on Brexit Fallout
– Gold, Trump and Rates: Bank That Foresaw Rally Flags $1,500
– Gold Lower After Central Bank’s Surprise Move
– “We Are On the Cusp of an Explosion in the Silver Price”
– Stocks Rally – Is Brexit Systemic Risks Contained?

Mark O'Byrne
Executive Director