Daily Market Update

Chinese Markets Plunge on Trump’s Newest Tariff Threat

Gold and Silver Bullion – News and Commentary

Chinese markets plunge on Trump’s newest tariff threat: Shanghai down 3.8%, Shenzhen falls 5.8 (CNBC.com)

Gold prices rise as U.S.-China trade tensions intensify (Reuters.com)

Trump Threatens China With Further Tariffs (Bloomberg.com)

Trump seeks additional $200 billion in tariffs against China – and threatens even more (MarketWatch.com)

Homebuilder sentiment drops in June due to soaring lumber costs (CNBC.com)


Source: BOAML via ZeroHedge

The cracks are starting to show in the eurozone’s most stable member (MoneyWeek.com)

Summers Warns the Biggest Economies Are Not Prepared for Another Recession (Bloomberg.com)

I Am Worried The Market May “Break” And Not Snap Back Warns Goldman Co-Head Of Trading (ZeroHedge.com)

$300m gold trade on black market (Chronicle.co.zw)

Titanic of its time – Divers just made an eerie discovery on 1838 shipwreck (CharlotteObserver.com)

Gold Prices (LBMA AM)

18 Jun: USD 1,281.25, GBP 966.96 & EUR 1,103.93 per ounce
15 Jun: USD 1,300.10, GBP 978.98 & EUR 1,120.04 per ounce
14 Jun: USD 1,305.30, GBP 971.27 & EUR 1,103.89 per ounce
13 Jun: USD 1,294.40, GBP 971.58 & EUR 1,101.92 per ounce
12 Jun: USD 1,298.30, GBP 968.27 & EUR 1,100.44 per ounce
11 Jun: USD 1,296.05, GBP 969.32 & EUR 1,099.57 per ounce
08 Jun: USD 1,299.20, GBP 968.68 & EUR 1,103.93 per ounce

Silver Prices (LBMA)

18 Jun: USD 16.61, GBP 12.53 & EUR 14.29 per ounce
15 Jun: USD 17.23, GBP 12.96 & EUR 14.86 per ounce
14 Jun: USD 17.12, GBP 12.75 & EUR 14.48 per ounce
13 Jun: USD 16.91, GBP 12.68 & EUR 14.37 per ounce
12 Jun: USD 16.85, GBP 12.58 & EUR 14.30 per ounce
11 Jun: USD 16.76, GBP 12.55 & EUR 14.23 per ounce
08 Jun: USD 16.72, GBP 12.49 & EUR 14.25 per ounce


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Mark O'Byrne
Executive Director

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