Daily Market Update

Silver Gains 6% To $18.40/oz and Gold Consolidates Over $1,500/oz This Week

Silver in USD – 10 Years (Silverprice.org)

News and Commentary

Gold steadies near six-year high, silver jumps as growth risks persist

Silver rally is stealing the show even as gold surges to 6-year high

Around 1,000 fake-branded bars likely from China slip dirty gold into Asian gold markets

Trump says US and China resume trade talks Thursday ‘at a different level’

China sends fresh troops into Hong Kong as military pledges to protect ‘national sovereignty’

Japan-South Korea dispute is a sign that the world order is ‘collapsing’

BOE: The Growing Challenges for Monetary Policy in the Current International Monetary and Financial System

JP Morgan: Is the dollar’s “exorbitant privilege” coming to an end?

Gold consolidates over $1,500 and reaches new record highs in GBP and EUR



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

29-Aug-19 1536.65 1540.20, 1260.51 1262.96 & 1387.29 1392.03
28-Aug-19 1541.75 1537.15, 1263.31 1258.77 & 1389.89 1387.43
27-Aug-19 1531.85 1532.95, 1250.91 1247.51 & 1378.97 1380.88
26-Aug-19 UK Bank Holiday
23-Aug-19 1495.50 1503.80, 1224.37 1228.91 & 1351.48 1357.63
22-Aug-19 1498.70 1502.05, 1234.63 1225.97 & 1351.98 1354.10
21-Aug-19 1499.65 1503.25, 1235.41 1238.53 & 1351.48 1354.43
20-Aug-19 1502.65 1504.55, 1242.69 1239.60 & 1356.44 1357.86


Listen and Watch Jim Rogers Interview Here

Click here to listen to the latest GoldCore Podcast


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
Executive Director

Read more...
Newsletter
Category
Archives
Popular

Gold Surges 3% After U.S. Fed’s First Emergency Rate Cut Since 2008

◆ Gold surges 3% and has largest daily gain since June 2016 as the Fed delivers a surprise emergency rate cut, the first since 2008 ◆ Gold has gained over 10% in dollars and by more in other currencies so[...]

READ MORE

BIS Warns of ‘Major Faultlines' In Global Debt Bubble

  - BIS warns "unrealistic and dangerous to expect that monetary policy can cure all the global economy’s ills" - Bank of International Settlements warns that recent turmoil is not caused by isolated incidents - Debt levels are now so[...]

READ MORE