GoldCore News

Gold Is A Reserve Of Safety – ECB President

Today’s AM fix was USD 1,317.00, EUR 962.09 and GBP 813.16 per ounce. Yesterday’s AM fix was USD 1,308.50, EUR 959.87 and GBP 813.09 per ounce. Gold climbed $40.20 or 3.14% yesterday, closing at $1,319.70/oz. Silver rose $0.53 or 2.49% closing at $21.80. Platinum jumped $44.84 or 3.2% to $1,432.74/oz, while palladium soared $23.50 or 3.3% to $737.50 /oz.

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Gold Spikes 3% After Debt Ceiling Rises, U.S. Downgrade, Chase Bank Imposes Capital Controls

Today’s AM fix was USD 1,308.50, EUR 959.87 and GBP 813.09 per ounce. Yesterday’s AM fix was USD 1,278.25, EUR 944.75 and GBP 797.71 per ounce. Gold fell $1.80 or 0.14% yesterday, closing at $1,279.50/oz. Silver slid $0.06 or 0.28% closing at $21.27. Platinum climbed $14.80 or 0% to $1,395.20/oz, while palladium rose $7.25 or 1% to $712.55/oz. Gold prices jumped $36 in 15 minutes and it surged as high as $1,321 per ounce or as much as 3.6% at one stage. Silver jumped by an even greater margin, by 5.1%, and rose as high as $22.18/oz.

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Gold Surged 17% In 15 Trading Days After Last Debt Ceiling Extension In 2011

Today’s AM fix was USD 1,278.25, EUR 944.75 and GBP 797.71 per ounce. Yesterday’s AM fix was USD 1,255.50, EUR 929.59 and GBP 787.79 per ounce. Gold climbed $8.60 or 0.68% yesterday, closing at $1,281.30/oz. Silver rose $0.07 or 0.33% closing at $21.33. Platinum climbed $2.99 or 0.2% to $1,380.49/oz, while palladium fell $7.78 or 1.1% to $704.72/oz.

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Price Suppression Theory Mainstream After Single $650 Million Sell Trade

Today’s AM fix was USD 1,255.50, EUR 929.59 and GBP 787.79 per ounce. Yesterday’s AM fix was USD 1,276.00, EUR 941.49 and GBP 799.50 per ounce. Gold inched up $2.50 or 0.2% yesterday, closing at $1,272.70/oz. Silver slid $0.03 or 0.14% closing at $21.26. Platinum climbed $12.80 or 0.9% to $1,376.50  /oz, while palladium rose $0.09 or 0% to $711.59/oz. Gold In USD, 3 Days - (Bloomberg)

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Indian Premiums Surge $30 To Record On Physical Demand, Supply Crunch

Today’s AM fix was USD 1,276.00, EUR 941.49 and GBP 766.50 per ounce. Friday’s AM fix was USD 1,285.75, EUR 947.15 and GBP 804.30 per ounce. Gold fell $17.20 or 1.34% Friday, closing at $$1,270.20/oz. Silver slipped $0.30 or 1.39% closing at $21.29. Platinum dropped $13.51 or 1% to $1,366.49/oz, while palladium rose $3.22 or 0.5% to $709.22/oz. Gold and silver had negative returns for the week at 3.08% and 1.80% respectively.

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U.S. Debt Limit To Be Raised For 18th Time In 20 Years – Gold Vulnerable Short Term But Real Record High Likely

Today’s AM fix was USD 1,285.75, EUR 947.15 and GBP 804.30 per ounce. Yesterday’s AM fix was USD 1,298.00, EUR 959.56 and GBP 814.51 per ounce. Gold fell $18.90 or 1.45% yesterday, closing at $1,287.40/oz. Silver slipped $0.26 or 1.19% closing at $21.59. Platinum rose $9.20 or 0.7% to $1,382.00/oz, while palladium climbed $6.50 or 0.9% to $707/oz. Premiums in China and India remained robust overnight. Shanghai premiums are at $28 over spot and in Mumbai premiums jumped to $30 to $40 an ounce from last week's $5 to $7 an ounce.

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U.S. Treasury “Firm Believers In Gold”, Will Not Sell Even To Avoid Default

Today’s AM fix was USD 1,298.00, EUR 959.56 and GBP 814.51 per ounce. Yesterday’s AM fix was USD 1,309.50, EUR 968.28 and GBP 819.77 per ounce. Gold fell $13.10 or 0.99% yesterday, closing at $1,306.30/oz. Silver slipped $0.45 or 2.02% closing at $21.85. Platinum dropped $16.50 or 1.2% to $1,379.10/oz, while palladium fell $11.28 or 1.6% to $700.72/oz.

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Goldman Tell Clients To Sell Gold – Did Same In Nov 2007, Gold Then Rose 12%

Today’s AM fix was USD 1,309.50, EUR 968.28 and GBP 819.77 per ounce. Yesterday’s AM fix was USD 1,321.00, EUR 973.18 and GBP 821.82 per ounce. Gold fell $3.00 or 0.23% yesterday, closing at $1,319.40/oz. Silver inched down $0.03 or 13% closing at $22.30. Platinum climbed $7.69 or 0.6% to $1,399.99/oz, while palladium rose $9.37 or 1.3% to $710.37/oz.

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$12 Trillion U.S. Default Risk – Dollar Decline, Gold To Rise As History Repeats

Today’s AM fix was USD 1,321.00, EUR 973.18 and GBP 821.82 per ounce. Yesterday’s AM fix was USD 1,311.00, EUR 965.11 and GBP 816.26 per ounce. Gold climbed $11.80 or 0.9% yesterday, closing at $1,322.40/oz. Silver soared $0.65 or 3% closing at $22.33. Platinum climbed $15.89 or 1.2% to $1,396.49/oz, while palladium rose $2.47 or 0.4% to $699.47/oz. Gold is being supported as the U.S. government shutdown that continues with no end in sight and the deadline to raise the national debt ceiling looms, burnishing gold's safe haven appeal.

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“Algerians Are Investing In Property, Gold and Foreign Currencies”

Today’s AM fix was USD 1,311.00, EUR 965.11 and GBP 816.26 per ounce. Friday’s AM fix was USD 1,316.00, EUR 967.01 and GBP 817.04 per ounce. Gold fell $6.80 or 0.52% Friday, closing at $1,310.60/oz. Silver inched down $0.02 or .09% closing at $21.68. Platinum climbed $16.94 or 1.24% to $1,379.24/oz, while palladium climbed $4.22 or 0.61% to $701.22/oz. Gold and silver were off marginally for the week at 1.90% and 0.18% respectively.

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Emperors With No Clothes – From Nero To Nixon To Obama

Today’s AM fix was USD 1,316.00, EUR 967.01 and GBP 817.04 per ounce. Yesterday’s AM fix was USD 1,309.00, EUR 961.58 and GBP 806.63 per ounce. Gold inched up $1.40 or 0.11% yesterday, closing at $1,317.40/oz. Silver remained unchanged closing at $21.70. Platinum climbed $10.10 or .74% to $1,372.40/oz, while palladium climbed $3.47 or 0.5% to $700.47/oz. Gold traded up marginally in London as investors digested the U.S. government shutdown and the debt ceiling deadline.

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Gold Up 2.4% On Government Shutdown and U.S. Default Risk On October 17

Today’s AM fix was USD 1,309.00, EUR 961.58 and GBP 806.63 per ounce. Yesterday’s AM fix was USD 1,293.75, EUR 955.93 and GBP 797.92 per ounce. Gold climbed $26.10 or 2.02% yesterday, closing at $1,316/oz. Silver rose $0.52 or 2.46%, closing at $21.70. Platinum inched up $13.65 or 1% to $1,388.25/oz, while palladium climbed $2.38 or 0.3% to $717.38/oz.

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LBMA Consensus: Outlook for Gold Positive Despite Short Term Nervousness

Today’s AM fix was USD 1,293.75, EUR 955.93 and GBP 797.92 per ounce. Yesterday’s AM fix was USD 1,332.25, EUR 983.14 and GBP 819.85 per ounce Gold fell $37.90 or 2.85% yesterday, closing at $1,289.90/oz. Silver slid $0.49 or 2.26%, closing at $21.18. Platinum fell $19.40 or 1.4% to $1,379.40/oz, while palladium dropped $5.03 or 0.7% to $716.47/oz.

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Central Banks Favour Gold As Diversification – LBMA

Today’s AM fix was USD 1,332.25, EUR 983.14 and GBP 819.85 per ounce. Yesterday’s AM fix was USD 1,335.75, EUR 989.59 and GBP 827.30 per ounce Gold fell $8.20 or 0.93% yesterday, closing at $1,327.80/oz. Silver dropped $0.05 or 0.23%, closing at $21.72. Platinum fell $12.04 or 0.9% to $1,401.06/oz, while palladium slipped $6.25 or 0.9% to $721.75/oz.

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Strong Silver Coin and Bar Demand From India and U.S.

Today’s AM fix was USD 1,335.75, EUR 989.59 and GBP 827.30 per ounce. Friday’s AM fix was USD 1,321.50, EUR 978.45 and GBP 822.03 per ounce. Gold climbed$12.30 or 0.93% Friday, closing at $1,336/oz. Silver rose $0.02 or 0.05%, closing at $21.72. Gold rose 0.81% while silver slid 0.09% for the week.

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Gold Analysts Bullish Due To Money Creation On Scale Never Seen In History

Today’s AM fix was USD 1,321.50, EUR 978.45 and GBP 822.03 per ounce. Yesterday’s AM fix was USD 1,332.50, EUR 987.92 and GBP 830.22 per ounce Gold slid $9.40 or 0.7% yesterday, closing at $1,323.70/oz. Silver fell $0.06 or 0.28%, closing at $21.70. Platinum dropped $21.70 or 1.5% to $1,404.50/oz, while palladium slipped $1.75 or 0.2% to $718.75/oz. 

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U.S. 5 Year Silver Market Investigation Ends – No LIBOR Style Manipulation

Today’s AM fix was USD 1,332.50, EUR 987.92 and GBP 830.22 per ounce. Yesterday’s AM fix was USD 1,320.25, EUR 977.67 and GBP 825.36 per ounce Gold rose $10.60 or 0.8% yesterday, closing at $1,333.10/oz. Silver gained $0.11 or 0.51%, closing at $21.76. Platinum rose $4.19 or 0.3% to $1,422.49/oz, while palladium climbed $3.22 or 0.4% to $720.22/oz. 

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Fed Concerned About Suspicious Gold Trading After FOMC Meeting

Today’s AM fix was USD 1,320.25, EUR 977.67 and GBP 825.36 per ounce. Yesterday’s AM fix was USD 1,316.50, EUR 976.05 and GBP 823.43 per ounce Gold rose $1.40 or 0.11% yesterday, closing at $1,322.50/oz. Silver climbed $0.09 or 0.42%, closing at $21.65. At 3:13 EDT, Platinum inched up $7.89 or 0.6% to $1,423.49/oz, while palladium rose $6.75 or 0.9% to $718.75/oz. 

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Singapore Continues Push To Become Asian and Global Gold Hub

Today’s AM fix was USD 1,316.50, EUR 976.05 and GBP 823.43 per ounce. Yesterday’s AM fix was USD 1,321.75, EUR 978.71 and GBP 824.34 per ounce Gold fell $4.20 or 0.32% yesterday, closing at $1,321.10/oz. Silver dropped $0.18 or 0.37%, closing at $21.56. At 3:22 EDT, Platinum slipped $9.66 or 0.7% to $1,417.74/oz, while palladium fell $3.23 or 0.5 to $710.97/oz. 

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$17 Trillion U.S. National Debt? Try $211 Trillion

Today’s AM fix was USD 1,321.75, EUR 978.71 and GBP 824.34 per ounce. Friday’s AM fix was USD 1,355.25, EUR 1,002.18 and GBP 845.39 per ounce Gold dropped $39.30 or 2.92% Friday, closing at $1,325.30/oz. Silver slid $1.27 or 5.84%, closing at $21.74. At 3:32 EDT Friday, Platinum fell $31.30 or 2.1% to $1,427.50/oz, while palladium slipped $18.53 or 2.5% to $713.97 /oz. Gold was up 0.16% and silver was down 2.03% on the week.

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London Property Woes Continue As House Prices Fall to 2.5 Year Low

Gold and Silver Bullion - News and Commentary Gold prices notch fifth week of gains in a row (MarketWatch.com) Gold notches 5th week of gains, palladium hits record (Reuters.com) London Housing Woe Endures as Prices Drop to 2 1/2-Year Low (Bloomberg.com)[...]

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Goldnomics Podcast - Gold, Stocks, Bitcoin in 2018. Everything Bubble Bursts?

Goldnomics Podcast - Gold, Stocks, Bitcoin in 2018. Everything Bubble Bursts?  [iframe sandbox="allow-popups allow-same-origin allow-scripts" src="//player.blubrry.com/id/29580649/#time-0&darkOrLight-Light&shownotes-ffffff&shownotesBackground-444444&download-ffffff&downloadBackground-003366&subscribe-ffffff&subscribeBackground-fb8c00&share-ffffff&shareBackground-1976d2" width="300px" height="138px"] Press play to listen to podcast In this our first GoldNomics podcast we take a look at the major financial market themes[...]

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Up to 95 Percent of Cryptocurrencies ‘Will Drop to Zero’ – GoldCore

Gold and Silver Bullion - News and Commentary Gold prices inch up as dollar hits 3-yr lows (Reuters.com) Dollar stoops to three-year low, euro shakes off Merkel coalition concerns (Reuters.com) Gold rebounds and rises to $1340 as USD slides (FXStreet.com) Bitcoin[...]

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