Gold At 3 Week High As Stocks and Dollar Fall On Trump’s Hard Line Stance Against Iran and China

◆ Gold has edged higher to reach three week highs at $1,535/oz today after Trump took a hard-line stance on China and Iran during his U.N. speech

Stocks fell in the U.S. yesterday and today in Europe on increasing political turmoil in the U.S. and the UK; Concerns about the global economy and the outlook for stocks is enhancing gold’s safe haven appeal

Palladium has surged to an all time record high and we expect gold and silver to follow suit in the coming months due to very elevated geo-political, financial and economic risks

Hard currencies in the form of the monetary metals of gold and silver are outperforming the dollar, euro, pound & all digital fiat currencies and we expect this out performance to continue as currencies are further devalued

Hard currencies are outperforming the dollar, euro, pound & all digital fiat currencies.
Source: Bloomberg via James Henry Anderson @jameshenryand


NEWS and COMMENTARY

Gold steady as Trump’s impeachment inquiry stokes risk-off mood

Gold perks back up after Trump’s hard-line UN speech

Dollar hobbled by Trump impeachment inquiry, weak U.S. data

S&P 500 drops the most in a month on Trump impeachment concerns

Pelosi announces impeachment inquiry into Trump as pressure grows over alleged abuses of power

Venezuelans arrested with $5 million worth of smuggled gold at Broward airport, feds say

PM Johnson Flies Into His Gravest Crisis After Brexit Court Defeat

What has frightened Wall Street banks from lending in the repo market?

‘This is not a normal market, so we do need to be careful’ – Cramer warns of similarities to the dot-com bubble

 



Gold Prices (LBMA – USD, GBP & EUR – AM/ PM Fix)

24-Sep-19 1520.25 1520.65, 1220.76 1216.67 & 1382.36 1381.36
23-Sep-19 1519.50 1522.10, 1222.13 1225.90 & 1385.48 1385.11
20-Sep-19 1504.10 1501.90, 1199.07 1203.62 & 1361.06 1362.52
19-Sep-19 1498.40 1500.70, 1200.67 1201.76 & 1354.85 1357.08
18-Sep-19 1502.20 1503.50, 1206.27 1204.90 & 1360.39 1359.92
17-Sep-19 1499.30 1502.10, 1208.89 1207.24 & 1361.51 1360.45
16-Sep-19 1502.05 1497.20, 1207.35 1203.30 & 1357.25 1359.46
13-Sep-19 1506.30 1503.10, 1209.41 1208.19 & 1356.88 1358.35
12-Sep-19 1502.95 1515.20, 1219.94 1227.46 & 1362.88 1373.53
11-Sep-19 1493.65 1490.65, 1208.21 1209.07 & 1354.74 1355.90



Jim Rogers: Buy Gold Coins and Silver Coins as Global Crisis Is Coming – Watch here

Receive our free Daily or Weekly Updates by signing up here and click here to subscribe to GoldCore’s You Tube Channel




Mark O'Byrne

Also on news-goldcore-com

Videos

Expect $2,500 – $3,000 Gold In Next 12 Months

The 5 Major Trends That Are Shaping Our Economic Future

Patrick Karim on gold, inflation and the next break out

Blog posts

When The Weight of Inflation Becomes Too Much 

In a comment to MarketWatch last week we said that traders this week would be most focused on the CPI report that came out yesterday. In that very report, Inflation came in hot, above expectations, and posted its biggest monthly increase in August this year. It’s up 3.7% from a year ago. However, markets didn’t […]

READ MORE

Expect $2,500 – $3,000 Gold In Next 12 Months

It’s that time of the month again when we bring in a top chart analyst to take us through what they’re seeing in the markets, right now. This month we have the brilliant Gareth Soloway. Gareth explains why he’s watching the US Dollar, what he means by “Good news is bad news” and when we […]

READ MORE

Should We Worry About The Strong US Dollar?

Over the August period, it’s easy for people to switch off and to some extent, it might feel like the precious metals have been doing the very same! However, if you look at the YTD performance of gold across key currencies in the World Gold Council table provided below then you will take some heart […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Expect $2,500 – $3,000 Gold In Next 12 Months

The 5 Major Trends That Are Shaping Our Economic Future

Patrick Karim on gold, inflation and the next break out

Blog posts

When The Weight of Inflation Becomes Too Much 

In a comment to MarketWatch last week we said that traders this week would be most focused on the CPI report that came out yesterday. In that very report, Inflation came in hot, above expectations, and posted its biggest monthly increase in August this year. It’s up 3.7% from a year ago. However, markets didn’t […]

READ MORE

Expect $2,500 – $3,000 Gold In Next 12 Months

It’s that time of the month again when we bring in a top chart analyst to take us through what they’re seeing in the markets, right now. This month we have the brilliant Gareth Soloway. Gareth explains why he’s watching the US Dollar, what he means by “Good news is bad news” and when we […]

READ MORE

Should We Worry About The Strong US Dollar?

Over the August period, it’s easy for people to switch off and to some extent, it might feel like the precious metals have been doing the very same! However, if you look at the YTD performance of gold across key currencies in the World Gold Council table provided below then you will take some heart […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE