GOLD PRICES moved sideways in quiet trade on Monday as the Dollar held firm ahead of this week’s widely-expected interest-rate rise from the US Federal Reserve.   Moving barely 1% away from $1200 per ounce over the last month, gold again stuck to that price as world stock markets slipped.   Tokyo and Shanghai were […]

PLATINUM PRICES outpaced gold and silver again on Friday in London, extending this week’s rally against the falling US Dollar to 5.1% as world stock markets also rose.   China’s stock market jumped over 3%, hitting 4-week highs as analysts said Beijing has built a strong economic “cushion” against its worsening trade war with the […]

GOLD BULLION crept higher against a falling US Dollar in London trade Thursday, edging up to new highs for this week at $1207 per ounce but flirting with new multi-year lows in terms of other major currencies.   The UK gold price in Pounds per ounce fell within £6 of its post-Brexit referendum low, briefly […]

GOLD ETF share prices popped to their highest level this week so far, tracking the price of bullion’s rise to $1205 per ounce as US data showed an unexpected plunge in the number of new home-building permits issued last month.   New UK data also surprised traders and analysts this morning, showing the strongest rate […]

GOLD PRICES again held tight around $1200 per ounce in London trade Tuesday as the US Dollar retreated on the currency market and global interest rates eased back on a rise in government debt prices.   Commodity prices edged higher but held near 2018 lows on Bloomberg’s index after the United States imposed a new […]

GOLD PRICES peeped above $1200 per ounce yet again in London trade on Monday, rising above what was an 18-month low when reached in mid-August for the 9th time in 5 weeks.   Silver and platinum also rose as Western stock markets cut their earlier gains, rallying to $14.20 and $805 respectively   Base metals […]

GOLD PRICES edged back Friday lunchtime in London, cutting this week’s gain to 0.5% as world stock markets rose and crude oil rallied but held below this week’s approach of May’s 3.5-year highs.   Russia joined Turkey in raising its key interest rate, making the first such move since 2014 and helping the Ruble recover […]

GOLD PRICES rose to 3-week highs against a weakening US Dollar on Thursday, trading up to $1209 per ounce in London’s wholesale bullion market as equities rose together with commodities and US Treasury bond prices.   As the Dollar eased back – most notably versus emerging market currencies led by the Turkish Lira after a […]

GOLD PRICES held tight below last week’s finish in London trade Wednesday, moving around $1195 per ounce as Asian stock markets fell again but European shares gained ahead of tomorrow’s policy decisions from the Eurozone and UK central banks – both expected to deliver “no change”.   Global oil prices rose, with energy traders pointing […]

GOLD PRICES fell back below $1190 and silver tumbled through $14 per ounce for the first time since January 2016 on Tuesday in London as the Indian Rupee – currency of the No.2 precious-metals consumer nation – fell to fresh all-time lows versus the US Dollar.   European stock markets fell for the 7th time […]