Precious Metals Latest

GOLD PRICES rose on Wednesday as shrinking German economy outweighed the Trump tariff relief while yield curves inverted in the US & UK to spread recession fear. Spot gold increased by 1% to $1515 per ounce while European shares fell as Germany’s GDP shrank by 0.1% between April and June, fuelling fears of a recession for Europe’s largest economy.

The World Silver Survey 2019 Review said that global silver demand hit a three-year high in 2018, surpassing more than one billion ounces, up 4% from 2017. At the same time, global silver mine production fell for the third straight year, dropping 2% in 2018 to 855.7 million ounces.

Last Monday, the Treasury Department labeled China a “currency manipulator” for depressing the yuan’s exchange rate. It isn’t clear whether that designation will have anything more than a symbolic effect.

The world is in the midst of one of the strangest asset bubbles of all time. Instead of being fueled by the hope of bigger and bigger gains, it is being driven by a resignation to incurring lower and lower… and ultimately negative, yields on capital.

While motorists continue to enjoy the benefits of a longstanding supply glut in crude oil, car manufacturers are becoming increasingly worried about shortages. Not in liquid fuels, but in metals.

GOLD PRICES soared this Monday morning to multi-year highs in major currencies as China weakens the Yuan which breached the crucial 7-per-dollar as the US-China trade war escalates.

Following months of cajoling by the White House, the Federal Reserve finally cut its benchmark interest rate. However, the reaction in equity and currency markets was not the one President Donald Trump wanted – or many traders anticipated.

GOLD PRICES firmed on Monday at the start of an event-filled week that features the resumption of US-China trade talks, an expected Federal Reserve interest-rate cut and the release of US Nonfarm payroll numbers.

GOLD PRICES rallied from yesterday’s pullback in London on Friday, heading for a small weekly gain versus most major currencies except the US Dollar and Chinese Yen as world stock markets rose following Wall Street’s fresh all-time intraday records.

With the Federal Reserve all but certain to cut interest rates multiple times in the months ahead, central bankers are engaged in a race to the bottom. As negative interest rates expand in Japan and across Europe, as long-term bond yields in the U.S. plummet, and as President Donald Trump continues to talk tough on trade, the Fed has little choice but to cut.

It’s bad enough when bait-and-switch “rare” coin dealers stick it to naive customers. But when one of those shady peddlers got involved with politicians in the state of Ohio more than 15 years ago, it was a major statewide scandal. And the fallout continues today…

GOLD and SILVER PRICES spiked overnight in Asia trade on Friday as US President Trump claimed that a US Navy assault ship had shot down an Iranian drone threatening to attack it. Gold then eased back $15 in London business, retreating from its new 6-year Dollar high of $1452 to show a 1.6% gain for the week.

Gold Gains But Silver Price Leaps Despite Plunge Towards Recession in Asian Exports and New Brexit Warning Bullion.Directory precious metals analysis 18 July, 2019 By Adrian Ash Head of Research […]

President Trump moved recently to nominate an avowed sound money advocate, Judy Shelton, to the Federal Reserve Board. Bullion.Directory precious metals analysis 17 July, 2019 By Stefan Gleason President of […]

Federal Debt Ceiling Reached as Federal Spending Rages Bullion.Directory precious metals analysis 15 July, 2019 By Clint Siegner Director of Money Metals Exchange The federal government will soon run up […]

Gold Prices Steady after Reassuring Chinese Data, Comex Cuts Bullish Bet Bullion.Directory precious metals analysis 16 July, 2019 By Atsuko Whitehouse Head of Japanese Market at Bullion Vault GOLD PRICES […]

Gold Prices Extend US Fed’s ‘Cut Coming’ Gains, UK Gold Hits 8-Year Peak Bullion.Directory precious metals analysis 11 July, 2019 By Adrian Ash Head of Research at Bullion Vault GOLD […]

Gold Price Pops $15 as Powell Tells Congress Fed Rate Cut Coming Bullion.Directory precious metals analysis 10 July, 2019 By Adrian Ash Head of Research at Bullion Vault GOLD PRICES […]

Tax Payers at Serious Risk from Bullion Banks’ Manipulation Schemes Bullion.Directory precious metals analysis 08 July, 2019 By Clint Siegner Director of Money Metals Exchange Gold and silver bugs are […]

Gold Prices Rally as Fed Still Set to Cut Rates, Poland Adds 100 Tonnes, China Buys 7th Month Running Bullion.Directory precious metals analysis 08 July, 2019 By Atsuko Whitehouse Head […]

Government-Pumped Student Loan Bubble Sets Up Next Financial Crisis Bullion.Directory precious metals analysis 05 July, 2019 By Stefan Gleason President of Money Metals Exchange Presidential candidates Bernie Sanders and Elizabeth […]

Gold Price Snaps 6-Week Surge, Below $1400 on Strong US Jobs and Shock India Import Duty Hike Bullion.Directory precious metals analysis 05 July, 2019 By Adrian Ash Head of Research […]

Gold Over $1400 ‘Too High’, Either Prices Fall or ‘Deflation Looms’ Bullion.Directory precious metals analysis 04 July, 2019 By Adrian Ash Head of Research at Bullion Vault GOLD PRICES retreated […]

Gold is already at a 6-year high, left a series of gaps on the way up, and smashed through all sorts of technical “resistance” points on traders’ charts around the […]

Gold Hits 8-Year GBP Price High as UK Output Shrinks Ahead of Brexit, US Jobs Miss Forecast Bullion.Directory precious metals analysis 03 July, 2019 By Adrian Ash Head of Research […]

ETF Gold Investing Slips as G20 Sees US-China Argue Over ‘Superpower Status’, Putin Declares ‘Liberalism Obsolete’ Bullion.Directory precious metals analysis 28 June, 2019 By Adrian Ash Head of Research at […]

Gold Hits Fresh 6-Year Highs on Speculative Surge as GLD Expands, Iran Calls Trump ‘Idiotic’ Bullion.Directory precious metals analysis 25 June, 2019 By Atsuko Whitehouse Head of Japanese Market at […]

Gold prices have broken out of a massive multi-year consolidation pattern to the upside. Bullion.Directory precious metals analysis 24 June, 2019 By Stefan Gleason President of Money Metals Exchange That […]