14
Nov
2017

Pound ‘pounded’ by political uncertainty, Gold steady

Gold and Silver Bullion – News and Commentary

Pound ‘pounded’ by political uncertainty, Gold steady (FX Street)

Gold prices steady as dollar holds up on higher U.S. bond yields (Reuters)

Dalio’s Bridgewater Boosts Gold Holdings in SPDR, iShares (Bloomberg)

Nothing to See Here as Gold Held in Tightest Range in Four Years (Bloomberg)

U.S. runs $63 billion budget deficit in October (Reuters)

Source: Bloomberg

Junk-bond investors are getting jittery – do they know something we don’t? (Moneyweek)

Global Gold Investment Demand To Overwhelm Supply During Next Market Crash (Gold Eagle)

“Banks Are Rigging All Markets” (US Watchdog)

Internet Crackdown Begins: Senator Al Franken Wants Google, Facebook, & Twitter Censor Political Speech (Zerohedge)

Here’s how to tell if property prices are crazy – or not (SCH)

Gold Prices (LBMA AM)

14 Nov: USD 1,273.70, GBP 972.47 & EUR 1,086.59 per ounce
13 Nov: USD 1,278.40, GBP 977.59 & EUR 1,097.89 per ounce
10 Nov: USD 1,284.45, GBP 976.44 & EUR 1,102.19 per ounce
09 Nov: USD 1,284.00, GBP 980.98 & EUR 1,106.29 per ounce
08 Nov: USD 1,282.25, GBP 976.82 & EUR 1,105.43 per ounce
07 Nov: USD 1,276.35, GBP 970.92 & EUR 1,103.28 per ounce
06 Nov: USD 1,271.60, GBP 969.72 & EUR 1,095.61 per ounce

Silver Prices (LBMA)

14 Nov: USD 16.94, GBP 12.92 & EUR 14.45 per ounce
13 Nov: USD 16.93, GBP 12.93 & EUR 14.53 per ounce
10 Nov: USD 17.00, GBP 12.92 & EUR 14.60 per ounce
09 Nov: USD 17.10, GBP 13.03 & EUR 14.69 per ounce
08 Nov: USD 17.00, GBP 12.96 & EUR 14.65 per ounce
07 Nov: USD 17.01, GBP 12.95 & EUR 14.70 per ounce
06 Nov: USD 16.92, GBP 12.90 & EUR 14.59 per ounce


Recent Market Updates

– Internet Shutdowns Show Physical Gold Is Ultimate Protection
– Gold Coins and Bars Saw Demand Rise 17% to 222T in Q3
– Prepare For Interest Rate Rises And Global Debt Bubble Collapse
– Platinum Bullion ‘May Be One Of The Only Cheap Assets Out There’
– World’s Largest Gold Producer China Sees Production Fall 10%
– German Investors Now World’s Largest Gold Buyers
– Gold Price Reacts as Central Banks Start Major Change
– Why Switzerland Could Save the World and Protect Your Gold
– Invest In Gold To Defend Against Bail-ins
– Stumbling UK Economy Shows Importance of Gold
– Wozniak and Thiel Fuel Bitcoin-Gold Debate: Gold Comes Out On Top
– Russia Buys 34 Tonnes Of Gold In September
– Gold Will Be Safe Haven Again In Looming EU Crisis

Mark O'Byrne
Executive Director