Gold Hits 2-Week High On Dollar Weakness, Trade Worries

Gold and Silver Bullion – News and Commentary

Gold hits 2-week high on dollar weakness, trade worries (The Edge Markets)

Gold settles higher, then falls back under $1,300 after Fed lifts key interest rate (Marketwatch)

Fed lifts rates amid stronger inflation, drops crisis-era guidance (Reuters)

Fed hikes rates, points to two more increases by year’s end (CNBC)

Gold slips as Fed signals two more rate raises (Reuters)

Global gold-backed ETF inflows driven by Europe and Asia (Gold.org)

Top 10 Gold-Producing Countries (Forbes)

US paper gold suppression allowing Russia & China to buy real gold at discount prices (RT.com)

Unique George Washington gold coin at auction in first since 1890 (Reuters)

CNBC Poll: 53% favour gold over stocks (CNBC)

Gold Prices (LBMA AM)

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
07 Jun: USD 1,298.30, GBP 963.86 & EUR 1,097.97 per ounce
06 Jun: USD 1,295.25, GBP 964.57 & EUR 1,101.48 per ounce
05 Jun: USD 1,292.25, GBP 966.73 & EUR 1,105.13 per ounce

Silver Prices (LBMA)

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
07 Jun: USD 16.74, GBP 12.44 & EUR 14.15 per ounce
06 Jun: USD 16.55, GBP 12.33 & EUR 14.06 per ounce
05 Jun: USD 16.39, GBP 12.26 & EUR 14.03 per ounce


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Mark O'Byrne

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