GOLD PRICES again held $5 per ounce lower for this week so far in London on Friday, trading just below $1313 as the US Dollar edged higher once more on the currency market.   European stock markets fell for a second day, erasing the week’s earlier 1.9% on the EuroStoxx 600 index as Paris and […]

GOLD PRICES recovered a $5 drop in London trade Thursday as the US Dollar eased back from this week’s gains on the currency market following a surprise rise in the number of Americans filing for jobless benefit claims.   The Euro gold price in contrast held firm near the highest since April 2017 at €1155 […]

GOLD PRICES held flat in US Dollar terms in London on Wednesday, keeping a $5 drop for the week so far but rising towards new all-time highs for households in world No.2 consumer market India.   Euro gold and the UK gold price in Pounds per ounce both rose, hitting 22-month highs above €1155 and 3-week […]

GOLD PRICES held $5 lower for the week so far on Tuesday morning in London, trading at $1313 per ounce as world stock markets rose at the start of the Chinese New Year of the Pig.   Shares in Australia’s banking sector jumped after the Reserve Bank kept its key interest rate on hold at […]

GOLD PRICES slid Monday in London, losing more than $15 per ounce from Friday’s new 8-month high for US Dollar investors as No. 1 consumer nation China shut for the Lunar New Year holidays.   World stock markets meantime ticked lower and oil prices hit 2-month highs amid the worsening crisis in the energy resource’s […]

GOLD PRICES held 1.3% higher for the week in Dollar terms  late Friday in London, trading near 8-month highs at $1322 per ounce despite much stronger-than-expected US jobs data.   Rural households in India – source of 60% of annual gold demand in the metal’s No.2 consumer country – meantime got news of huge income […]

CENTRAL BANKS choosing to buy gold in 2018 saved the metal from its worst year for global demand since the economic crash of 2009, new data showed Thursday.   Gold prices meantime extended their New Year 2019 surge after the US Federal Reserve held its key interest rate unchanged.   Promising to remain “patient” on […]

GOLD INVESTMENT prices hit 8-month highs at the start of London trade Wednesday, reaching almost $1316 per ounce in US Dollar terms as world stock markets held flat overall ahead of today’s Federal Reserve interest-rate and policy announcement.   London’s FTSE100 index of mostly foreign-earning corporations rose most steeply, adding 1.4% as the UK’s Prime Minister […]

GOLD PRICES in the London wholesale market touched an 8-month high at $1310 per ounce Tuesday as European stock markets rallied and crude oil rose.   Gold priced in the so-called ‘safe haven’ Swiss Franc gold also rose to its highest since May 2018, gaining above CHF1300 per ounce, while gold prices for Eurozone investors […]

GOLD PRICES held firm on Monday near last week’s spike to 7-month high above $1300 as investors and traders await the US Federal Reserve’s key policy announcement, due Wednesday.   The US Dollar rallied on the FX market after hitting 1-week lows on Friday’s report from the Wall Street Journal that the Fed may pause […]