Daily Market Update

Gold prices gain as dollar weakens amid trade war fears

Gold and Silver Bullion – News and Commentary

Stocks Mixed Amid Trade Fears; Italian Bonds Drop: Markets Wrap (Bloomberg)

Gold prices gain as dollar weakens amid trade war fears (Reuters)

Gold snaps multiday skid on trade-war fears, but logs weekly loss (Marketwatch)

Texas endowment “in no rush to sell”  $1 billion gold position – New CEO says (Gata)

Ex–FDIC chief Sheila Bair says bitcoin’s like dollars — neither has intrinsic value  (Marketwatch)


Source: Bloomberg

U.S. dollar outlook darkens as trade war looms (Reuters)

New analysis sees return of trillion-dollar budget deficits (CNBC)

Dumping U.S. debt may become a weapon in global trade war (Reuters)

Why South Africa Is Ripping Up Its Mining Rules Again (Bloomberg)

’Flation Is Gone. Inflation Is Back (Moneyweek)

Gold Prices (LBMA AM)

05 Mar: USD 1,326.30, GBP 958.78 & EUR 1,075.63 per ounce
02 Mar: USD 1,316.75, GBP 955.70 & EUR 1,071.04 per ounce
01 Mar: USD 1,311.25, GBP 953.80 & EUR 1,075.75 per ounce
28 Feb: USD 1,320.30, GBP 951.14 & EUR 1,080.53 per ounce
27 Feb: USD 1,332.75, GBP 954.78 & EUR 1,081.26 per ounce
26 Feb: USD 1,339.05, GBP 953.00 & EUR 1,085.30 per ounce

Silver Prices (LBMA)

05 Mar: USD 16.51, GBP 11.95 & EUR 13.42 per ounce
02 Mar: USD 16.45, GBP 11.92 & EUR 13.36 per ounce
01 Mar: USD 16.32, GBP 11.87 & EUR 13.39 per ounce
28 Feb: USD 16.44, GBP 11.88 & EUR 13.45 per ounce
27 Feb: USD 16.61, GBP 11.91 & EUR 13.48 per ounce
26 Feb: USD 16.67, GBP 11.88 & EUR 13.52 per ounce


Recent Market Updates

– Trump Risks Trade and Currency Wars – Protectionism and Economic War Loom
– Four Key Themes To Drive Gold Prices In 2018 – World Gold Council
– Is The Gold Price Going To $10,000? (Goldnomics Podcast 3)
– Gold Corridor From Dubai to China Sought By China
– Digital Gold Provide the Benefits Of Physical Gold?
– Weekly Briefing: Currency Wars – ECB Warns Re Trump, Russia and Turkey Buy Gold and BOE Bitcoin Warning
– Russian Central Bank Buys Gold – 600,000 Ounces Or 18.7 Tons In January As Venezuela Launches ‘Petro Gold’
– Bitcoin or British Pound ‘Pretty Much Failed’ As Currency?
– Bank Bail-In Risk In European Countries Seen In 5 Key Charts
– US-China Trade War Escalates As Further Measures Are Taken

Mark O'Byrne
Executive Director

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