Daily Market Update

“Longer Term It Looks Very Positive For Gold” – GoldCore via Bloomberg

News and Commentary

“Longer Term It Looks Very Positive For Gold” (Bloomberg.com)

Gold buying by central banks hits its highest level in almost three years (CNBC.com)

Gold prices steady; U.S. nonfarm payroll data awaited (Reuters.com)

Central bank gold buying hits highest level since 2015 – $5.8 Billion in Q3 (EconomicTimes)

ISM manufacturing index falls to 6 month low in October as price rises, shortages weigh (MarketWatch.com)

Source: World Gold Council

Gold Demand Trends Third Quarter 2018 (Gold.org)

The Best And Worst Performing Assets In “Brutal” October (ZeroHedge.com)

Euro Bid to Challenge King Dollar Collides With Political Risk (Bloomberg.com)

You have far more control over your money than the system would have you believe (SovereignMan.com)

Mortgage rates slide as echoes of 2006 haunt the housing market (MarketWatch.com)

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Gold Prices (LBMA AM)

01 Nov: USD 1,223.25, GBP 950.47 & EUR 1,075.85 per ounce
31 Oct: USD 1,217.70, GBP 955.77 & EUR 1,074.25 per ounce
30 Oct: USD 1,220.00, GBP 956.36 & EUR 1,074.33 per ounce
29 Oct: USD 1,230.75, GBP 958.88 & EUR 1,078.38 per ounce
26 Oct: USD 1,236.05, GBP 964.98 & EUR 1,087.23 per ounce
25 Oct: USD 1,232.15, GBP 954.67 & EUR 1,079.36 per ounce

Silver Prices (LBMA)

01 Nov: USD 14.45, GBP 11.19 & EUR 12.68 per ounce
31 Oct: USD 14.34, GBP 11.23 & EUR 12.64 per ounce
30 Oct: USD 14.43, GBP 11.32 & EUR 12.71 per ounce
29 Oct: USD 14.65, GBP 11.42 & EUR 12.86 per ounce
26 Oct: USD 14.69, GBP 11.48 & EUR 12.94 per ounce
25 Oct: USD 14.74, GBP 11.43 & EUR 12.92 per ounce

Recent Market Updates

– Alarm Bells Ring and Gold Rises In October As Stocks and Property Fall Globally
– Gold Analysts At LBMA See 25% Return To $1,532/oz In 12 months
– Gold Improves Investment, Pension and Central Bank Portfolio’s Risk-Adjusted Returns
– Gold Gains Nearly 1% On Week As Global Stock Markets Fall Sharply
– Dublin Housing Boom Set To Bust?
– Palladium Surges To All Time Record High On Russian Supply Concerns
– Happy Birthday GoldCore
– “IMF Warning Highlights Gold’s Importance As A Diversification and Happy Birthday GoldCore”
– End Of The Financial World?
– Gold Reserves Surge 1,000% In Hungary As It Joins Poland, Russia, China and Other Central Banks Buying Gold

Mark O'Byrne
Executive Director


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