Daily Market Update

Gold Firm As EU Expresses Horror at Brexit Vote, Refuses to Reopen Deal

News and Commentary

Gold holds firm on failed Brexit vote, Fed rate hike pause hopes (CNBC.com)

UK leader Theresa May suffers resounding defeat on her Brexit divorce deal (CNBC.com)

China Stimulus Talk Clip’s Gold’s Bid For $1,300 (Investing.com)

Fed’s George, often hawkish, says it might be good time for interest-rate pause (MarketWatch.com)

Empire State manufacturing index slumps again in January- lowest level in more than a year (MarketWatch.com)

Source: Bloomberg

Gold may be about to embark on new extended rally (Reuters.com)

Gold Posts Worst Start to the Year Since 2013 After Rally: Chart (Bloomberg.com)

Wary investors drawn to gold’s allure (FT.com)

‘Merc index’ shows the Irish property market madness (DavidMCWilliams.ie)

Pimco Favors ‘Unloved’ Platinum That’s Looking Cheap Versus Gold (Bloomberg.com)

EU Expresses Horror at Brexit Vote, Refuses to Reopen Deal (Bloomberg.com)

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Gold Prices (LBMA PM)

15 Jan: USD 1,289.35, GBP 1,002.99 & EUR 1,127.67 per ounce
14 Jan: USD 1,293.70, GBP 1,007.02 & EUR 1,129.27 per ounce
11 Jan: USD 1,298.80, GBP 1,012.91 & EUR 1,123.96 per ounce
10 Jan: USD 1,292.40, GBP 1,012.98 & EUR 1,121.54 per ounce
09 Jan: USD 1,281.30, GBP 1,006.41 & EUR 1,118.32 per ounce
08 Jan: USD 1,291.90, GBP 1,006.71 & EUR 1,121.62 per ounce
07 Jan: USD 1,291.50, GBP 1,013.83 & EUR 1,129.03 per ounce

Silver Prices (LBMA)

15 Jan: USD 15.60, GBP 12.13 & EUR 13.65 per ounce
14 Jan: USD 15.61, GBP 12.13 & EUR 13.61 per ounce
11 Jan: USD 15.68, GBP 12.23 & EUR 13.60 per ounce
10 Jan: USD 15.70, GBP 12.33 & EUR 13.63 per ounce
09 Jan: USD 15.62, GBP 12.27 & EUR 13.64 per ounce
08 Jan: USD 15.64, GBP 12.24 & EUR 13.64 per ounce
07 Jan: USD 15.75, GBP 12.35 & EUR 13.77 per ounce

Recent Market Updates

– Turbulence and Brexit Make Safer Options Like Gold and Cash Essential
– Where Will The “Pending” Financial Crisis Originate?
– Gold and Silver Prices To Rise To $1,650 and $30 By 2020? Video Update
– Gold Outlook 2019: Uncertainty Makes Gold A “Valuable Strategic Asset” – WGC
– Blackrock Say Gold Will Be A “Valuable Portfolio Hedge” In 2019
– Financial Advice In 2019: Own Gold To Hedge $250 Trillion Global Debt Bubble – GoldCore In Irish Times
– China Adds 320,000 Ounces To Gold Reserves – First Central Bank Purchase Since October 2016
– Gold At 6 Month High At $1,300 and All Time Record Highs In Australian Dollars Over $1,870
– Gold Hedges Stock Market Falls In 2018 – Gains 2.7% In Euros and 3.8% In Pounds
– Hope For Best In 2019 But Prepare For Worst by Increased Allocations to Gold and Silver – Outlook 2019 Podcast
– Prepare For Global Debt Bubble Collapse – Outlook 2019

Mark O'Byrne
Executive Director

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