Gold and Silver Prices and News

Gold and Silver Prices and News
Funds allocate back to gold as prices surged in Q1 (GoldCore via Reuters)

China’s ICBC To Buy Giant London Gold Vault (GoldCore via WSJ)

Platinum stockpiles to fall 19% to 2 million oz in 2016 (Mining MX)

WPIC lifts platinum market deficit in 2016 by three-fold to 455k ounces (Bullion Desk)

Gold edges up but dollar strength, stocks recovery cap gains (Reuters)

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What “Lured” Soros to Boost His Gold Holding? (Bloomberg Video)

Make America Gold Again: Calls for Everyone’s Favorite Standard Are Back (Bloomberg)

University of Michigan to Invest in Gold, Copper Mining Fund (Bloomberg)

Libya’s Central Bank Needs Money Stashed in a Safe; Problem Is, Officials Don’t Have the Code (WSJ)

Gold depository could soon be on its way to Texas (Star Telegram)


Gold Prices (LBMA)

17 May: USD 1,270.10, EUR 1,121.43 and GBP 877.50 per ounce
16 May: USD 1,281.00, EUR 1,132.04 and GBP 892.87 per ounce
13 May: USD 1,275.15, EUR 1,123.51 and GBP 885.16 per ounce
12 May: USD 1,268.30, EUR 1,111.30 and GBP 878.28 per ounce
11 May: USD 1,271.80, EUR 1,116.19 and GBP 882.45 per ounce

Silver Prices (LBMA)
17 May: USD 17.08, EUR 15.09 and GBP 11.80 per ounce
16 May: USD 17.32, EUR 15.30 and GBP 12.07 per ounce
13 May: USD 17.09, EUR 15.06 and GBP 11.85 per ounce
12 May: USD 17.23, EUR 15.12 and GBP 11.91 per ounce
11 May: USD 17.51, EUR 15.36 and GBP 12.14 per ounce

 

Mark O'Byrne

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