Daily Market Update

Gold Highest Since June Amid Wobbly 2019 Start For Stocks

News and Commentary

Gold futures settle at highest since June (MarketWatch.com)

Gold Opens 2019 With Fanfare as Warning Signs Flash on Growth (Bloomberg.com)

Gold gains on global growth fears, falling Asian stocks (Reuters.com)

Dow futures drop more than 300 points as tech shares get hit after hours on a warning from Apple (CNBC.com)

Brexit ‘bad or awful’ for prospects in 2019, say economists (FT.com)


Source: Bloomberg

2019 is already getting off to a volatile start and we expect to see the political and economic uncertainty of 2018 continue and deepen said GoldCore (MarketWatch.com)

Systematic investment in gold a good option for a likely volatile 2019 (Business-Standard.com)

The euro has failed, threatens democracy, and should be abolished (Telegraph.co.uk)

ECB Takes “Unprecedented” Step Of Putting Italy’s Banca Carige In Administration (ZeroHedge.com)

2019: It Is Going To Be Much Worse Than You Think… (ZeroHedge.com)

2018 was a bad year for investors, for pretty obvious reasons (MoneyWeek.com)

Listen on SoundCloud , Blubrry & iTunesWatch on YouTube below

Gold Prices (LBMA PM)

02 Jan: USD 1,287.20, GBP 1,014.44 & EUR 1,125.27 per ounce
31 Dec: USD 1,281.65, GBP 1,005.45 & EUR 1,120.03 per ounce
28 Dec: USD 1,277.25, GBP 1,009.16 & EUR 1,114.91 per ounce
27 Dec: USD 1,271.10, GBP 1,006.20 & EUR 1,115.26 per ounce
24 Dec: USD 1,261.25, GBP 996.26 & EUR 1,105.23 per ounce
21 Dec: USD 1,257.60, GBP 993.76 & EUR 1,101.53 per ounce

Silver Prices (LBMA)

02 Jan: USD 15.44, GBP 12.19 & EUR 13.51 per ounce
31 Dec: USD 15.47, GBP 12.11 & EUR 13.51 per ounce
28 Dec: USD 15.30, GBP 12.05 & EUR 13.34 per ounce
27 Dec: USD 15.06, GBP 11.92 & EUR 13.22 per ounce
24 Dec: USD 14.68, GBP 11.60 & EUR 12.88 per ounce
21 Dec: USD 14.69, GBP 11.59 & EUR 12.86 per ounce


Recent Market Updates

– 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
– Happy Christmas From All The Team in GoldCore
– Gold Prices Likely To Go Higher In 2019 After 4% Gain In Q4 2018
– Everything Bubble Started Bursting In 2018 – GoldCore Video
– Global Financial System Is ‘Unstable’ and Risk Of ‘Clearing System Seizure’, BIS Warns
– Gold Flowing From West To East and Now To Goldman Sachs
– Brexit Risk Sees Gold Rise To Test EUR 1,100 Per Ounce
– Yellen Warns Another Financial Crisis Is Brewing
– Gold Krugerrand Coin Worth $1,200 Donated To Charity Again
– EU Recession Imminent – Euro Disunion as Brexit, Italy and End of QE Loom
– Gold and Silver Gained 2% and 3% Last Week While Stocks Dropped Nearly 5%
– Irish Central Bank Refuses To Discuss Gold Reserves In Bank of England Vaults

Mark O'Byrne
Executive Director

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