Gold’s London AM fix this morning was USD 1,721.00, EUR 1,289.812, and GBP 1,079.13 per ounce. Yesterday's AM fix was USD 1,788.00, EUR 1,329.96, and GBP 1,120.79 per ounce. Gold fell 5% in New York yesterday and closed at $1,696.70/oz. This was its largest one day loss since December 2008. Spot silver was down 6.4 percent at $35.54/oz, reversing the 4.5% seen Tuesday.
Gold and Silver Bullion - News and Commentary Gold steady; U.S. govt shutdown worries investors (Reuters.com) Stocks Mixed, Dollar Flat With Shutdown in Focus (Bloomberg.com) Palladium flows from west to east to meet industry demand (Reuters.com) METALS START THE WEEK ON[...]
Gold and Silver Bullion - News and Commentary Gold flat as U.S. Treasury yields rise (Reuters.com) Gold inches up, but heads for first weekly loss in six (Reuters.com) Asian Stocks Rise, Even in Face of Climb in Yields (Bloomberg.com) Gold suffers[...]
Gold and Silver Bullion - News and Commentary Gold ETF Assets Climb to Highest Since 2013 (Bloomberg.com) Gold firm as dollar sinks further (Reuters.com) Australia Is Cashing In on Gold ETFs (Bloomberg.com) South Korea now requires verified ID to trade cryptocurrencies[...]