Gold Bullion Up 1% In Week, Heads For 5th Weekly Gain As Bonds Sell Off

Gold Bullion Up 1% In Week, Heads For 5th Weekly Gain As Bonds Sell Off

Gold bullion set for fifth week of gains as dollar slumps  (Reuters.com)

Asia Stocks Are Mixed as Euro Gains, Bonds, Gold Bullion Steady (Bloomberg.com)

U.S. runs December budget deficit of $23 billion – Treasury (MarketWatch.com)

Uproar over crackdown on cryptocurrencies divides South Korea (Reuters.com)

Wal-Mart Raises Hourly Wage to $11 in Wake of Tax Overhaul (Bloomberg.com)

Bill Gross of Janus: ‘Bonds, like men, are in a bear market’ (Reuters.com)

 


Gold prices in USD this week. Source (GoldCore)

 

The $50 Trillion Question for Bonds (Bloomberg.com)

Gross Says Bond Bear Market Has Arrived After a 35-Year Run (Bloomberg.com)

David Stockman – Thundering Collision Coming in Bond Market (Youtube.com)

The Danger of Soaring Global Debt (DailyReckoning.co.uk)

Bondmageddon? … Watch The Bond Market, Not Equities – Tett (FT.com)

 

This Week’s Market Updates

– Gold Prices Rise To $1,326/oz as China U.S. Treasury Buying Report Creates Volatility
– Gold Hits All-Time Highs Priced In Emerging Market Currencies
– World is $233 Trillion In Debt: UK Personal Debt At New Record
– 10 Reasons Why You Should Add To Your Gold Holdings

 

Gold Prices (LBMA AM)

12 Jan: USD 1,332.90, GBP 978.75 & EUR 1,099.78 per ounce
11 Jan: USD 1,319.85, GBP 978.14 & EUR 1,104.45 per ounce
10 Jan: USD 1,321.65, GBP 976.96 & EUR 1,103.31 per ounce
08 Jan: USD 1,314.95, GBP 972.01 & EUR 1,102.19 per ounce
08 Jan: USD 1,318.80, GBP 974.33 & EUR 1,099.09 per ounce
05 Jan: USD 1,317.90, GBP 973.40 & EUR 1,094.25 per ounce

Silver Prices (LBMA)

12 Jan: USD 17.12, GBP 12.56 & EUR 14.12 per ounce
11 Jan: USD 17.01, GBP 12.64 & EUR 14.24 per ounce
10 Jan: USD 17.13, GBP 12.64 & EUR 14.27 per ounce
09 Jan: USD 17.05, GBP 12.60 & EUR 14.30 per ounce
08 Jan: USD 17.17, GBP 12.68 & EUR 14.33 per ounce
05 Jan: USD 17.15, GBP 12.66 & EUR 14.24 per ounce

Mark O'Byrne

Also on news-goldcore-com

Videos

When will Silver Break Out? Is Triple Digit Silver Still on the Cards?

Is Gold Still in a Bull Market?

Gold Mining Operation Supply Issues Points to a Sustained Bull Market for Gold

Blog posts

Quantitative Easing: A Boon or Curse?

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis. However, the increase in central bank assets due to quantitative easing programs during the crisis pale in comparison to the […]

READ MORE

The Fed’s Inflation Gamble Continues

The fed’s inflation gamble continues… Are central banks trapped? Last week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price. Fed on Economic Recovery The Summary of Economic Projections (known as the dot-plots) released with the statement showed that committee members changed […]

READ MORE

Gold as a Currency- Interactive Gold Charts

Gold has a long history as a currency and as part of the monetary system. The use of gold as a currency dates back to 600 BC in what is present-day Turkey. Coins were first made of electrum – which is an alloy made up of gold and silver, with trace amounts of other metals. […]

READ MORE

Featured

How High is Too High for Rising Government Bond Yields?

READ MORE

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

Silver – 7 Reasons it is Still Set to Soar

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

When will Silver Break Out? Is Triple Digit Silver Still on the Cards?

Is Gold Still in a Bull Market?

Gold Mining Operation Supply Issues Points to a Sustained Bull Market for Gold

Blog posts

Quantitative Easing: A Boon or Curse?

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis. However, the increase in central bank assets due to quantitative easing programs during the crisis pale in comparison to the […]

READ MORE

The Fed’s Inflation Gamble Continues

The fed’s inflation gamble continues… Are central banks trapped? Last week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price. Fed on Economic Recovery The Summary of Economic Projections (known as the dot-plots) released with the statement showed that committee members changed […]

READ MORE

Gold as a Currency- Interactive Gold Charts

Gold has a long history as a currency and as part of the monetary system. The use of gold as a currency dates back to 600 BC in what is present-day Turkey. Coins were first made of electrum – which is an alloy made up of gold and silver, with trace amounts of other metals. […]

READ MORE

Featured

How High is Too High for Rising Government Bond Yields?

READ MORE

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

Silver – 7 Reasons it is Still Set to Soar

READ MORE