GOLD PRICES held dead-flat for this week so far against the Dollar, Euro and Sterling in London trade on Tuesday, treading water as the US stock markets paused at an 11-week high.   After US factory input costs showed the strongest pace of inflation in 7 years in May on the ISM Prices Paid index, […]

GOLD and SILVER PRICES rose against a weakening US Dollar in London trade Monday, rallying to $1298 and $16.55 per ounce respectively as China and European leaders repeated their challenge to President Trump’s imposition of trade tariffs.   Beijing also hit back this weekend over the European Commission lodging a complaint with the World Trade […]

GOLD PRICES fell hard Friday in London, retreating beneath this week’s previous lows for Dollar investors after new US jobs data smashed analyst forecasts.   Gold priced in the US Dollar fell to $1282 per ounce – just $10 above last week’s new 2018 lows – as the UK gold price in Pounds per ounce […]

GOLD BAR prices slipped against all major currencies in London’s wholesale market on Thursday as solid US data followed a rise in Eurozone consumer-price inflation, and Italian bonds rallied for a second day, pulling borrowing costs lower again from Tuesday’s spike to 5-year highs as the Eurosceptic M5S and Lega coalition worked to form a government. […]

GOLD PRICES rose back above $1300 per ounce in London trade Wednesday as the Dollar retreated from this week’s jump on the FX market after US data came in weaker than expected and European markets rallied from Italy’s political sell-off.   Ahead of Friday’s official non-farm payrolls estimate for May, today’s private-sector ADP report said […]

EURO GOLD prices jumped to 11-month highs as London and New York re-opened after the long holiday weekend on Tuesday, breaking above €1130 per ounce as Italy’s political mess saw Rome’s short-term borrowing costs jump to the highest since the peak of the Eurozone debt crisis in 2012.   Giuseppe Conte, the chosen prime minister […]

GOLD PRICES held above $1300 per ounce in London trade Friday, erasing half of last week’s 2% drop even as the Dollar rose again on the FX market amid fresh tensions between Nato members Turkey and the US plus growing doubts over the debt stability of Italy, the Eurozone’s third largest economy.   Euro gold […]

GOLD PRICES rose within $1.10 of $1300 per ounce against a falling US Dollar on Thursday in London after yesterday saw the release of what analysts and headline-writers called “dovish” notes from the Federal Reserve’s latest policy meeting.   While the Fed’s May meeting minutes showed a consensus for raising Dollar interest rates as expected […]

DOLLAR GOLD PRICES came within $2.25 of $1300 per ounce in London on Wednesday morning, rallying even as the US currency rebounded on the FX market ahead of today’s release of notes from the Federal Reserve’s latest meeting on interest-rate policy.   That helped drive Euro gold prices back up towards early May’s 8-month highs […]

GOLD PRICES rallied above $1295 and silver almost recovered last week’s 3% loss in London trade Tuesday, gaining as the US Dollar eased back on the currency market following ‘dovish’ comments from Federal Reserve policymakers.   Asian stock markets slipped but Europe pushed higher after Wall Street reached a 2-month high overnight.   With crude […]