Gold and Silver Prices and News

Gold and Silver Prices and News
Gold Holds Gain After Dismal May as Investors Weigh Rate Outlook (Bloomberg)

European Stocks Fall Second Day as Investors Await Policy Clues (Bloomberg)

PRECIOUS – Gold steady as dollar, Asian stocks weaken (Reuters)

Gold drops 6% in May for 1st monthly loss this year (Marketwatch)


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Wealth Tax’ Looming – “Own Physical Gold, Not ETFs” says Williams (Zero Hedge)

Are UK house prices about to crash? (Money Week)

Britain’s property prices are going to crash because homes are becoming unaffordable (Business Insider)

China & Russia accounted for 85% of gold bought by central banks (Market Realist)

 

Gold Prices (LBMA AM)
01 June: USD 1,216.25, EUR 1,090.00 and GBP 841.77 per ounce
31 May: USD 1,210.50, EUR 1,087.39 and GBP 829.07 per ounce
30 May: No Fix as Spring Holiday in UK
27 May: USD 1,221.25, EUR 1,092.16 and GBP 833.50 per ounce
26 May: USD 1,226.65, EUR 1,097.24 and GBP 834.37 per ounce

Silver Prices (LBMA)
01 June: USD 15.95, EUR 14.30 and GBP 11.04 per ounce
31 May: USD 16.06, EUR 14.40 and GBP 10.99 per ounce
30 May: No Fix as Spring Holiday in UK
27 May: USD 16.30, EUR 14.58 and GBP 11.12 per ounce
26 May: USD 16.46, EUR 14.73 and GBP 11.20 per ounce


Recent Market Updates
– BREXIT Gold Diversification As Vote Fuels Market Uncertainty
– Gold Forecasts Revised Higher – Citi Says “Buy the Dip”
– Gold Should Rise Above $1,900/oz -“Get In Now!”
– World’s Largest Asset Manager Suggests “Perfect Time” For Gold
– Gold As “Extremely Low-Risk Asset” – Rogoff Advises Creditor Nations
– Silver – “Best Precious Metals Trade”

 

 

Mark O'Byrne

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