03
Apr
2017

Gold and Silver Best Performing Assets In Q1, 2017

– Gold, silver two of the best performing assets in the first quarter of 2017 with gains of  8% and 14% respectively
– Gold outperforms benchmarks – S&P 500 up 6%, MSCI (All Country World Index) up 6.4% (see tables)
– Nasdaq and German DAX rise 11.8% and 7.6%
– Silver best performing currency in quarter
– Five best performing currencies in Q1 are in order – silver, bitcoin, Mexican peso, Russian ruble and gold
– Gold’s biggest quarterly gain since Q1 16, when rose 16%
– Gold has seen gains in 8 of the last 10 first quarters
– Palladium and platinum  gain 17.7% and 5.2% respectively
– Uncertainty over Trump’s economic and foreign policies and geo-political risks from Brexit and elections in the EU lead to safe haven demand for gold and silver bullion

2017 Performance

Below are the tables and charts which show how markets and currencies have performed to date in 2017 – click on images to enlarge.

YTD 2017 Relative Performance – Finviz


2017 Asset Performance – Thomson Reuters


Gold Price Performance – Goldprice.org


‘Long Real Assets’ – BofAML via ZeroHedge.com



Gold in USD 1 Year – GoldCore.com


Silver in USD 1 Year – GoldCore.com
Daily and Weekly Updates Here

Gold and Silver Bullion – News and Commentary

Gold prices steady, buoyed by tepid U.S. econ data (Reuters.com)

Metals Enjoy Longest Rally in Seven Years as Low Rates Lure Cash (Bloomberg.com)

Gold, lumber buck rough first quarter for commodities (MarketWatch.com)

Asia markets higher, Trump’s NKorea comments weigh (CNBC.com)

Gibraltar chief minister rejects any talk of war, but says Spain’s behavior is ‘abominable’ (CNBC.com)

Q1, 2017 Relative Performance (Finviz.com)

Gold’s time to shine is now – Trader – CNBC Interview (CNBC.com)

Moscow And Beijing Join Forces To Bypass US Dollar In Global Markets, Shift To Gold Trade (ZeroHedge.com)

‘Primary actors’ in gold market and gold market rigging – GATA Interview (CNBC.com)

“Have at least 10% of your financial wealth in physical gold and silver” – Rickards Interview
(Youtube.com)

Why the economy is heading to a recession (HuffingtonPost.com)

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Gold Prices (LBMA AM)

03 Apr: USD 1,246.25, GBP 997.25 & EUR 1,168.48 per ounce
31 Mar: USD 1,241.70, GBP 996.46 & EUR 1,161.98 per ounce
30 Mar: USD 1,250.90, GBP 1,005.72 & EUR 1,165.34 per ounce
29 Mar: USD 1,252.90, GBP 1,007.71 & EUR 1,161.19 per ounce
28 Mar: USD 1,253.65, GBP 996.15 & EUR 1,154.49 per ounce
27 Mar: USD 1,256.90, GBP 1,000.49 & EUR 1,157.86 per ounce
24 Mar: USD 1,244.00, GBP 996.20 & EUR 1,150.82 per ounce

Silver Prices (LBMA)

03 Apr: USD 18.16, GBP 14.52 & EUR 17.05 per ounce
31 Mar: USD 18.06, GBP 14.50 & EUR 16.91 per ounce
30 Mar: USD 18.10, GBP 14.53 & EUR 16.85 per ounce
29 Mar: USD 18.13, GBP 14.58 & EUR 16.81 per ounce
28 Mar: USD 17.94, GBP 14.29 & EUR 16.53 per ounce
27 Mar: USD 17.94, GBP 14.25 & EUR 16.51 per ounce
24 Mar: USD 17.63, GBP 14.11 & EUR 16.31 per ounce


Recent Market Updates

– Irish Government To Issue Free Gold Coin To Protect Citizens From Brexit’s Impact On Euro and EU
– ‘Three Wise Men’ Warn Crash Coming, Own Gold
– Brexit Gold Buying – UK Demand for Gold Bars Surges 39%
– ‘Most Secure Coin In the World’ ?
– Gold Bullion Coin Worth $4 Million, Stolen in Berlin Museum Heist
– Gold, Silver Rise 2.5% and 3.2% As ‘Trump Trade’ Fades
– Gold ETFs or Physical Gold? Hidden Dangers In GLD
– Gold Prices See Seventh Day Of Gains After Terrorist Attack In London
– Peak Gold – Biggest Gold Story Not Being Reported
– Silver 1/ 70th The Price of Gold – Silver Eagles Sales Jump
– The Best Ways to Invest in Gold Today
– Gold Cup – Horse Racing’s Greatest Show, Gambling and ‘Going for Gold’
– Gold Up 1.8%, Silver Up 2.6% After Dovish Fed Signals Slow Rate Rises

Mark O'Byrne
Executive Director