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

Listen: The Case For Gold and How To Buy It

Gareth Soloway – This is the catapult that will send gold to new highs

Former Fed Insider Danielle DiMartino Booth Gives Us Her Interest Rate Predictions

Blog posts

Economists Write Yet Another Report To Explain How Inflation Happens

It’s always good to have regular validation about decisions we choose to make. Take the decision to buy gold, for example. At the moment central bankers and economists just can’t help themselves but make statements or hold press conferences or publish papers that effectively say to gold investors ‘KEEP GOING!’. Whether it is Andrew Bailey […]

READ MORE

A Showdown in Gold Is Imminent

The industry-leading In Gold We Trust Report was released this week. So convinced are the authors “that the monetary and geopolitical situation as well as the chart development of the gold price suggest that a showdown in gold is imminent” that the 2023 report is entitled “Showdown”. This is arguably one of (if not the) […]

READ MORE

Listen: The Case For Gold and How To Buy It

This week Stephen Flood, GoldCore CEO, spoke to Stuart Berryhill of the Money Vision U podcast. Money Vision U is a financial literacy podcast that describes itself as the “financial class you should have in High School”. We think that one of the best things you can do for people today is to give them […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Listen: The Case For Gold and How To Buy It

Gareth Soloway – This is the catapult that will send gold to new highs

Former Fed Insider Danielle DiMartino Booth Gives Us Her Interest Rate Predictions

Blog posts

Economists Write Yet Another Report To Explain How Inflation Happens

It’s always good to have regular validation about decisions we choose to make. Take the decision to buy gold, for example. At the moment central bankers and economists just can’t help themselves but make statements or hold press conferences or publish papers that effectively say to gold investors ‘KEEP GOING!’. Whether it is Andrew Bailey […]

READ MORE

A Showdown in Gold Is Imminent

The industry-leading In Gold We Trust Report was released this week. So convinced are the authors “that the monetary and geopolitical situation as well as the chart development of the gold price suggest that a showdown in gold is imminent” that the 2023 report is entitled “Showdown”. This is arguably one of (if not the) […]

READ MORE

Listen: The Case For Gold and How To Buy It

This week Stephen Flood, GoldCore CEO, spoke to Stuart Berryhill of the Money Vision U podcast. Money Vision U is a financial literacy podcast that describes itself as the “financial class you should have in High School”. We think that one of the best things you can do for people today is to give them […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE