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	List Of Countries That Have Pulled Gold From U.S. Federal Reserve
	The Netherlands has become the latest country to pull Gold out of the United States in recent years, as the Dutch Central Bank announced on Wednesday that it was moving 86 tons of its reserves from New York and Canada to London, citing "increasing geopolitical unrest."... Giulia Carbonaro
	Silver Extends Upswing As Softer Dollar Supports Bulls
	Silver prices (XAG/USD) continue to advance on Thursday, building on the prior session’s recovery... Brian McColl
	Gold Holds Decline As Middle East Flare-Up Raises Fed Rate-Hike Bets
	Gold steadied after a two-day drop as the U.S. and Iran exchanged strikes for the first time in a month, raising the odds of rising energy costs pushing up inflation and pressuring the Federal Reserve to lift interest rates... Yihui Xie
	How China’s Silver Market Is Reshaping Global Supply And Demand
	Something unusual is happening in the global Silver market, but the story is more complicated than a simple increase in Chinese exports... Barnali Pal Sinha
	UBS Backs De-dollarization Trend Lifts Gold Target To $5,400 An Ounce
	UBS is treating dollar weakness as a structural theme rather than a short-term wobble, which points to sustained flows into Gold, commodities and selected currencies rather than a quick reversal... Eamonn Sheridan

Gold started August in the $4,000 per ounce area and steadily moved up all month, reaching a high of $4,700 by August 25th. Then we saw short-term profit-taking and Russian selling in late August, driving the value down to $4,320 by September 3rd. Gold closed Friday at $4,430 per ounce, down $26 for the week.

August job numbers were announced on September 2nd. Only 38,000 were added, well below the forecast of 47,000. Gold started moving higher because of this. The speculation is that this will cause the Fed to have second thoughts on raising interest rates later this month.

Over the long weekend, the Iranian war has heated up, with the average number of ships traveling through the Strait of Hormuz falling to the lowest levels since May.

U.S. Central Command said Sunday that American forces enforcing the maritime blockade against Iranian ports have redirected 92 commercial vessels. Iran’s Supreme National Security Council chief, Mohsen Rezaei, warned that Tehran’s new maritime exclusion zone across the Persian Gulf will alter how it enforces its position, and prepares to respond to U.S. warships and bases.

Key Economic data to watch this week:

• September 7th, Monday: Holiday
• September 8th, Tuesday: July Consumer Credit
• September 9th, Wednesday:
• September 10th, Thursday: Weekly Jobless Claims, August PPI
• September 11th, Friday: August CPI

Today: This morning, the Qatar’s Foreign Ministry spokesperson told U.S. media that opening the Strait of Hormuz is a priority, as the world faces an “industrial catastrophe” if the crisis continues. Over the weekend, the price of oil and gas has moved higher. This morning, Gold has traded between $4,385 and $4,444, with most of the weakness in the U.S. market.

Silver also had an exciting August, hitting a high of $71.30 on August 28th, to a low of $63.20 by September 2nd. Physical and futures contracts demand are picking up in China, causing an increase in trading volume. Silver closed last Friday at $66.15 per ounce, down $0.20 per ounce for the week.

Today: As trading moved around the globe last night and this morning, Silver traded between $65.57 and $67.29 per ounce. Silver crossed the $67 per ounce level during trading in India, then saw selling during trading in London.

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Barry Stuppler has been a professional numismatist for over 60 years and is considered one the nation’s foremost experts in rare coins and precious metals. Mr. Stuppler is a past President of the American Numismatic Association (ANA) and Professional Numismatists Guild (PNG). He is currently chairman of the Federal and California State Gold & Silver Political Action Committees, and president of the
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