Gold and Silver Bullion – News and Commentary
PRECIOUS-Gold eases on firmer dollar; but eyes first weekly gain in four (Reuters.com)
Gold steady as dollar hovers below 2018 peak (Reuters.com)
Bottom in place? Gold jumped to 10-day high (FXStreet.com)
U.K. House-Price Gauge Drops to 5 1/2-Year Low as London Slumps (Bloomberg.com)
London house prices predicted to keep falling (CityAM.com)
Gold Love Trade Looks Promising in India and China (USFunds.com)
The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers (Bloomberg.com)
Gold Gets a Lifeline From a Surprising Source: Cheap Flights and Cars (Bloomberg.com)
Putin Wants to `Break’ With the Dollar But Dumps Euros Instead (Bloomberg.com)
The 1970s All Over Again? Part 1: The Middle East Explodes (GoldSeek.com)
Central Banks: The Great Experiment Has Failed (DailyReckoning.com)
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Gold Prices (LBMA AM)
10 May: USD 1,314.80, GBP 969.27 & EUR 1,106.80 per ounce
09 May: USD 1,306.85, GBP 965.11 & EUR 1,102.07 per ounce
08 May: USD 1,310.05, GBP 969.44 & EUR 1,101.88 per ounce
04 May: USD 1,309.35, GBP 965.78 & EUR 1,094.09 per ounce
03 May: USD 1,313.30, GBP 966.19 & EUR 1,094.64 per ounce
02 May: USD 1,310.75, GBP 960.52 & EUR 1,091.99 per ounce
Silver Prices (LBMA)
10 May: USD 16.60, GBP 12.24 & EUR 13.97 per ounce
09 May: USD 16.44, GBP 12.12 & EUR 13.84 per ounce
08 May: USD 16.45, GBP 12.17 & EUR 13.85 per ounce
04 May: USD 16.42, GBP 12.10 & EUR 13.72 per ounce
03 May: USD 16.47, GBP 12.12 & EUR 13.74 per ounce
02 May: USD 16.35, GBP 11.98 & EUR 13.62 per ounce
Recent Market Updates
– Gold Mining Supply Globally Looks Set To Decline
– Gold Bullion Demand In Iran May Surge On Trump Sanctions
– “Money Is Gold — and Nothing Else”
– U.K. Home Prices Plunge 3.1% In April – Largest Monthly Drop Since Financial Crisis In 2011
– Weekly Gold Update – Gold In Dollars Lower Despite Poor US Jobs and Other Data
– Own Some Gold and Avoid Overvalued Assets
– Gold Demand Falls In Q1 Despite Robust Central Bank and Investment Demand and Surging Demand In Turkey and Iran
– Smart Money Diversifying Into Gold – One Billionaire Invests Half His Net Worth
– “Blood In The Streets” Of U.S. Gold Bullion Market As Sale Of Gold Coins Collapse
– Most Important Chart Of The Century For Investors?
– Gold Mining Shares Are Speculative Making Gold Bullion A Better Investment
– Gold Price Increasingly Influenced By Declining Dollar Rather Than Interest Rates
– Cash “Vanishes” From Bank Accounts In Ireland