Gold and Silver Prices and News
London Appetite for Gold Bars, Coins Rises on Brexit Nerves (Reuters)
ECB ‘Monetary Amphetamine’ Propels Gold to Best Start Since ’79 (Bloomberg)
Gold hits three-week high on fading U.S. rate hike prospects (Reuters)
Gold Price Feeds Off Fed in Climb to Two-Week High (Bloomberg)
ECB Buys Sub Investment Grade European Debt (Bloomberg)
ETF Investors Want Gold, Gold, and More Gold (Barrons)
One of Europe’s biggest banks is considering taking a drastic step to avoid negative rates (Biz Insider)
Commerzbank Plans To Hoard Billions In Euros In Vaults, Avoid ECB (Zero Hedge)
France shuns Europe as Brexit revolt spreads (Telegraph)
Investors pulled £65bn cash out UK in March, April as Brexit fears grow (Telegraph)
Gold Prices (LBMA AM)
09 June: USD 1,258.35, EUR 1,107.98 and GBP 870.53 per ounce
08 June: USD 1,252.40, EUR 1,101.61 and GBP 851.65 per ounce
07 June: USD 1,241.10, EUR 1,091.42 and GBP 851.02 per ounce
06 June: USD 1,240.55, EUR 1,092.67 and GBP 859.08 per ounce
03 June: USD 1,211.00, EUR 1,086.63 and GBP 839.34 per ounce
02 June: USD 1,215.50, EUR 1,085.32 and GBP 842.10 per ounce
Silver Prices (LBMA)
09 June: USD 17.05, EUR 15.03 and GBP 11.79 per ounce
08 June: USD 16.75, EUR 14.73 and GBP 11.50 per ounce
07 June: USD 16.31, EUR 14.36 and GBP 11.18 per ounce
06 June: USD 16.40, EUR 14.46 and GBP 11.39 per ounce
03 June: USD 16.10, EUR 14.45 and GBP 11.17 per ounce
02 June: USD 15.98, EUR 14.27 and GBP 11.07 per ounce
Recent Market Updates
– Physical Silver Bullion – Perfect Storm Brewing in the Market
– Martin Wolf: There Will Be Another “Huge” Financial Crisis
– Silver Price To Surge 800% on Global Industrial and Technological Demand
– 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