Gold Surges to $1,313/oz – Fed Concerned Re Outlook, BREXIT and May “Consider Using Helicopter Money”

Gold News and Commentary

 

Gold hits highest in nearly two years after Fed’s cautious outlook (Reuters)

 

Gold Funds Keep Drawing Cash Even as Market Momentum Fades (Bloomberg)

 

Gold Jumps as Fewer Fed Officials See Multiple Rate Hikes in ’16 (Bloomberg)

 

China Dumping More Than Treasuries as U.S. Stocks Join Fire Sale (Bloomberg)

 

Sterling may weaken 11% if Brexit occurs: Goldman (CNBC)

 

Janet Yellen Federal ReserveYellen said Fed “might legitimately consider” using helicopter money 

Gold Has Little Downside, Brexit Or Not, Says HSBC (Barrons)

 

Yellen says helicopter money belongs in Fed toolkit (Marketwatch)

 

Gold Quickly Go To $1,100/oz or 1,600/oz After BREXIT Result (Bloomberg)

 

Hemke and Maguire on the ‘New International Gold Order’ (Max Keiser)

 

Deutsche Bank: “If One Wanted A Simple Indicator Of Broken Financial System,This Is It” (Zero Hedge)

 

Gundlach: “Central Banks Are Losing Control” (CNBC)

 

Read More Here

 

 

 

Gold Prices (LBMA AM)

 

16 June: USD 1,307.00, EUR 1,161.14 and GBP 922.01 per ounce

 

15 June: USD 1,282.00, EUR 1,141.49 and GBP 903.04 per ounce

 

14 June: USD 1,279.40, EUR 1,140.84 and GBP 904.79 per ounce

 

13 June: USD 1,284.10, EUR 1,139.25 and GBP 909.27 per ounce

 

10 June: USD 1,266.60, EUR 1,121.07 and GBP 876.87 per ounce

 

09 June: USD 1,258.35, EUR 1,107.98 and GBP 870.53 per ounce

 

Silver Prices (LBMA)

 

16 June: USD 17.71, EUR 15.79 and GBP 12.54 per ounce

 

15 June: USD 17.41, EUR 15.51 and GBP 12.26 per ounce

 

14 June: USD 17.25, EUR 15.37 and GBP 12.17 per ounce

 

13 June: USD 17.32, EUR 15.37 and GBP 12.23 per ounce

 

10 June: USD 17.32, EUR 15.33 and GBP 12.01 per ounce

 

09 June: USD 17.05, EUR 15.03 and GBP 11.79 per ounce

 

Recent Market Updates

 

– Gold Prices Higher For 5th Session On BREXIT and FED

 

– Gold In Euros Surges 6.5% In June and 17% YTD On BREXIT Concerns

 

– Soros Buying Gold On BREXIT, EU “Collapse” Risk

 

– UK Gold Demand Rises On BREXIT “Nerves”

 

– Pensions Timebomb in “Slow Motion Detonation” In UK, EU, U.S.

 

– Silver – Perfect Storm Brewing in the Market

 

– Martin Wolf: There Will Be Another “Huge” Financial Crisis

 

– Silver Price To Surge 800% on Global Industrial and Technological Demand

 

– BREXIT Gold Diversification As Vote Fuels Market Uncertainty

 

– Gold Forecasts Revised Higher – Citi Says “Buy the Dip”

 

– World’s Largest Asset Manager Suggests “Perfect Time” For Gold

 

 

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The post Gold Surges to $1,313/oz – Fed Concerned Re Outlook, BREXIT and May “Consider Using Helicopter Money” appeared first on GoldCore Gold Bullion Dealer.

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