Published in Market Updates  Precious Metals Update 


Germany Still Wants Gold Back - Repatriation Campaign Continues

Today’s AM fix was USD 1,323, EUR 971.44 and GBP 778.51 per ounce. Yesterday’s AM fix was USD 1,313.50, EUR 967.02 and GBP 771.51 per ounce.

Gold rose $3 or 0.2% yesterday to $1,317.50 per ounce and silver rose 2 cents to $20.88 per ounce.

A journalist holds a gold ingot next to a security officer of the German Central Bank, right, in Frankfurt, Germany, Wednesday January 16, 2013


Published in Market Updates  Precious Metals Update 


Interview: Bail-ins May Cause Bank Runs and Capital Controls In Western World - Russia, China Opt Out

Today’s AM fix was USD 1,300.25, EUR 948.33 and GBP 775.20 per ounce. Yesterday’s AM fix was USD 1,292.75, EUR 939.91 and GBP 766.67 per ounce.

Gold fell $3.40 or 0.26% yesterday to $1,293.30/oz. Silver slipped $0.02 or 0.1% to $19.53/oz.


Published in Market Updates  Precious Metals 


Russian Economic Power Driving Wedge Between Indebted Western Governments

Today’s AM fix was USD 1,292.75, EUR 939.91 and GBP 766.67 per ounce. Yesterday’s AM fix was USD 1,292.75, EUR 938.95 and GBP 765.08 per ounce.

Gold climbed $8.00 or 0.62% yesterday to $1,296.70/oz. Silver surged $0.40 or 2.09% to $19.55/oz.


Published in Market Updates  Precious Metals Update 


Ukraine Currency Collapses Nearly 70% Against Gold In 4 Months

Today’s AM fix was USD 1,299.25 EUR 937.48 & GBP 771.89 per ounce. Yesterday’s AM fix was USD 1,299.00, EUR 938.58 & GBP 773.03 per ounce.

Gold rose $0.20 or 0.015% yesterday, closing at $1,303.10/oz. Silver gained $0.05 or 0.25% yesterday to $19.67/oz.


Published in Market Updates  Precious Metals Update 


Bail-Ins Approved By EU Yesterday - Deposits Over €100,000 Vulnerable

Today’s AM fix was USD 1,299.00, EUR 938.58 & GBP 773.03 per ounce. Yesterday’s AM fix was USD 1,311.50, EUR 950.43 & GBP 784.06 per ounce.

Gold dropped $23.80 or 1.79% yesterday, closing at $1,302.90/oz. Silver lost $0.37 or 1.85% yesterday to $19.62/oz.


Published in Market Updates  Precious Metals Update 


85% of Pension Funds Will Go Bust Within 30 Years

Today’s AM fix was USD 1,311.50, EUR 950.43 & GBP 784.06 per ounce. Yesterday’s AM fix was USD 1,324.50, EUR 958.05 & GBP 792.21 per ounce.

Gold rose $8.90 or 0.68% yesterday, closing at $1,326.70/oz. Silver rose $0.04 or 0.2% yesterday to $19.99/oz.

Gold fell from a three week high today on speculation that very tentative signs of an improving U.S. economy will curb demand for the safe haven. A report yesterday showed U.S. retail sales increased more in March than economists forecast.


Published in Market Updates  Precious Metals Update 


Palladium, Gas And Wheat Surge On Russian Supply Fears

Today’s AM fix was USD 1,324.50, EUR 958.05 & GBP 792.21 per ounce. Friday’s AM fix was USD 1,317.25, EUR 948.62 & GBP 785.71 per ounce.

Gold dropped $0.20, or 0.015%, by close of trading on Friday to $1,317.80/oz, but showed a gain of 1.10% on the week. Silver lost $0.10 on Friday, closing at $19.95/oz with a 0.5% loss on the day but a small gain of 0.05% on the week.


Published in Market Updates  Precious Metals Update 


Prepare For Dollar Collapse With 10% To 33% Allocation To Gold - Rickards

Today’s AM fix was USD 1,317.25, EUR 948.62 & GBP 785.71 per ounce. Yesterday’s AM fix was USD 1,321.50, EUR 953.19 & GBP 787.73 per ounce.

Gold gained $6.90 or 0.53% yesterday to $1,318/oz. Silver rose $0.17 or 0.86% to $20.05/oz.


Published in Market Updates  Precious Metals Update 


Bail-In Regime Facing Increasing Opposition In EU

Today’s AM fix was USD 1,321.50, EUR 953.19 & GBP 787.73 per ounce. Yesterday’s AM fix was 1,309.75, EUR 949.92 & GBP 782.74 per ounce.

Gold rose $2.30 or 0.18% yesterday to $1,308.80/oz. Silver lost $0.13 or 0.65% to $19.88/oz.


Published in Market Updates  Precious Metals Update 


Gold and Oil Rise As U.S. - Russia Relations Deteriorate Sharply

Today’s AM fix was USD 1,309.75, EUR 949.92 & GBP 782.74 per ounce. Yesterday’s AM fix was USD 1,314.75, EUR 955.14 and GBP 786.90 per ounce.

Gold rose $12.30 or 0.95% yesterday to $1,308.80/oz. Silver gained $0.13 or 0.65% to $20.01/oz.


Published in Market Updates  Precious Metals Update 


‘Lehman Moment’ Coming? Chinese Credit Markets Freeze

DAILY PRICE REPORT Today’s AM fix was USD 1370.00, EUR 986.46 and GBP 824.41 per ounce. Yesterday’s AM fix was USD 1371.00, EUR 982.30 and GBP 821.70 per ounce.

Gold rose $4.50 or 0.33% yesterday to $1,371.60/oz. Silver dropped 11 cents or 0.52% to $21.17/oz.


Published in Market Updates  Precious Metals Update 


Russia May Retaliate Sanctions By Demanding Payment For Exports In Gold

DAILY PRICE REPORT Today’s AM fix was USD 1371.00, EUR 982.30 and GBP 821.70 per ounce. Yesterday’s AM fix was USD 1355.75, EUR 977.47 and GBP 817.01 per ounce.

Gold rose $20.10 or 1.5% yesterday to $1,367.10/oz. Silver surged 47 cents or 2.2% to $21.28/oz.

Putin and a Gold Bar


Published in Market Updates  Precious Metals Update 


Bank Of England Warns Of Dangers Of Rising House Prices - “Temporary Self-Fulfilling Prophecy”

DAILY PRICE REPORT

Today’s AM fix was USD 1355.75, EUR 977.47 and GBP 817.01 per ounce. Yesterday’s AM fix was USD 1,348.00, EUR 973.57 and GBP 810.44 per ounce.

Gold rose $7.10 or 0.5% yesterday to $1,347/oz. Silver closed unchanged on the day at $20.81/oz.


Published in Market Updates  Precious Metals Update 


Bitcoin Exchange 'Faced 150,000 Hack Attacks Every Second’ Showing 'Technology Risk'

DAILY PRICE REPORT Today’s AM fix was USD 1,348.00, EUR 973.57 and GBP 810.44 per ounce. Yesterday’s AM fix was USD 1,334.25, EUR 961.55 and GBP 800.87 per ounce.

Gold rose $0.7 or 0.05% yesterday, to $1,339.90/oz. Silver dropped $0.08 or 0.38% to $20.81/oz.


Published in Market Updates  Precious Metals Update 


Gold Hedges Against Surge In Cost Of Bread, Eggs, Beer and Fuel

DAILY PRICE REPORT Today’s AM fix was USD 1,334.25, EUR 961.55 and GBP 800.87 per ounce. Friday’s AM fix was USD 1,348.25, EUR 971.22 and GBP 805.17 per ounce.

Gold fell $11.30 or 0.82% on Friday, to $1,339.20/oz. Silver dropped $0.65 or 2.2% at $20.89/oz.


Published in Market Updates  Precious Metals Update 


Gold In 2014: Scramble For Physical Gold As Price Manipulation Unravels?

Today’s AM fix was USD 1246.50, EUR 920.538 and GBP 757.336 per ounce. Yesterday’s AM fix was USD 1,254.00, EUR 922.20 and GBP 761.89 per ounce.

Gold fell $26.80 or nearly 2% yesterday to $1,243.00/oz. Silver fell $0.58 or nearly 3% to $19.20/oz.

Gold in USD - This Week


Published in Market Updates  Precious Metals Update 


RBS £8 Billion Loss Shows Risk In UK Banking System

Today’s AM fix was USD 1,254.75, EUR 917.89 and GBP 756.42 per ounce. Yesterday’s AM fix was USD 1,253.50, EUR 919.12 and GBP 757.04 per ounce.

Gold fell $1.00 or 0.08% yesterday to $1,254.10/oz. Silver slipped $0.05 or 0.25% to $19.58/oz.

Traders eagerly await news from the Fed’s policy announcement on Wednesday. The recent tapering of the central bank’s bond-buying program by $10 billion to $75 billion a month is already largely priced into the market.


Published in Market Updates  Precious Metals Update 


Gold Down 28% In 2013 Despite "Skyrocketing Demand" - Perth Mint Sales Surge 41%

Today’s AM fix was USD 1219.75, EUR 888.84 and GBP 737.05 per ounce.

Tuesday’s (12/31/13) AM fix was USD 1201.50, EUR 872.55 and GBP 726.99 per ounce.

Gold and silver prices surged higher today in the opening hours of trade in 2014. Gold rose 1.8% to $1,220/oz and silver surged over 3% to $20.02/oz.

Gold fell 28% in 2013, while silver recorded a 36% decline. It was gold’s first annual drop since 2000 and gold and silver’s worst performance since 1981 and 1984 respectively.


Published in Market Updates  Precious Metals Update 


Bloomberg: How to Keep Banks From Rigging Gold Prices

Today’s AM fix was USD 1192.75, EUR 871.957 and GBP 729.466 per ounce. Friday’s AM fix was USD 1,195.00, EUR 875.33 and GBP 731.69 per ounce.

Gold rose 0.85% and silver rose 0.74% on Friday. Gold made gains Friday but still finished the week 2.8% lower. Gold fell back below $1,200 an ounce today as technical selling and year end book squaring led to price falls.


Published in Market Updates  Precious Metals Update 


Venezuela Denies Goldman's Gold Deal As Inflation Tops 54%

Today’s AM fix was USD 1,241.75, EUR 913.11 and GBP 760.45 per ounce.

Yesterday’s AM fix was USD 1,250.75, EUR 923.88 and GBP 773.69 per ounce.

Gold fell $4.10 or 0.33% yesterday, closing at $1,236.33/oz. Silver slid $0.17 or 0.86% closing at $19.68/oz. Platinum fell $19.20, or 1.4%, to $1,352.70 an ounce and palladium fell $2.50, or 0.4%, to $715.95 an ounce.