Published in Market Update  Precious Metals 


Gold Lockdown Until Options Expiry Monday - New Singapore Gold Contract Threatens Manipulation

Today’s AM fix was USD 1,292.50, EUR 961.18 and GBP 761.64 per ounce. Yesterday’s AM fix was USD 1,300.00, EUR  964.68 and GBP 763.76 per ounce.

Gold fell $12.50 or 0.96% yesterday to $1,292.40/oz and silver slid $0.55 or 2.63% to $20.37/oz.


Published in Market Update  Precious Metals 


EU Bail-Ins - Retrospective Bail-In Ignoring State Guarantee

Today’s AM fix was USD 1,300.00, EUR 964.68 and GBP 763.76 per ounce.  Yesterday’s AM fix was USD 1,307.50, EUR  971.04 and GBP  767.54 per ounce.

Gold fell $1.60 or 0.12% yesterday to $1,304.90/oz and silver slipped $0.02 or 0.1% to $20.92/oz.


Published in Market Update  Precious Metals 


‘Apocalypse’ Krugman Ignores Keynes And Comrade Lenin’s Warnings

Today’s AM fix was USD 1,307.50, EUR 971.04 and GBP 767.54 per ounce. Yesterday’s AM fix was USD 1,307.00, EUR  969.44 and GBP 765.76 per ounce.

Gold fell $6.40 or 0.49% on yesterday to $1,306.50/oz and silver remained unchanged at $20.94/oz.


Published in Market Update  Precious Metals 


Gaza And Ukraine: Pawns In A Deadly, Grotesque Geopolitical Game

Today’s AM fix was USD 1,307.00, EUR 969.44 and GBP 765.76 per ounce. Yesterday’s AM fix was USD 1,312.75, EUR 970.75 and GBP 768.72 per ounce.

Gold rose $2.40 or 0.18% on yesterday to $1,312.90/oz and silver climbed $0.09 or0.43% to $20.94/oz.


Published in Market Update  Precious Metals 


BOE’s Carney Leads Push For Bail-Ins - China and Japan Against

Today’s AM fix was USD 1,312.75, EUR 970.75 and GBP 768.72 per ounce. Friday’s AM fix was USD 1,310.25, EUR 968.40 and GBP 765.78 per ounce.

Gold fell $9.10 or 0.69% on Friday to $1,310.50/oz and silver slipped $0.29 or 1.37% to $20.85/oz. Gold and silver were both down on the week at 2.03% and 2.71% respectively.

Gold gained in London as investors were concerned re military conflict in Ukraine and Gaza. Palladium held below a 13-year high.


Published in Market Update  Precious Metals 


'Archduke Ferdinand' Moment? Drums Of War Grow Louder In Ukraine and Middle East

Today’s AM fix was USD 1,310.25, EUR 968.40 and GBP 765.78 per ounce. Yesterday’s AM fix was USD 1,302.75, EUR 962.65 and GBP 761.35 per ounce.

Gold rose $21.10 or 1.62% yesterday to $1,319.60/oz and silver climbed $0.39 or 1.88% to $21.14/oz.


Published in Market Update  Precious Metals 


Gold Back Over $1,300 And Palladium At 13 Year High On New Russia Sanctions

Today’s AM fix was USD 1,302.75, EUR 962.65 and GBP 761.35 per ounce. Yesterday’s AM fix was USD 1,297.50, EUR 958.13 and GBP 757.40 per ounce.

Gold rose $4.40 or 0.34% yesterday to $1,298.50/oz and silver climbed $0.04 or 0.19% to $20.75/oz.


Published in Market Update  Precious Metals 


India Sees Gold Imports Surge 65% In June

Today’s AM fix was USD 1,297.50, EUR 958.13 and GBP 757.40 per ounce. Yesterday’s AM fix was USD 1,312.00, EUR 965.20 and GBP 765.51 per ounce.

Gold fell $12.60 or 0.96% yesterday to $1,294.10/oz and silver slipped $0.21 or 1% to $20.71/oz.


Published in Market Update  Precious Metals 


Gold Manipulation? - $1.3 Billion Paper Gold Dump As ETF And Coin Demand Rise

Today’s AM fix was USD 1,312.00, EUR 965.20 and GBP 765.51 per ounce. Yesterday’s AM fix was USD 1,321.25, EUR 969.87 and GBP 771.53 per ounce.

Gold dropped $31.00 or 2.32% yesterday to $1,306.70/oz and silver slid $0.50 or 2.38% to $20.92/oz.


Published in Market Update  Precious Metals 


EU Bail-Ins Coming As Germany OKs Depositor Bail-In

Today’s AM fix was USD 1,321.25, EUR 969.87 and GBP 771.53 per ounce. Friday’s AM fix was USD 1,336.50, EUR 981.78 and GBP 779.39 per ounce.

Gold climbed $1.90 or 0.14% Friday to $1,337.70/oz and silver rose $0.05 or 0.23% to $21.43/oz. Gold and silver were both up for the week at 1.37% and 1.42%.

Gold pulled back from its recent highs from $1,340/oz to $1,316/oz. There are a number of factors supporting gold’s price level and we believe will likely give it a boost in the near term.


Published in Market Update  Precious Metals 


Silver Up 10.3% YTD - Outperformance To Continue

Today we look at silver and why it is an important allocation in all portfolios

- Why Silver is in a Bull Market and How High Could it Go? - Is Silver About Returns Or A Hedge Against Inflation & Systemic Risk? - Silver: Tiny Global Supply - Silver’s Unique Properties - Silver: Increasing Technological and Industrial Demand - Silver: Medical Demand - Silver: Increasing Investment Demand - Silver Undervalued Versus Gold - Conclusion


Published in Market Update  Precious Metals 


Gold Surges Above Resistance At $1,334 As Israel Prepares Possible Invasion Of Gaza

Today’s AM fix was USD 1,343.25, EUR 985.22 and GBP 784.61 per ounce. Yesterday’s AM fix was USD  1,322.50, EUR 971.71 and GBP  773.08 per ounce.

Gold climbed $8 or 0.61% yesterday to $1,327.70/oz and silver rose $0.07 or 0.33% to $21.11/oz.


Published in Market Update  Precious Metals 


Palladium Surges To 2001 Highs At $874/oz - Up 13 Days In A Row

Today’s AM fix was USD 1,322.50, EUR 971.71 and GBP 773.08 per ounce. Yesterday’s AM fix was USD  1,318.25, EUR 969.23 and GBP  770.73 per ounce.

Gold climbed $0.10 or 0.01% yesterday to $1,319.70 and silver rose $0.02 or 0.1% to $21.04 per ounce.

Palladium in US Dollars - 20 Years


Published in Market Update  Precious Metals 


Gold To Rise On “Systemic And Geopolitical Risk” As Price Fixing Ends

Today’s AM fix was USD 1,318.25, EUR 969.23 and GBP 770.73 per ounce. Yesterday’s AM fix was USD  1,313.25, EUR 965.84 and GBP 765.97 per ounce.

Gold remained unchanged yesterday at $1,319.60 and silver slipped $0.11 or 0.52% to $21.02 per ounce.

London's scandal-hit gold price fixing under spotlight (AFP)

 


Published in Market Update  Precious Metals 


Europe Seeks Alternative To Dollar Dominance - 70 Year Shift

Today’s AM fix was USD 1,313.25, EUR 965.84 and GBP 765.97 per ounce. Friday’s AM fix was USD 1,321.50, EUR 972.34 and GBP 770.69 per ounce.      

The U.S. market was closed on Friday for a national holiday. Friday’s PM fix in London was USD 1,319.25, EUR  970.89 and GBP 769.02 per ounce.      


Published in Market Update  Precious Metals 


Debt Fueled and Low Volume Equity Rally, Gold Holds and Waits

Today’s AM fix was USD 1,321.50, EUR 972.34 and GBP 770.69 per ounce.      Yesterday’s AM fix was USD 1,322.50, EUR 968.58  and GBP 771.27 per ounce.  

Gold fell $7.30 or 0.55% yesterday to $1,319.60 per ounce and silver dropped $0.03 or 0.14% to $21.13 per ounce.

Happy July 4th to all of our U.S. readers.

Gold is down slightly but is holding on to its recent gains with gusto.


Published in Market Update  Precious Metals 


UK MP's Urge FCA To Investigate Gold Fix Manipulation

Today’s AM fix was USD 1,322.50, EUR 968.58 and GBP 771.27 per ounce.      Yesterday’s AM fix was USD  1,326.75, EUR 970.98 and GBP 772.80 per ounce.  

Gold climbed $0.01 or 0.13% yesterday to $1,326.90 per ounce and silver rose $0.11 or 0.52% to $21.16 per ounce.


Published in Market Update  Precious Metals 


US Equity Markets Are Overbought, Gold Looking Solid

Today’s AM fix was USD 1,326.75, EUR 970.98 and GBP 772.80 per ounce. Yesterday’s AM fix was USD  1,325.75, EUR 968.48  and GBP 773.39 per ounce.  

Gold fell $1.70 or 0.13% yesterday to $1,326.80 per ounce and silver slipped $0.04 or 0.19% to $21.05 per ounce.

US Equity Markets are Overbought, Gold Looking Solid


Published in Market Update  Precious Metals 


Gold Moves Higher On Iraq And Weaker Dollar

Today’s AM fix was USD 1,325.75, EUR 968.48 and GBP 773.39 per ounce. Yesterday’s AM fix was USD 1,313.00, EUR 961.62 and GBP 771.54 per ounce.  


Published in Market Update  Precious Metals 


‘Euphoric’ Capital Markets Are Out Of Step With Reality, Warns BIS

Today’s AM fix was USD 1,313.00, EUR 961.62 and GBP 771.54 per ounce. Friday’s AM fix was USD 1,315.25, EUR 966.31 and GBP 772.45 per ounce. 

Gold fell $0.10 or 0.01% Friday to $1,316.10 per ounce and silver slipped $0.09 or 0.43% to $20.99 per ounce. Gold and silver both climbed for the week at 0.12% and 0.62% respectively.