Daily Market Update

Largest Gold Nugget in Britain Found in River in Scotland – “Experts” Concerned About a Scottish Gold Rush


The largest gold nugget in Britain has been found in a Scottish river, as experts reveal that members of the public are taking up hunting after watching YouTube clips.

The diver, who wishes to remain anonymous, discovered the £80,000 “doughnut-shaped” nugget using a method called “sniping”, in which a prospector uses a snorkel and hand tools to scan the riverbed for treasures.

The 22-carat lump, found in two separate pieces ten minutes apart in an undisclosed river in May, weighed a total of 121.3 g.

It earned the name of the Reunion Nugget after the two lumps- weighing 89.6g and 31.7g each- perfectly fitted together, leaving a small hole in the middle.

You can read the full article here…

NEWS & COMMENTARY

Gold prices steady on mixed U.S.-China trade signals

Gold hits near 1-month high as trade drag prompts safety buying

China gives little indication US trade talks are progressing

China maintains tariffs must be reduced for phase one trade deal with U.S

Trump abruptly cancels NATO news conference after summit turns sour

GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

04-Dec-19 1475.85 1475.10, 1131.53 1125.94 & 1332.54 1327.89
03-Dec-19 1470.40 1477.30, 1132.50 1136.78 & 1328.51 1333.12
02-Dec-19 1457.50 1461.15, 1130.00 1130.05 & 1323.26 1321.17
29-Nov-19 1456.35 1460.15, 1129.55 1131.32 & 1323.24 1327.42
28-Nov-19 1457.55 1454.65, 1127.27 1127.35 & 1323.60 1321.84
27-Nov-19 1459.80 1454.35, 1134.12 1129.74 & 1326.23 1322.30
26-Nov-19 1457.65 1454.65, 1133.76 1131.86 & 1322.96 1321.11
25-Nov-19 1459.45 1458.40, 1133.41 1130.84 & 1325.33 1323.35
22-Nov-19 1471.30 1464.45, 1143.05 1140.22 & 1330.35 1326.06
19-Nov-19 1464.90 1468.45, 1132.37 1134.23 & 1323.68 1325.86


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Mark O'Byrne
Executive Director

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