Gold Prices Gain as Split Congress Pushes Dollar Lower

News and Commentary

Gold prices hold steady, eyes on Fed meeting (Reuters.com)

Asian markets make strong gains, led by export-heavy stocks (MarketWatch.com)

Gold posts first climb in 4 sessions as dollar weakens after midterm election (MarketWatch.com)

More candidates, more money and a big bet: How Democrats won the House (Reuters.com)

Housing sentiment tumbles to lowest in year – Polled say now is not a good time to buy (CNBC.com)

Gold Prices Gain as Split Congress Pushes Dollar Lower (Investing.com)


Source: KingWorldNews

Capital Economics – What will cause the next global downturn? (CapitalEconomics.com)

White House Pulls CNN’s Jim Acosta’s Media Credentials (ZeroHedge.com)

Bank Run In Southwestern Chinese City Could Signal “Impending Financial Crisis” (ZeroHedge.com)

Gold/Oil Ratio Now Moving Strongly In Favor Of Gold (KingWorldNews.com)

Dumping the dollar, Iran and South Korea agree to cross-currency trade (RT.com)

Listen on SoundCloud , Blubrry & iTunesWatch on YouTube below

Gold Prices (LBMA AM)

07 Nov: USD 1,235.05, GBP 938.64 & EUR 1,074.62 per ounce
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

Silver Prices (LBMA)

07 Nov: USD 14.67, GBP 11.15 & EUR 12.77 per ounce
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


Recent Market Updates

– Gold ETFs See Strong Demand In Volatile October After Robust Global Gold Demand In Q3
– 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

Mark O'Byrne

Also on news-goldcore-com

Videos

Why The Next Powell Pivot Will Destroy Stocks And Drive Metals And Miners Higher – Craig Hemke

New Russia/China Gold Backed Currency Imminent

This Little Known Indicator Says Gold Is Still Set For A Major Rally In 2022

Blog posts

Did Central Banks Arrive at their Target Inflation Rate by Mere Fluke?

Have you ever questioned why central banks around the world target CPI inflation at 2%? One might think it would be complicated to explain the lengthy calculations, econometric-based research, and late-night debates that went on in order to come to this figure, but no. Sadly the answer is someone licked their finger, stuck it in […]

READ MORE

Why The Next Powell Pivot Will Destroy Stocks And Drive Metals And Miners Higher – Craig Hemke

“The Federal Reserve will take it to the point of maximum pain and then they’ll reverse, this is when we’ll see the Powell Pivot.” These are the words of warning from Craig Hemke, this week’s guest on GoldCore TV, interviewed by Dave Russell. For him this means many things but principally big results for the […]

READ MORE

Central Banks…Why Bother?

Central banks…why bother? Inflation is here and it cannot be contained. US inflation is touching a 40-year high, the UK has hit the 40-year high, and the EU’s has already hit an all-time high. Figures of 8%, 9%, and 7% respectively are bad enough. This gives people strong enough reason to want to abolish central […]

READ MORE

Featured

Rick Rule- Should You Invest In Gold 2022

READ MORE

Jim Rogers- The Worst Bear Market is Coming

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Why The Next Powell Pivot Will Destroy Stocks And Drive Metals And Miners Higher – Craig Hemke

New Russia/China Gold Backed Currency Imminent

This Little Known Indicator Says Gold Is Still Set For A Major Rally In 2022

Blog posts

Did Central Banks Arrive at their Target Inflation Rate by Mere Fluke?

Have you ever questioned why central banks around the world target CPI inflation at 2%? One might think it would be complicated to explain the lengthy calculations, econometric-based research, and late-night debates that went on in order to come to this figure, but no. Sadly the answer is someone licked their finger, stuck it in […]

READ MORE

Why The Next Powell Pivot Will Destroy Stocks And Drive Metals And Miners Higher – Craig Hemke

“The Federal Reserve will take it to the point of maximum pain and then they’ll reverse, this is when we’ll see the Powell Pivot.” These are the words of warning from Craig Hemke, this week’s guest on GoldCore TV, interviewed by Dave Russell. For him this means many things but principally big results for the […]

READ MORE

Central Banks…Why Bother?

Central banks…why bother? Inflation is here and it cannot be contained. US inflation is touching a 40-year high, the UK has hit the 40-year high, and the EU’s has already hit an all-time high. Figures of 8%, 9%, and 7% respectively are bad enough. This gives people strong enough reason to want to abolish central […]

READ MORE

Featured

Rick Rule- Should You Invest In Gold 2022

READ MORE

Jim Rogers- The Worst Bear Market is Coming

READ MORE