Daily Market Update

Why the Gold Rally Is Set to Run

A confluence of factors is leading to a rally in gold prices that could last for several years.

It’s all systems go for gold investors.

The bullion market is stirring from a multiyear slumber and looks set to enter a sustained rally, experts say. Double-digit increases within the next 18 months may be only the start of the price surge.

“[W]e believe there is a very good chance that this marks the beginning of a new gold bull market,” says gold market veteran Joe Foster, portfolio manager for the VanEck International Investors Gold Fund. Foster says the run is “likely to last several years.” 

Full article via The Street here

GOLDNOMICS PODCAST (Episode 12)

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



News and Commentary

Gold Dips as Dollar Ticks Higher, All Eyes on Fed

Wall Street Weighs Wild-card Risk of U.S. Move to Weaken Dollar

London Gold Trading Volumes Surged in Late June as Prices Rocketed – LBMA


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

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
02-Jul-19 1393.10 1391.05, 1105.01 1101.02 & 1233.59 1231.77
01-Jul-19 1390.05 1390.10, 1099.81 1099.99 & 1227.41 1227.74
28-Jun-19 1413.20 1409.00, 1114.87 1108.18 & 1241.07 1237.81




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


Receive Our Free Daily or Weekly Updates by Signing Up Here


Mark O'Byrne
Executive Director

Read more...
Category
Archives
Popular

No posts available