Gold and Silver weekly Update – w/e 18th August 2017
1,344 views · Published 20 August 2017 · 7:29 · Indexed 6 November 2026
Channel: The 2% Brief · 2017 · People & Blogs
http://illuminatisilver.com http://facebook.com/illuminatisilver Gold and Silver weekly Update – w/e 18th August 2017 Today is Sunday 20th August 2017 and we are providing our gold and silver weekly update for the week ending 18th August. Gold fell $4 from $1,289 to $1,285 having hit a high of $1,300 and a low of $1,268. In sterling terms gold finished the week at £998 that’s up £8, and in Euros it closed at 1,092 Euros that’s up 2 Euros on the week. Silver fell 13 cents from $17.11 to 16.98 having hit a high of $17.30 and a low of $16.59. In sterling terms it closed at £13.20 that’s up 5 pence for the week and in Euros it closed at 14.44 euros that’s down 0.05 euros. The Gold to Silver Ratio rose slightly from 75.34:1 to 75.62:1 The Dow Jones closed on Friday at 21,674 down 76 points on the day and down 184 points on the week, and the NASDAQ closed at 6,216 down 5 points on the day and down 40 points on the week. Brent Crude rose 62 cents from $52.10 to $52.72 and US Light Crude fell 31 cents from $48.82 to $48.51 The dollar index stands at 93.43 that’s up 0.37 on the week. Gold fell initially last week and then began to gain momentum on Wednesday afternoon following the U.S. Federal Reserve's July meeting minutes, which had a dovish tone, and rose again quite sharply on Friday. The departure of Steve Bannon and the political uncertainty surrounding it, caused gold momentarily to breach the $1300 level, falling back almost immediately. Traders, or at least those not on holiday, are looking at Treasury yields and to some extent are being guided by those. When yields go up, gold goes down and vice versa. Please view our recent videos: Gold Hits $1300 – Bannon is Out – Is Trump Next? https://youtu.be/xK0_RopCUnM Gold and Silver weekly Update – w/e 11th August 2017 https://youtu.be/X4nOEHWcjlM Trumps Threats cause Gold and Silver prices to rise - interview with Greg https://youtu.be/ZETLrXdq1aA Gold and Silver and Inner Sanctum Update – w/e 4th August 2017 https://youtu.be/6UuIBAaT_hg Gold and Silver Update – w/e 28th July 2017 https://youtu.be/MniCD5aOKQo Will Trump be Impeached or become a Dictator? https://youtu.be/hZHWpY5FDOA The case for $600 Gold – unlikely but Interesting. https://youtu.be/QGUZA63dHSA Microchips inserted into your hand may soon become the rage in the US. https://youtu.be/eobRS0Eud8w IMF announcement of lower UK and USA growth is positive for Gold and Silver prices. https://youtu.be/MjJq2Ol0K6I Gold and Silver Update – w/e 21st July 2017 https://youtu.be/syZjbsl1nxA Sessions will Go and Machiavelli is an amateur compared to Trump. https://youtu.be/WIm0lYDAgQ0 Gold and Silver Update – w/e 24th July 2017 https://youtu.be/xFio2LFfRjs Why Gold and Silver Prices Have Further to Fall in 2017 https://youtu.be/GfVAuc3NH5k
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