Daily Market Update

Gold Holds Above $1,500 As Central Banks Lose Control and China Continues to Buy Gold Bullion

NEWS & COMMENTARY

Gold and silver are 4% and 4.7% higher respectively for the week so far

1 Week Relative Performance (Finviz.com)


Gold ends lower but holds firmly above $1,500; Silver loses grip on $17

Gold dips, taking a breather after surpassing key $1,500 level

China Increases Gold Reserves & Diversifies From The Dollar

European stocks seen lower on trade worries and political turmoil in Italy

Carl Icahn is not sure rate cuts can fix problems facing the economy

Bonds, Gold Bid As Italian Political Crisis Re-Emerges: Salvini Demands Fresh Elections

Paul Craig Roberts: Is the Federal Reserve losing control of the gold price?

Is Silver Demand Overwhelming Supply? with Harvey Organ

Gold Blasts Through $1500: Message? Central Banks Out of Control, Not Inflation


Listen and Watch Jim Rogers Interview Here


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

08-Aug-19 1497.40 1495.75, 1230.26 1234.14 & 1335.08 1335.70
07-Aug-19 1487.65 1506.05, 1225.82 1239.33 & 1330.11 1341.44
06-Aug-19 1461.85 1465.25, 1199.59 1201.21 & 1304.85 1311.11
05-Aug-19 1457.45 1465.25, 1199.92 1203.85 & 1307.92 1310.23
02-Aug-19 1436.05 1441.75, 1184.17 1187.28 & 1294.02 1298.44
01-Aug-19 1406.40 1406.80, 1161.12 1161.74 & 1273.35 1273.29
31-Jul-19 1430.55 1427.55, 1175.48 1167.45 & 1283.20 1281.37
30-Jul-19 1428.45 1425.90, 1173.47 1171.95 & 1281.75 1279.60
29-Jul-19 1418.95 1419.05, 1150.91 1157.94 & 1275.78 1275.30
26-Jul-19 1418.25 1420.40, 1140.27 1144.70 & 1273.02 1275.95




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Mark O'Byrne
Executive Director

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