GOLD PRICES failed to hold a $5 overnight rally in London trade Tuesday morning, slipping back below $1240 per ounce as US Federal Reserve chief Jerome Powell prepared to appear before Congress to speak on monetary policy.   Ahead of Powell’s semi-annual testimony, betting on the Fed raising its key interest rate twice more in […]

GOLD PRICES held flat against a falling Dollar in quiet trade Monday morning in London, slipping for non-US investors  as President Donald Trump met Russia’s Vladimir Putin for the first time, writes Steffen Grosshauser at BullionVault.   After its biggest weekly rise in a month, the US Dollar fell 0.7% on the FX market versus […]

GOLD PRICES fell again versus a rising Dollar on Friday in London, heading for a 1.3% weekly drop at new 2018 lows beneath $1240 per ounce as the US currency pushed higher on the FX markets amid President Donald Trump’s ongoing tour of Europe.   After telling The Sun tabloid newspaper that UK Prime Minister […]

GOLD PRICES rallied $5 per ounce from 1-week lows against the Dollar in London on Thursday, touching $1246 and also rising versus other major currencies as Donald Trump said he has wrung a promise of higher military spending out of other Nato member states, and new US data showed the cost of living rising in […]

GOLD PRICES slipped below $1250 per ounce for the fourth time in 2 weeks in London trade Wednesday, losing against a strong US Dollar as the White House moved to impose 10% trade tariffs on another $200 billion of imports from China and President Trump stunned a meeting of the Nato military alliance by attacking […]

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 newUS-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 of […]

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 […]

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 […]