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Gold and Silver Bullion coins and bars investment - news, charts, prices, facts and figures

Bundesbank repatriates Paris, Federal Reserve gold

The Bundesbank, Germany’s powerful central bank, announced very publicly this morning the further repatriation of some of its gold being held in foreign locations – namely in Paris and New York with the Bank of France and the Federal Reserve.

Bullion Price Movement

Spot Prices as of close of trading in New York

Wednesday, January 21, 2015

 

LBMA top gold forecaster: gold price to average $1,321 in 2015, silver $18.56

In his submissions to this year’s LBMA precious metals forecasting competition, Ross Norman who heads up London bullion broker Sharps Pixley, and who has been probably the most successful forecaster in the LBMA panel in the past, says he is going out on a limb with his forecast for the gold price average this year at $1321.