Gold and Silver Bullion – News and Commentary
Bullion rises after China seizes US drone (News.com)
Gold Makes Pushback After Getting ‘Smoked’ by Fed’s Hike, Trump (MSN)
Gold prices gain on weaker U.S. dollar (Reuters)
Gold prices gain in Asia as U.S.-China tensions simmer (Mo4ch)
Gold extends recovery from last week’s multi-month low (FX Street)
(Image Source: Bloomberg)
With Gold Prices Stuck in ‘Purgatory,’ Hedge Funds Pull Out (Bloomberg)
Turks Seek Gold More Than Liras in Response to Erdogan’s Call (Bloomberg)
Silver price manipulation continues (TF Metals)
“They don’t call it the fix for nothing” (Gata)
“When Gold Goes Above 1430 We Whack It” (Zerohedge)
Gold Prices (LBMA AM)
19Dec: USD 1,137.60, GBP 913.15 & EUR 1,089.14 per ounce
16Dec: USD 1,134.85, GBP 911.17 & EUR 1,084.80 per ounce
15Dec: USD 1,132.45, GBP 904.37 & EUR 1,080.70 per ounce
14Dec: USD 1,160.95, GBP 917.38 & EUR 1,091.99 per ounce
13Dec: USD 1,157.35, GBP 911.18 & EUR 1,090.80 per ounce
12Dec: USD 1,154.40, GBP 916.82 & EUR 1,089.41 per ounce
09Dec: USD 1,168.90, GBP 927.64 & EUR 1,100.75 per ounce
Silver Prices (LBMA)
19Dec: USD 16.00, GBP 12.89 & EUR 15.34 per ounce
16Dec: USD 16.05, GBP 12.91 & EUR 15.36 per ounce
15Dec: USD 16.14, GBP 12.95 & EUR 15.51 per ounce
14Dec: USD 17.11, GBP 13.52 & EUR 16.07 per ounce
13Dec: USD 17.01, GBP 13.39 & EUR 16.04 per ounce
12Dec: USD 16.86, GBP 13.34 & EUR 15.90 per ounce
09Dec: USD 16.95, GBP 13.45 & EUR 16.03 per ounce
Recent Market Updates
– Fed Raised Rates 0.25% – Rising Rates Positive For Gold
– Shariah Gold Standard Is “Revolutionary” – Mobius
– Silver Fixing By Banks Proven In Traders Chats
– Euro Crisis and Contagion Coming In 2017
– ECB ‘Bazooka’ Reloaded Until At Least December 2017 – Euro Gold Rises 1%; 13% YTD
– UK £6 Billion Worse Off After Multi Billion Pound Gold “Accounting Error”
– Buy Silver – May Replace Gold As Money In India
– Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market
– Potential “Systemic Crisis In Eurozone” After Italy Votes No, Renzi Resigns
– Gold and Silver Will Protect From Coming Financial Crash – Rickards
– Blockchain Technology – What Is It and How Will It Change Your Life?
– RBS Fail Bank of England Stress Test
– Peak Silver – Supply Deficits Mean Higher Prices