08
Sep
2017

Yen Losing its Haven Sheen to Gold on North Korea

Gold and Silver Bullion – News and Commentary

Gold climbs to 1-year high as U.S. dollar sees fresh weakness (MarketWatch.com)

Gold rises to one-year high amid sluggish dollar (Reuters.com)

Dollar Tumbles as Yen, Euro Rally on Irma, ECB (Bloomberg.com)

ECB keeps door open to even more stimulus (Reuters.com)

Hurricane Harvey lifts U.S. jobless claims to more than two-year high (Reuters.com)

Source: Bloomberg

Yen Losing its Haven Sheen to Gold on North Korea (Bloomberg.com)

Gold to reach $1400 on dollar weakness and North Korea (CNBC.com)

Flight to quality may see further gains for gold bullion (CNBC.com)

Gold prices boom as fears grow over North Korea nuclear crisis (Independent.co.uk)

Own Gold for Long Term as Fiat Money is Doomed – Frisby (MoneyWeek.com)

Gold Prices (LBMA AM)

08 Sep: USD 1,350.90, GBP 1,026.82 & EUR 1,120.71 per ounce
07 Sep: USD 1,340.45, GBP 1,026.52 & EUR 1,119.54 per ounce
06 Sep: USD 1,340.15, GBP 1,028.03 & EUR 1,122.11 per ounce
05 Sep: USD 1,331.15, GBP 1,029.51 & EUR 1,120.43 per ounce
04 Sep: USD 1,334.60, GBP 1,030.98 & EUR 1,120.53 per ounce
01 Sep: USD 1,318.40, GBP 1,020.18 & EUR 1,107.98 per ounce
31 Aug: USD 1,305.80, GBP 1,013.17 & EUR 1,098.31 per ounce

Silver Prices (LBMA)

08 Sep: USD 18.21, GBP 13.80 & EUR 15.09 per ounce
07 Sep: USD 17.79, GBP 13.59 & EUR 14.85 per ounce
06 Sep: USD 17.77, GBP 13.62 & EUR 14.90 per ounce
05 Sep: USD 17.88, GBP 13.80 & EUR 15.03 per ounce
04 Sep: USD 17.80, GBP 13.75 & EUR 14.95 per ounce
01 Sep: USD 17.50, GBP 13.53 & EUR 14.69 per ounce
31 Aug: USD 17.34, GBP 13.47 & EUR 14.62 per ounce


Recent Market Updates

– ‘Things Have Been Going Up For Too Long’ – Goldman CEO
– Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs
– Bitcoin Falls 20% as Mobius and Chinese Regulators Warn
– Gold Surges To $1338 as U.S. Warns of ‘Massive’ Military Response
– Precious Metals Outperform Markets In August – Gold +4%, Silver +5%
– 4 Reasons Why “Gold Has Entered A New Bull Market” – Schroders
– Gold Reset To $10,000/oz Coming “By January 1, 2018” – Rickards
– Gold Surges 2.6% After Jackson Hole and N. Korean Missile
– Diversify Into Gold On U.S. “Political Instability” Advise Blackrock
– Trump Presidency Is Over – Bannon Is Right
– The Truth About Bundesbank Repatriation of Gold From U.S.
– Cyberwar Risk – Was U.S. Navy Victim Of Hacking?
– Global Financial Crisis 10 Years On: Gold Rises 100% from $650 to $1,300

Mark O'Byrne
Executive Director