Gold and Silver Bullion – News and Commentary
Gold inches up as prospects for slower U.S. rate hikes weigh on dollar (Reuters.com)
Gold marks highest settlement of the month, up 1.5% for the week (MarketWatch.com)
Asia shares rise on accommodative Fed (Reuters.com)
Dollar Bears’ Case Grows Stronger as Wagers on Fed Hikes Fade (Bloomberg.com)
ECB Expected to Use July Decision to Quell Investors’ Taper Temper (Bloomberg.com)
Gold and Silver Gain Over 1% and 2% on the Week (SilverSeek.com)
Speculators Sour On Gold And silver, Which Means The Bottom Is Near (DollarCollapse.com)
Hedge Funds Are Losing Faith in Precious Metals (Bloomberg.com)
Financial-Crisis-Style Carmageddon Descends on Houston (WolfStreet.com)
Chinese Silk Road Advances – Purchases Ports Worth $20B In Year (FT.com)
Gold Prices (LBMA AM)
17 Jul: USD 1,229.85, GBP 940.71 & EUR 1,074.03 per ounce
14 Jul: USD 1,218.95, GBP 940.54 & EUR 1,067.92 per ounce
13 Jul: USD 1,221.40, GBP 944.51 & EUR 1,071.05 per ounce
12 Jul: USD 1,219.40, GBP 947.60 & EUR 1,064.29 per ounce
11 Jul: USD 1,211.90, GBP 938.98 & EUR 1,063.68 per ounce
10 Jul: USD 1,207.55, GBP 938.63 & EUR 1,060.11 per ounce
07 Jul: USD 1,220.40, GBP 944.47 & EUR 1,068.95 per ounce
Silver Prices (LBMA)
17 Jul: USD 16.07, GBP 12.30 & EUR 14.02 per ounce
14 Jul: USD 15.71, GBP 12.11 & EUR 13.76 per ounce
13 Jul: USD 15.95, GBP 12.34 & EUR 14.00 per ounce
12 Jul: USD 15.83, GBP 12.31 & EUR 13.82 per ounce
11 Jul: USD 15.51, GBP 12.02 & EUR 13.61 per ounce
10 Jul: USD 15.22, GBP 11.82 & EUR 13.36 per ounce
07 Jul: USD 15.84, GBP 12.29 & EUR 13.88 per ounce
Recent Market Updates
– Video – “Gold Should Probably Be $5000” – CME Chairman Duffy
– India Gold Imports Surge To 5 Year High – 220 Tons In May Alone
– “Silver’s Plunge Is Nearing Completion”
– China, Russia Alliance Deepens Against American Overstretch
– Silver Prices Bounce Higher After Futures Manipulated 7% Lower In Minute
– Precious Metals Are “Best Defence” Against Bail-ins In Economic Crisis
– Buy Gold Near $1,200 “As Insurance” – UBS Wealth
– UK House Prices ‘On Brink’ Of Massive 40% Collapse
– Gold Up 8% In First Half 2017; Builds On 8.5% Gain In 2016
– Pensions Timebomb In America – “National Crisis” Cometh
– London Property Bubble Bursting? UK In Unchartered Territory On Brexit and Election Mess
– Shrinkflation – Real Inflation Much Higher Than Reported
– Goldman, Citi Turn Positive On Gold – Despite “Mysterious” Flash Crash
