Why Gold Prices Have Climbed to Their Highest Since 2013

Dovish statements from global central banks recently aren’t the only reason for gold’s rise past $1,400 an ounce this week to levels it hasn’t seen in nearly six years.

“Gold is a global market and U.S. monetary policy, while important, is not the only driver of performance,” Juan Carlos Artigas, director of investment research at the World Gold Council, told MarketWatch on Friday.

On the macroeconomic level, there’s “the combination of increase geopolitical tensions and a more accommodative monetary policy stance signaled by central banks, including the [European Central Bank] and the [U.S. Federal Reserve], which have pushed global interest rates lower,” he said.

U.S.-China tensions over trade policy persist as traders await an expected meeting and progress toward a resolution on the trade dispute, between U.S. President Donald Trump and Chinese President Xi Jinping at the Group of 20 leaders summit was June 28-29.

Full article via Marketwatch here

Buy, Transfer & Store Gold and Silver in Zurich, Switzerland – Six Months Free Storage & Complimentary Silver Eagle – Info Here


News and Commentary

Gold Trades Steady Ahead of China GDP Data

We Are Neutral Equities, But Increased Gold, Cash Allocations, Says Cazenove’s Mui

Goldbugs for Trump

Tocqueville Gold Strategy Second Quarter 2019 Investor Letter

GoldSeek Radio: Dr. Marc Faber, John Scurci and Robert Ian

Modern Monetary Theory is Fact and Practice, and Market Rigging is Its Consequence

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

12-Jul-19 1405.60 1407.60, 1122.23 1122.14 & 1248.74 1251.50
11-Jul-19 1423.10 1413.75, 1135.06 1126.62 & 1262.72 1255.83
10-Jul-19 1395.45 1408.30, 1117.34 1126.78 & 1243.35 1252.68
09-Jul-19 1387.90 1391.55, 1113.51 1115.61 & 1239.39 1241.54
08-Jul-19 1404.90 1400.10, 1121.11 1119.38 & 1251.20 1248.19
05-Jul-19 1414.40 1388.65, 1126.43 1110.92 & 1255.99 1237.70
04-Jul-19 1415.25 1414.90, 1125.41 1125.55 & 1254.19 1254.59
03-Jul-19 1425.10 1413.50, 1133.52 1123.31 & 1262.78 1251.65



GOLDNOMICS PODCAST (Episode 12)

Watch Podcast Here or Listen on Apple Podcasts, SoundCloud or Blubrry


Receive Our Free Daily or Weekly Updates by Signing Up Here


Mark O'Byrne

Also on news-goldcore-com

Videos

Will Silver Prices Go Up to $300?

Brent Johnson Interview-The Dollar Milkshake Theory Explained

David Morgan Silver Guru – What’s going on with silver?

Blog posts

More energy blows are dealt to Europe, causing a cold chill to be even colder

When people ask why they should invest in gold or buy silver coins, we often explain that they should do so because they are a form of insurance. Many of us are taking steps right now to protect ourselves from the impact of inflation on our day-to-day spending, others are trying to manage the increase […]

READ MORE

Will Silver Prices Go Up to $300?

This week’s guest is so bullish on silver that he’s even written a best-selling book ‘The Great Silver Bull’ where he takes an in-depth look at why silver will outperform gold once again and even go as high as $300 an ounce. Author and investments editor Peter Krauth joins Dave Russell on GoldCore TV to […]

READ MORE

Standby for Increased Gold Demand from China

Anyone who pays attention to global gold demand knows that China has been at the forefront of gold imports and central bank purchases for many years. To own gold bullion is something that is not only important to the Chinese government but also to Chinese citizens who have sought to buy gold bars and coins […]

READ MORE

Featured

Rick Rule- Should You Invest In Gold 2022

READ MORE

Jim Rogers- The Worst Bear Market is Coming

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Will Silver Prices Go Up to $300?

Brent Johnson Interview-The Dollar Milkshake Theory Explained

David Morgan Silver Guru – What’s going on with silver?

Blog posts

More energy blows are dealt to Europe, causing a cold chill to be even colder

When people ask why they should invest in gold or buy silver coins, we often explain that they should do so because they are a form of insurance. Many of us are taking steps right now to protect ourselves from the impact of inflation on our day-to-day spending, others are trying to manage the increase […]

READ MORE

Will Silver Prices Go Up to $300?

This week’s guest is so bullish on silver that he’s even written a best-selling book ‘The Great Silver Bull’ where he takes an in-depth look at why silver will outperform gold once again and even go as high as $300 an ounce. Author and investments editor Peter Krauth joins Dave Russell on GoldCore TV to […]

READ MORE

Standby for Increased Gold Demand from China

Anyone who pays attention to global gold demand knows that China has been at the forefront of gold imports and central bank purchases for many years. To own gold bullion is something that is not only important to the Chinese government but also to Chinese citizens who have sought to buy gold bars and coins […]

READ MORE

Featured

Rick Rule- Should You Invest In Gold 2022

READ MORE

Jim Rogers- The Worst Bear Market is Coming

READ MORE