Video Gold Should Probably Be $5000 CME Chairman Duffy
Fed has caused frustration and confusion in market place
If you adjust for inflation, you should have gold somewhere around 2 to 3,000 per ounce
If you look at what is going on the world, gold should probably be $5,000 to $6,000 per ounce
Lot of us are so jaded about what is going on in the world, it is like yesterday’s newspaper in five minutes
One day you will not be able to dismiss them and you will see a huge move in the precious metals
Gold coins are probably of more value than anything else CME President Duffy onBloomberg in 2013
Watch CME Chairman Duffy on markets and gold on Fox Business
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Gold Prices (LBMA AM)
13 Jul: USD 1,221.40, GBP 944.51 & EUR 1,071.05 per ounce
12 Jul: USD 1,219.40, GBP 947.60 & EUR 1,064.29 per ounce
11 Jul: USD 1,211.90, GBP 938.98 & EUR 1,063.68 per ounce
10 Jul: USD 1,207.55, GBP 938.63 & EUR 1,060.11 per ounce
07 Jul: USD 1,220.40, GBP 944.47 & EUR 1,068.95 per ounce
06 Jul: USD 1,224.30, GBP 946.14 & EUR 1,077.51 per ounce
05 Jul: USD 1,221.90, GBP 945.87 & EUR 1,078.45 per ounce
Silver Prices (LBMA)
13 Jul: USD 15.95, GBP 12.34 & EUR 14.00 per ounce
12 Jul: USD 15.83, GBP 12.31 & EUR 13.82 per ounce
11 Jul: USD 15.51, GBP 12.02 & EUR 13.61 per ounce
10 Jul: USD 15.22, GBP 11.82 & EUR 13.36 per ounce
07 Jul: USD 15.84, GBP 12.29 & EUR 13.88 per ounce
06 Jul: USD 16.01, GBP 12.36 & EUR 14.09 per ounce
05 Jul: USD 15.95, GBP 12.36 & EUR 14.09 per ounce
Recent Market Updates
India Gold Imports Surge To 5 Year High 220 Tons In May Alone