Gold Gains On Weaker Dollar; Treasuries Swing Wildly As U.S. Election In Focus

News and Commentary

Stocks Lose Gains, Dollar Falls as Traders Mull a Split Congress: Markets Wrap (Bloomberg.com)

Gold gains on weaker dollar; U.S. election in focus (Reuters.com)

Election results 2018: Track midterm races and the battle for control of Congress (MarketWatch.com)

China’s gold consumption continues to grow (Nation.com.pk)

Former JP Morgan trader pleads guilty to manipulating U.S. metals markets for years (CNBC.com)

October inflows to gold-backed ETFs up as investors hedged risk -WGC (Reuters.com)

Energy cost of ‘mining’ bitcoin is more than twice that of gold (TheGuardian.com)


U.S. Treasuries “see wild swings”. Source: Bloomberg

Democrats Poised to Take House Control as GOP Holds Senate (Bloomberg.com)

Democrats Win Control Of US House As Republicans Keep Senate (ZeroHedge.com)

Mortgage Rates Hit 7-Year High (EconomicBlogs.org)

How Did “Exhaustive” Investigation of the Silver Market by the CFTC miss this? (GoldSeek.com)

GATA’s past and the future of gold and silver – Murphy (Gata.org)

Listen on SoundCloud , Blubrry & iTunesWatch on YouTube below

Gold Prices (LBMA AM)

06 Nov: USD 1,234.85, GBP 947.75 & EUR 1,083.58 per ounce
05 Nov: USD 1,231.60, GBP 946.61 & EUR 1,081.96 per ounce
02 Nov: USD 1,235.50, GBP 948.00 & EUR 1,079.83 per ounce
01 Nov: USD 1,223.25, GBP 950.47 & EUR 1,075.85 per ounce
31 Oct: USD 1,217.70, GBP 955.77 & EUR 1,074.25 per ounce
30 Oct: USD 1,220.00, GBP 956.36 & EUR 1,074.33 per ounce

Silver Prices (LBMA)

06 Nov: USD 14.70, GBP 11.25 & EUR 12.89 per ounce
05 Nov: USD 14.74, GBP 11.33 & EUR 12.96 per ounce
02 Nov: USD 14.82, GBP 11.38 & EUR 12.95 per ounce
01 Nov: USD 14.45, GBP 11.19 & EUR 12.68 per ounce
31 Oct: USD 14.34, GBP 11.23 & EUR 12.64 per ounce
30 Oct: USD 14.43, GBP 11.32 & EUR 12.71 per ounce


Recent Market Updates

– Venezuela Seeks To Repatriate $550 Million Of Gold From London
– Big Short’s Eisman Is Shorting Two U.K. Banks on Brexit
– “Red October” Highlights Importance of Rebalancing Portfolios and Gold’s “Very Positive” Outlook
– Alarm Bells Ring and Gold Rises In October As Stocks and Property Fall Globally
– Gold Analysts At LBMA See 25% Return To $1,532/oz In 12 months
– Gold Improves Investment, Pension and Central Bank Portfolio’s Risk-Adjusted Returns
– Gold Gains Nearly 1% On Week As Global Stock Markets Fall Sharply
– Dublin Housing Boom Set To Bust?
– Palladium Surges To All Time Record High On Russian Supply Concerns
– Happy Birthday GoldCore

Mark O'Byrne

Also on news-goldcore-com

Videos

Listen: The Case For Gold and How To Buy It

Gareth Soloway – This is the catapult that will send gold to new highs

Former Fed Insider Danielle DiMartino Booth Gives Us Her Interest Rate Predictions

Blog posts

SEC Action Shows Why Cryptos Are Not “As Good As Gold”

The bitcoin versus gold debate has gone on for over a decade now. In that time regulators have been scratching their heads wondering how far they can let the cryptocurrency machine run for. “This far,” seems to be the decision this week. Meanwhile gold and silver carry on, continuing to offer a simple and unassuming […]

READ MORE

Global Debt Crisis: Pretend and Extend?

Those who have chosen to invest in gold bars or to buy silver coins have often done so because they fear the mismanagement of the monetary system. This week has offered further reassurance that investors are right to want to own gold in a balanced portfolio because yet another fight about the US debt ceiling […]

READ MORE

A Showdown in Gold Is Imminent

The industry-leading In Gold We Trust Report was released this week. So convinced are the authors “that the monetary and geopolitical situation as well as the chart development of the gold price suggest that a showdown in gold is imminent” that the 2023 report is entitled “Showdown”. This is arguably one of (if not the) […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Listen: The Case For Gold and How To Buy It

Gareth Soloway – This is the catapult that will send gold to new highs

Former Fed Insider Danielle DiMartino Booth Gives Us Her Interest Rate Predictions

Blog posts

SEC Action Shows Why Cryptos Are Not “As Good As Gold”

The bitcoin versus gold debate has gone on for over a decade now. In that time regulators have been scratching their heads wondering how far they can let the cryptocurrency machine run for. “This far,” seems to be the decision this week. Meanwhile gold and silver carry on, continuing to offer a simple and unassuming […]

READ MORE

Global Debt Crisis: Pretend and Extend?

Those who have chosen to invest in gold bars or to buy silver coins have often done so because they fear the mismanagement of the monetary system. This week has offered further reassurance that investors are right to want to own gold in a balanced portfolio because yet another fight about the US debt ceiling […]

READ MORE

A Showdown in Gold Is Imminent

The industry-leading In Gold We Trust Report was released this week. So convinced are the authors “that the monetary and geopolitical situation as well as the chart development of the gold price suggest that a showdown in gold is imminent” that the 2023 report is entitled “Showdown”. This is arguably one of (if not the) […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE