Daily Market Update

Gold Lower Despite Massive Risks as Tensions with China Grow and OECD Countries Economic Growth Collapses

Gold in USD – 3 Days


◆ Gold and silver prices are marginally lower after seeing gains overnight in Asian trading. An escalation of hostilities between the US and China had initially seen investors seek refuge in the safe haven prior to profit taking set in as stocks globally rose as economic lockdowns began to ease.


NEWS and COMMENTARY

Gold eases as equities rally; Hong Kong woes limit losses

OECD countries log worst quarterly contraction in GDP since the financial crisis

U.S. should not ‘indulge in fantasies’ that China will cave in to pressure

China is moving in with national security law as Hong Kong legislature ‘has failed to deliver,’ official says

Dow futures surge more than 500 points on “hopes of a coronavirus vaccine”

World shares reach 10-week high, S&P 500 eyeing 3000

Remembering The Biggest Empires In Human History

Why the Gold Price Should Be Much Higher

Silver: The Big Shorts




Watch and Read Other Key Points From Interview Here



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

22-May-20 1732.45 1733.55, 1421.99 1423.59 & 1588.83 1590.71
21-May-20 1732.80 1724.90, 1417.78 1410.45 & 1580.49 1571.04
19-May-20 1735.25 1737.95, 1416.14 1418.34 & 1584.11 1589.01
15-May-20 1734.85 1735.35, 1422.06 1427.67 & 1604.39 1602.60
14-May-20 1716.40 1731.60, 1403.67 1420.09 & 1587.84 1603.98
13-May-20 1699.85 1708.40, 1383.85 1394.74 & 1568.11 1573.09
12-May-20 1703.45 1702.40, 1381.84 1379.80 & 1574.50 1565.87
11-May-20 1698.80 1702.75, 1375.35 1378.55 & 1570.20 1571.81
07-May-20 1688.65 1704.05, 1366.29 1387.78 & 1565.21 1582.38
06-May-20 1698.90 1691.50, 1373.56 1366.73 & 1574.71 1564.13
05-May-20 1696.30 1699.55, 1363.83 1363.72 & 1566.36 1562.91
04-May-20 1703.70 1709.10, 1371.14 1374.63 & 1558.72 1563.83
01-May-20 1673.05 1686.25, 1332.08 1347.15 & 1523.14 1536.68

30-Apr-20 1716.75 1702.75, 1373.92 1361.69 & 1577.86 1568.91
29-Apr-20 1706.00 1703.35, 1371.97 1368.64 & 1569.69 1568.10




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NOTE: Inbound deliveries to our Loomis and Brink’s vaults in Zurich, Singapore, London and Dublin have resumed and to ensure liquidity, investors can move their assets to our vaults from safe deposit box companies, bullion stored with banks or digital gold platforms or ETFs.

We have resumed buying non stored bullion again and are buying gold and silver coins and bars at attractive premiums. Please email us for shipping instructions to vaults: support@goldcore.com


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Be well !


Mark O'Byrne
Executive Director

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