22
Jan
2014

Singapore’s Gold Fix Plan Is Still in Process – SBMA

Today’s AM fix was USD 1,239.50, EUR 915.57 and GBP 749.67 per ounce.
Yesterday’s AM fix was USD 1,247.75, EUR 922.01 and GBP 758.93 per ounce.

Yesterday, gold fell $10.10 or 0.8% to $1,241.80/oz. Silver slipped 0.44 or 2.2% to $19.82/oz.

Gold fell to its lowest level in a week today. Singapore Bullion Market Association (SBMA) Secretary Albert Cheng told Bloomberg overnight that  Singapore’s gold fix plan is still in process. Singapore is positioning itself as Asia’s global precious metals hub.

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21
Jan
2014

German Legislator Seeks Repatriation Of All The Bundesbank’s Gold

Today’s AM fix was USD 1,247.75, EUR 922.01 and GBP 758.93 per ounce.
Yesterday’s AM fix was USD 1,254.75, EUR 925.88 and GBP 763.32 per ounce.

Yesterday’s closing fix in London was USD 1,255.75, EUR 925.87 and GBP 764.11 per ounce. The U.S. markets were closed for a national holiday.

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20
Jan
2014

“I Am A Long-Term Consistent Buyer Of Gold …”

Today’s AM fix was USD 1,254.75, EUR 925.88 and GBP 763.32 per ounce.
Friday’s AM fix was USD 1,241.00, EUR 912.63 and GBP 754.68 per ounce.

Gold rose $10.02 or 0.8% Friday, closing at $1,252.11/oz. Silver rose $0.24 or 1.2% closing at $20.29/oz. Gold was up 0.5% for the week, its 4 consecutive weekly climb, in spite of a stronger dollar. This is positive from a technical and momentum perspective. For the week, silver rose 1.2 % to $20.29 an ounce.

Today, the U.S. markets are closed for Martin Luther King Jr holiday.

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17
Jan
2014

Seven Key Gold Charts – “Bull Market Ahead”

Today’s AM fix was USD 1,241.00, EUR 912.63 and GBP 754.68 per ounce.
Yesterday’s AM fix was USD 1,237.25, EUR 908.61 and GBP 757.19 per ounce.

Gold climbed $1.90 yesterday, closing at $1,240/oz. Silver slipped $0.12 closing at $20.10/oz.

Gold bars (1 oz) premiums are between 4.75% and 5.5% and are trading at $1,309.36. Gold bars (1 kilo) premiums are between 3% and 3.5% and are trading at $41,301.81. Premiums are steady.

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16
Jan
2014

COMEX Gold Stocks At Record Lows As SGE Volumes Surge 61%

Today’s AM fix was USD 1,237.25, EUR 908.61 and GBP 757.19 per ounce.
Yesterday’s AM fix was USD 1,238.00, EUR 908.56 and GBP 753.91 per ounce.

Gold fell $2.80 or 0.23% yesterday, closing at $1,240.60/oz. Silver slipped $0.04 or 0.2% closing at $20.15/oz.

Gold prices are marginally lower again today in most currencies. Gold is more than 1% higher in Australian dollars after a very poor jobs number in Australia raised concerns about Australian asset bubbles and the Australian economy. The Aussie dollar has fallen by 4.4% against gold so far this year.

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15
Jan
2014

Faber Favours Physical Gold, Silver and Platinum To Bitcoin

Today’s AM fix was USD 1,238.00, EUR 908.56 and GBP 753.91 per ounce.
Yesterday’s AM fix was USD 1,248.75, EUR 913.10 and GBP 760.97 per ounce.

Gold fell $11.40 or 0.91% yesterday, closing at $1,243.20/oz. Silver slipped $0.26 or 1.27% closing at $20.19/oz. Platinum rose to a two-month high of $1,446.75 yesterday on concern that industrial unrest at the world’s three biggest platinum producers will weigh on output in South Africa, the biggest producing country.

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14
Jan
2014

Silver Coin Premiums Set To Climb On Reduced Supply

Today’s AM fix was USD 1,248.75, EUR 913.10 and GBP 760.97 per ounce.
Yesterday’s AM fix was USD 1,246.00, EUR 911.89 and GBP 757.86 per ounce.

Gold climbed $7.70 or 0.62% yesterday, closing at $1,254.80/oz. Silver rose $0.32 or 1.59% closing at $20.45/oz.

Gold is marginally lower today but remains near its highest in a month. Safe haven buying has increased after a drop in equities globally due to concerns over the U.S. economy after a disappointing jobs report last week.

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13
Jan
2014

Gold Coin And Bar Shortages Likely To Lead To Rationing

Today’s AM fix was USD 1,246.00, EUR 911.89 and GBP 757.86 per ounce.
Friday’s AM fix was USD 1,232.25, EUR 906.53 and GBP 750.78 per ounce.

Gold climbed $18.70 or 1.52% Friday, closing at $1,247.10/oz. Silver rose $0.56 or 2.86% closing at $20.13/oz. Platinum climbed 14.85, or 1.1%, to $1,428.10/oz and palladium rose $5.99 or 0.8%, to $739.10/oz. Gold was up 0.87% and silver was down 0.15% for the week.

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10
Jan
2014

“Price Of Gold Crashes” – Diversify And Buy Gold For Long Term

Today’s AM fix was USD 1,232.25, EUR 906.53 and GBP 750.78 per ounce.
Yesterday’s AM fix was USD 1,226.00, EUR 900.61 and GBP 744.97 per ounce.

Gold climbed $3.50 or 0.29% yesterday, closing at $1,228.40/oz. Silver rose $0.01 or 0.05% closing at $19.57/oz. Platinum inched down $0.25 to $1,413.75/oz and palladium fell $0.25 to $733.25/oz.

Gold is slightly higher today in all major currencies and up nearly 1% in sterling after the UK’s industrial and manufacturing production number was much worse than expected.

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09
Jan
2014

Royal Mint Runs Out of Sovereign Gold Coins on “Exceptional” Demand

Today’s AM fix was USD 1,226.00, EUR 900.61 and GBP 744.97 per ounce.
Yesterday’s AM fix was USD 1,226.50, EUR 902.50 and GBP 747.37 per ounce.

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