GOLD PRICES fell in London trade Tuesday, losing 1.5% from yesterday’s 2-week Dollar high before rallying to $1250 per ounce as US President Donald Trump began a 7-day trip taking in Nato’s HQ in Brussels, dinner with Queen Elizabeth II in London, his own golf course in Scotland, and a meeting with Russia’s President Vladimir […]
GOLD PRICES rose $10 to a 2-week high of $1265 on Monday morning while the Dollar slipped as new US-Chinese trade tariffs began and the UK’s chief Brexit negotiator resigned over the Government’s plan for a trade deal with the EU, writes Steffen Grosshauser at BullionVault. The US and China started the first round […]
It’s the big hit, it’s the blimp! It’s the blimp…! GOLD PRICES have slipped against the almighty US Dollar so far in 2018, writes Adrian Ash at BullionVault. The metal has sagged even as the stock market struggles and political risks jump on Trump’s all-out trade war against everyone. Why? How come […]
GOLD PRICES in London’s wholesale bullion market headed for a small weekly gain Friday lunchtime, holding $2 per ounce higher at $1255 as US employment data beat analysts for last month. Ahead of today’s imposition of new US tariffs on imports from China, now met by Chinese tariffs on a matching $34 billion of […]
GOLD PRICES dipped and rallied again back near last week’s closing level on Thursday in London, trading above $1256 per ounce as Asian stock markets closed lower but European equities rose for the 3rd session running. Silver meantime recovered the $16 mark and platinum also pushed higher, reaching $848 after sinking Tuesday to a […]
On a 5-year basis that is… NOBODY CARES but we’ll say it again, writes Adrian Ash at BullionVault. Over the past half-century, gold has risen very nearly every time that the US stock market fell over a 5-year period. Such protracted losses in stocks are no small risk. Or so history says. […]
PLATINUM edged back 1% on Wednesday from yesterday’s bounce off sudden 14-year lows, trading at $838 per ounce as gold prices pushed higher, rising to touch 1-week highs at $1260. Among Western investment products, the SPDR Gold Trust (NYSEArca:GLD) – the world’s largest exchange-traded fund backed by metal – shrank yesterday for the 5th […]
GOLD PRICES recovered $10 of this week’s $14 per ounce drop to new 2018 lows in London trade Tuesday morning, rising to $1248 as world stock markets also rallied with commodity prices as China’s central bank denied it has opened a new currency front in the worsening US ‘trade war’. Governor of the People’s […]
PLATINUM PRICES measured in Euros fell to a near-10 year low on the first trading day of H2 2018, while gold stayed close to this year’s low as the US Dollar strengthened again, writes Steffen Grosshauser at BullionVault. For US investors, gold fell $3 from last week’s close at $1252 per ounce, moving closer […]
GOLD FLIRTED with its lowest weekly close since start-December but crude oil rose yet again Friday as US foreign policy spurred fears over global energy supplies, while a separate report claimed that President Trump wants to quit the World Trade Organization. Gold bounced $5 per ounce from a new 7-month low of $1246 as […]
GOLD PRICES rallied or held firm against most major currencies on Thursday but set fresh 6-month lows in US Dollar terms as world stock markets fell and key gold-consumer currencies sank amid worsening tensions over President Trump’s foreign policy. India is preparing to comply with Washington’s order to cease buying oil from Iran, according […]
GOLD PRICES gave back a $5 rally from new 2018 lows in London trade Wednesday lunchtime, falling back to $1255 as the US Dollar pushed higher once more on the currency market following better than expected US trade data. Despite worsening ‘trade war’ tensions between the US and China, world stock markets rallied from […]
GOLD PRICES fell again in London on Tuesday, hitting new Dollar lows for 2018 and extending this week’s drop to $15 per ounce after the largest exchange-traded gold fund shrank to its smallest size in 10 months. Major Asian and European stock markets rallied from Monday’s sharp sell-off, but held up to 5% lower […]
GOLD PRICES slipped at the start of the new trading week Monday as world stock markets fell hard and the US Dollar held strong amid a further escalation of the worsening global trade war, writes Steffen Grosshauser at BullionVault. Gold edged $3 lower from last week’s close of $1270 per ounce after US President […]
Because there’s so much else to see… COULD gold investing get any more boring, Boring, BORING…? asks Adrian Ash at BullionVault. Only if it doesn’t get any more painful short-term perhaps. The yellow metal nearly sent traders to sleep over the first 5 months of 2018… …trading in its tightest price […]
GOLD BULLION rallied Friday as the US Dollar edged back from this week’s surge on the currency market. Losing $10 from last Friday’s finish however, gold bullion still headed for its lowest weekly close since mid-December at $1268 per ounce. Investor interest in the giant SPDR Gold Trust (NYSEArca:GLD) yesterday shrank by 0.5%, […]
GOLD PRICES fell yet again as the Dollar rose on Thursday, touching the lowest level since mid-December at $1262 per ounce as new US data said the number of people claiming jobless benefits fell last week to fresh 4-decade lows. European stock markets fell for the 4th time in 5 sessions and industrial commodity […]
GOLD PRICES slipped within $1 of yesterday’s new 2018 lows in Dollar terms in London on Wednesday as the US currency traded near this week’s new multi-month highs on the forex market. World stock markets rose but silver also held flat, down 1.5% for this week so far at $16.33 per ounce, as commodities […]
GOLD PRICES fell to new 2018 lows against a rising Dollar on Tuesday in London, hitting $1274 per ounce as President Trump threatened to hit back at China’s retaliation over last week’s new US trade tariffs with extra charges on another $200bn of Chinese imports. Accused of “blackmail” by Beijing, Trump says these extra […]
GOLD PRICES held at 6-month lows against the US Dollar on Monday morning in London as ‘trade war’ tensions worsened between the world’s two largest economies, writes Steffen Grosshauser at BullionVault. Beijing at the weekend responded to US President Donald Trump’s new 25% import tariffs on $34 billion of Chinese goods by imposing a […]
If you liked $1300 gold, you gotta love it now… VOLATILITY was long overdue in the gold market, writes Adrian Ash at BullionVault. Tired of waiting, the hot money has now thrown in the towel…causing the very spike in price action it just gave up waiting for. But this spike in volatility […]
GOLD and SILVER fell Friday lunchtime in London, dropping back to $1292 and $17.09 per ounce respectively as the White House confirmed new tariffs on an extra $50 billion of China’s annual exports to the United States. US-China trade “has been very unfair, for a very long time,” said President Donald Trump, raising import […]
GOLD BROKE back above $1300 per ounce and silver jumped to 2-month highs versus the Dollar on Thursday morning even though the Federal Reserve yesterday raised US interest rates and forecast further hikes ahead. Priced in the Euro gold then leapt again, hitting new highs for June at €1113 per ounce as the single […]
GOLD BULLION rallied from a new 1-week low in US Dollar terms on Wednesday in London, trading unchanged for the year-to-date at $1294 per ounce ahead of today’s key Federal Reserve decision on US interest rates. Asian stock markets slipped while European equities rose, reversing yesterday’s pattern as major government bond prices edged higher, […]
GOLD PRICES fell to 1-week lows beneath $1295 per ounce lunchtime Tuesday in London as new inflation data said the US cost of living rose 2.8% per year in May, the fastest pace since early 2012. Ahead of tomorrow’s Federal Reserve decision on interest rates, short-dated US debt prices fell hard, driving 2-year yields […]
GOLD PRICES briefly rallied above $1300 per ounce on Monday morning in London before falling back ahead of tomorrow’s historic US-North Korea meeting and three key central bank policy meetings this week, writes Steffen Grosshauser at BullionVault. Gold started the week edging $3 higher to $1301 after US President Donald Trump refused to back […]
SILVER PRICES held on track for a 2% weekly gain in London trade Friday, outpacing gold’s 0.3% rise in US Dollar terms as the yellow yet again failed to hold a break above $1300 per ounce. “If gold is able to confirm a close above $1300, it could be able to gain up to […]
SILVER PRICES rose for a fourth day in London on Thursday, again beating both gold and platinum as world stock markets gained and Italy’s borrowing costs retreated further from last week’s spike to 2012 crisis levels. Touching $16.78 per ounce just ahead of New York opening for trade, silver bullion traded 2.3% higher for […]
GOLD PRICES rallied back near $1300 per ounce on Wednesday but fell to 2-week lows for European investors as Eurozone bond yields rose after two key Euro central-bank officials said Frankfurt remains on track to start reining back its historic monetary stimulus. Bullion prices in No.2 gold consumer nation India also retreated as the […]
GOLD PRICES held dead-flat for this week so far against the Dollar, Euro and Sterling in London trade on Tuesday, treading water as the US stock markets paused at an 11-week high. After US factory input costs showed the strongest pace of inflation in 7 years in May on the ISM Prices Paid index, […]
