GOLD BULLION fell to 5-week lows against a rising US Dollar in London trade Wednesday, dropping as world stock markets caught up with yesterday’s fall in New York’s stock market. Ahead of tomorrow’s policy decision from the European Central Bank, the Euro price of gold was unchanged around €1084 per ounce, little moved from […]
GOLD MINING shares rose as the broader stock market rallied Tuesday while the rise in US bond yields paused with 10-year rates just shy of 3%. Gold bullion prices bounced $5 per ounce from yesterday’s 2-week low, touching $1328 as London opened for business. That left gold little changed around last Friday’s finish […]
The GOLD / SILVER RATIO rose from near 2-month lows in London trade on Monday as both metals fell against a rising Dollar after new US data beat analyst forecasts. With manufacturing activity and sales of existing homes both stronger than Wall Street predicted, world stock markets held flat as falling bond prices saw […]
GOLD slipped Friday in London but silver prices spiked to 11-week highs as US President Donald Trump berated the Opec oil cartel for “artificially” pushing energy prices up to 4-year highs by discussing new output cuts. Asian stock markets fell but Europe held flat on the day, keeping the Stoxx Europe 600 Index unchanged […]
SILVER PRICES extended their sharp rally in London trade Thursday, reaching new 11-week highs for US investors at $17.30 per ounce while gold edged back from an overnight rise. Tokyo and Shanghai’s stock markets closed the day higher, but other major equity markets held flat as base metals and crude oil pushed the CRB […]
GOLD rose in London trade on Wednesday, recovering an overnight dip to reach $1352 per ounce for US investors and rising fastest against the ‘safe haven’ Swiss Franc and Japanese Yen currencies but outpaced by a sharp jump in the price of silver. Rising almost 2% in London trade, silver prices touched 11-week highs […]
GOLD PRICES fell below $1340 per ounce lunchtime Tuesday in London, retreating to unchanged from this time last week against most major currencies after much-stronger than expected US home-building stats. March saw the number of new building permits rise 2.5% said the Census Bureau, with a revision to February’s data cutting the size of […]
GOLD PRICES spiked against a falling Dollar in late London trade on Monday, recovering an earlier 0.5% dip as Moscow denied US claims that Russian forces have “interfered” with the site of last week’s deadly chemical weapons attack in Syria, while new data said US consumers spent more than analysts expected in stores and malls […]
GOLD PRICES failed to hold an overnight rally in London on Friday, dropping back to show no change for the week in Dollar and Euro terms as Moscow hit back at US sanctions and accused a “Russophobic campaign” of staging last weekend’s chemical attack on civilians in Syria. Trading back at $1337 per ounce, […]
GOLD PRICES slipped on Thursday in London, retreating further from yesterday’s 2.5-month high against the Dollar after the US Federal Reserve forecast stronger interest-rate rises ahead and US President Donald Trump dialled down his threat to hit Russia’s ally Syria with airstrikes. “Never said when an attack on Syria would take place. Could be […]
GOLD PRICES rose in Asian and London trade Wednesday morning, rising above $1345 per ounce for the 6th time in 2018 so far amid worsening US-Russia tensions over Syria. Gaining 1.0% from the end of last week in US Dollar and Japanese Yen terms, the gold price rose less steeply for investors in other […]
GOLD AND SILVER PRICES slipped on Monday morning in London amid the ongoing uncertainty over the US/Chinese trade war and the air strikes in Syria, writes Steffen Grosshauser at BullionVault. Gold fell $6 from Friday’s close at $1333 per ounce after a volatile week while markets were waiting for the next move in the trade […]
Google searches to ‘buy gold’ hit pre-crisis lows… “ON SALE!” says yet another email from yet another gold coin dealer, writes Adrian Ash at BullionVault. It isn’t the gold that’s on offer. Bullion itself is trading near the top of its last half-decade range priced in US Dollars. But coin and small-bar […]
GOLD PRICES jumped Friday lunchtime in London, briefly showing a weekly gain versus all major currencies bar the Canadian Dollar after US jobs data for March came in badly below analyst forecasts and world stock markets struggled to extend the week’s earlier rally as trade tensions between the US and China worsened yet further. […]
GOLD PRICES fell on Thursday as global stock markets rose sharply after US President Trump’s new economic advisor denied that the world’s No.1 economy has started a “trade war” with the No.2, China, but tensions over a military war between Nato members Turkey and Greece worsened. “There’s no trade war here,” former CNBC anchor […]
GOLD PRICES leapt against non-US currencies on Wednesday, erasing last week’s drop for Dollar investors and setting a new all-time high above platinum as the US-China trade war intensified, whacking world stock markets once more. As Wall Street futures pointed sharply lower, led by US automakers after China announced retaliatory tariffs following the Trump […]
GOLD PRICES edged lower against a rising US Dollar in London trading on Tuesday morning, erasing one-third of Easter Monday’s near-$20 gain as European stock markets caught up with Wall Street’s latest fall, dropping 0.5% by lunchtime. With analysts blaming US President Trump’s trade war with China and latest Twitter attacks on e-tailing giant […]
GOLD PRICES slipped to new 1-week lows against most major currencies on Thursday in London, but held on track for the highest close to a calendar quarter in 5 years in US Dollar terms. Crude oil retreated again from Tuesday’s new 2018 highs and silver fell harder than gold prices, dropping to $16.24 and […]
GOLD BULLION again dipped to $1340 per ounce Wednesday morning in London and silver prices also re-touched their lowest since Friday as world stock markets extended yesterday’s 1.7% drop in US equities. Commodity prices fell for a second day as US bond prices jumped again, pushing the yield offered by 10-year US Treasury debt […]
Analysis of 3 key signals in Q1 2018’s gold price action… THANKS to Good Friday, this week ends early for gold investors and traders, writes Adrian Ash at BullionVault. Like pretty much all of the Western world’s bond and stock markets, the London gold market – center of the global wholesale trade – […]
GOLD PRICES slipped from an overnight spike to fresh 5-week highs against the falling US Dollar on Tuesday, dropping 1.1% as world stock markets jumped, extending yesterday’s strong rebound on Wall Street. After suffering its worst week since gold prices peaked in 2011, the US stock market yesterday recorded its strongest 1-day gain since […]
GOLD PRICES rose and silver jumped against a falling US Dollar on Monday in London, trading near 5-week and 3-week highs respectively as global stock markets bounced amid negotiations between the US and China to avert a ‘trade war’ between the world’s two largest economies, writes Steffen Grosshauser at BullionVault. Gold overnight in Asian […]
GOLD PRICES rose sharply against all major currencies on Friday, recovering even last week’s 1.5% drop in Japanese Yen terms while stocks and shares fell worldwide as Beijing hit back at Washington with plans for new import tariff rates on US goods arriving in China. President Trump’s new $60 billion tariffs on a raft […]
GOLD PRICES rose against all major currencies bar the Japanese Yen on Thursday, gaining after the Federal Reserve raised its key Dollar interest rate as expected but world stock markets fell amid what analysts called anxiety over US President Trump’s anti-free trade policies. Dollar priced gold rose above $1330 per ounce and Euro gold […]
Cheering for Putin’s strong man gold policy…? A SHOCK decision from the US Fed to raise rates then! snarks Adrian Ash at BullionVault. Almost as shocking as the National People’s Congress in China making Xi Jinping president for life last week… …or the top central-bank job in Beijing going to long-time party […]
GOLD PRICES rose against all major currencies ahead of the Federal Reserve’s much-expected hike to Dollar interest rates on Wednesday, regaining last week’s $10 loss to trade above $1322 per ounce for US investors. Silver regained half of last week’s 1.5% loss to reach $16.45 as the broader commodity markets also rose, as did […]
GOLD PRICES rallied for the second time in two sessions from a dip below $1310 per ounce in London on Tuesday, holding onto a slight gain for 2018 to date against the Dollar ahead of tomorrow’s US Federal Reserve decision on interest rates, widely expected to bring the first of four quarter-point hikes this year. […]
GOLD PRICES extended their losses on Monday morning in London after Russian President Vladimir Putin scored a landslide election victory ahead of interest-rate decisions by the US Fed and the Bank of England this week, writes Steffen Grosshauser at BullionVault. Already down 0.8% last week, gold priced in the Dollar slid to its lowest […]
GOLD PRICES sank on Friday despite yet worsening tensions over the attempted assassination of a former Russian spy in the UK, falling to 2-week lows versus the Dollar following stronger-than-expected US industrial output data. Moscow is “overwhelmingly likely” to have ordered the attack on Russian defector Sergei Skripal and his daughter Yulia with a […]
GOLD PRICES were unmoved Thursday by worsening tensions between Nato and Russia over the poisoning in Britain of a former spy, holding $5 below last week’s finish to trade at $1318 per ounce as world stock markets also held flat overall. Silver also slipped, trading 1% down for the week so far at $16.43 […]
