Daily Market Update

Gold Consolidates Near New All Time Record Highs Of $1,988.40/oz

Gold consolidates near nominal record highs



Asset Performance in 2020 YTD (Finviz)


NEWS and COMMENTARY

Gold Falls From Record as U.S., Europe Stocks Rise, Dollar Gains

102 tonnes of gold changing hands on CME’s biggest ever delivery day

Gold ETF’s Grow Holdings by 25.3 Million ounces in 2020, 27 Straight Days of inflows

Gold steadies near record high as virus concerns persist 

Fed Headed for a Clash With Hedge Funds, Other Shadow Banks 

U.S. economic recovery appears to have slowed in July, Fed’s Bullard says 

Gold futures eke out record high, but pull back from intraday peak near $2,010 as U.S. dollar firms

Why the U.S. dollar slide may be a sign of real danger this time

Gold can do what bonds can’t in a super-low-rate world




GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

30-Jul-20 1952.20 1957.65, 1503.00 1502.10 & 1662.30 1662.44
29-Jul-20 1954.35 1950.90, 1506.80 1502.39 & 1663.54 1659.24
28-Jul-20 1931.65 1940.90, 1499.15 1501.48 & 1647.70 1654.23
27-Jul-20 1940.55 1936.65, 1511.30 1504.78 & 1659.56 1647.70
24-Jul-20 1893.85 1902.10, 1486.67 1490.30 & 1631.55 1638.09
23-Jul-20 1882.35 1878.30, 1480.28 1477.47 & 1624.47 1621.54
22-Jul-20 1851.00 1852.40, 1462.85 1456.91 & 1604.82 1598.44
21-Jul-20 1823.20 1842.55, 1436.86 1449.35 & 1594.21 1608.36
20-Jul-20 1810.30 1815.65, 1437.92 1438.18 & 1580.21 1590.87
17-Jul-20 1802.90 1807.35, 1435.47 1442.45 & 1578.98 1581.07
16-Jul-20 1804.60 1807.70, 1438.09 1436.04 & 1583.72 1581.56
15-Jul-20 1809.30 1804.60, 1436.22 1441.31 & 1582.96 1579.57
14-Jul-20 1798.20 1801.90, 1436.58 1440.62 & 1583.14 1581.71

 


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Mark O'Byrne
Executive Director

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