Breaking Gold News and Commentary (5 August 2015)

IMPORTANT NEWS
Gold imports up 61% at 155 tonnes in April-May – The Times of India
Gold struggles near multi-year low as Fed comments buoy dollar – Reuters
Gold Drops as Lockhart’s Signal on Rates Adds to September Focus – Bloomberg
Platinum Falls to Six-Year Low on China Concerns; Gold Steady – Bloomberg
Gold pressured by rising dollar; platinum at 6-1/2-year low – Reuters

IMPORTANT COMMENTARY

Greece needs €100bn debt relief as permanent depression looms – The Telegraph
China Stock Plunge Burnishes Golds Appeal – The Wall Street Journal
Gold Market Tightness Puts COMEX Clearing Members On The Edge Of Default… – Seeking Alpha
Will China Play The ‘Gold Card’? – Moneda De Plata Para México
Video: Problem of household debt and an overly large finance sector – Max Keiser

 

Mark OByrne

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