GOLD PRICES recovered $10 of this week’s $14 per ounce drop to new 2018 lows in London trade Tuesday morning, rising to $1248 as world stock markets also rallied with commodity prices as China’s central bank denied it has opened a new currency front in the worsening US ‘trade war’.   Governor of the People’s […]

PLATINUM PRICES measured in Euros fell to a near-10 year low on the first trading day of H2 2018, while gold stayed close to this year’s low as the US Dollar strengthened again, writes Steffen Grosshauser at BullionVault.   For US investors, gold fell $3 from last week’s close at $1252 per ounce, moving closer […]

GOLD FLIRTED with its lowest weekly close since start-December but crude oil rose yet again Friday as US foreign policy spurred fears over global energy supplies, while a separate report claimed that President Trump wants to quit the World Trade Organization.   Gold bounced $5 per ounce from a new 7-month low of $1246 as […]

GOLD PRICES rallied or held firm against most major currencies on Thursday but set fresh 6-month lows in US Dollar terms as world stock markets fell and key gold-consumer currencies sank amid worsening tensions over President Trump’s foreign policy.   India is preparing to comply with Washington’s order to cease buying oil from Iran, according […]

GOLD PRICES gave back a $5 rally from new 2018 lows in London trade Wednesday lunchtime, falling back to $1255 as the US Dollar pushed higher once more on the currency market following better than expected US trade data.   Despite worsening ‘trade war’ tensions between the US and China, world stock markets rallied from […]

GOLD PRICES fell again in London on Tuesday, hitting new Dollar lows for 2018 and extending this week’s drop to $15 per ounce after the largest exchange-traded gold fund shrank to its smallest size in 10 months.   Major Asian and European stock markets rallied from Monday’s sharp sell-off, but held up to 5% lower […]

GOLD PRICES slipped at the start of the new trading week Monday as world stock markets fell hard and the US Dollar held strong amid a further escalation of the worsening global trade war, writes Steffen Grosshauser at BullionVault.   Gold edged $3 lower from last week’s close of $1270 per ounce after US President […]

GOLD BULLION rallied Friday as the US Dollar edged back from this week’s surge on the currency market.   Losing $10 from last Friday’s finish however, gold bullion still headed for its lowest weekly close since mid-December at $1268 per ounce.   Investor interest in the giant SPDR Gold Trust (NYSEArca:GLD) yesterday shrank by 0.5%, […]

GOLD PRICES fell yet again as the Dollar rose on Thursday, touching the lowest level since mid-December at $1262 per ounce as new US data said the number of people claiming jobless benefits fell last week to fresh 4-decade lows.   European stock markets fell for the 4th time in 5 sessions and industrial commodity […]

GOLD PRICES slipped within $1 of yesterday’s new 2018 lows in Dollar terms in London on Wednesday as the US currency traded near this week’s new multi-month highs on the forex market.   World stock markets rose but silver also held flat, down 1.5% for this week so far at $16.33 per ounce, as commodities […]