GOLD PRICES rose on Friday morning in London while the Dollar fell ahead of the US Fed Chairman’s speech at the Jackson Hole Symposium, writes Steffen Grosshauser at BullionVault. Gold rose to $1191 after it slipped to $1184 in the previous session when it ignored weaker-than-expected US housing and disappointing manufacturing PMI data but still stood […]

GOLD PRICES edged higher on Monday morning in London amid Turkey’s currency crisis and ahead of US-China trade talks, writes Steffen Grosshauser at BullionVault. The United States and China are set to hold lower-level trade talks on Tuesday and Wednesday this week – just before the new retaliatory tariffs from Washington and Beijing take effect, […]

GOLD PRICES recovered from $1160 per troy ounce, a 19-month low, recorded yesterday as Dollar index, against a basket of major currencies, fell for a second day from a 14-month high on Wednesday, amid the US threatening to impose more economic sanctions on Turkey if it does not free a detained American pastor.   It is […]

GOLD PRICES broke through $1200 per troy ounce, an 18-month low at Monday lunch time amid Turkish crisis pushing the dollar to a 13-month high and ripping through emerging markets currencies as Recep Tayyip Erdogan, Turkey’s president hit out at the US, writes Atsuko Whitehose at BullionVault. Dollar index (DXY), measuring the value of the Dollar against […]

GOLD PRICES moved sideways in a tight range around $1214 per ounce amid Russia’s strong reaction to the US issuing new sanctions against it with China hitting back against the latest US tariffs and the British pound continuing to plunge on concerns of a hard Brexit, writes Atsuko Whitehouse at BullionVault. Dmitry Polyanskiy, first deputy […]

GOLD PRICES held in a tight $5 range around $1213 per ounce Tuesday morning in London, moving sideways against a weaker US Dollar as commodities edged higher and Donald Trump issued a warning to other countries over doing trade with Iran – now back under US sanctions over its nuclear research program.   With gold […]

GOLD PRICES lost early gains on Monday in London as the US Dollar firmed following further escalations of the US-China trade conflict and re-imposed sanctions on Iran, writes Steffen Grosshauser at BullionVault.   Gold bullion slipped to $1207 per ounce in wholesale trade but held above July 2017’s low at $1204, the level reached again […]

GOLD PRICES bounced Friday after weaker-than-expected US jobs data, but still headed for the lowest weekly finish of 2018 or worse versus most major currencies.   China’s stock market closed the week at its lowest since the end of 2016, down 25% from January’s peak as Beijing readied new tariffs on $60 billion of US […]

GOLD BARS slipped near fresh multi-month price lows in London trade Thursday as the Bank of England raised UK interest rates and new data showed the weakest 6-month demand worldwide since the global economic slump of 2009.   Falling against all most currencies bar the Euro and Australian Dollar, gold bullion dropped to $1214 per […]

GOLD PRICES began August dead-flat from last week’s finish against a falling US Dollar on Wednesday in London, while world stock markets slipped before the latest interest-rate decision and statement from the Federal Reserve.   China’s main indices led the drop in global equity prices, losing 2% for the day as Beijing said it won’t […]