GOLD PRICES fell $10 to new 5-month lows against the rising US Dollar on Monday in London after Washington said the US-China trade war is “on hold”, writes Steffen Grosshauser at BullionVault.   Gold touched the lowest level since the end of December at $1282 per ounce before bouncing back to $1285 while the US […]

GOLD PRICES moved in a tight $5 range above yesterday’s new 2018 low against a rising US Dollar on Friday, holding a 2.5% drop for the week at $1287 per ounce as Asian stockmarkets climbed back to unchanged and European equities held a half-a-per-cent gain.   The rising Dollar also pushed other non-US currencies down […]

GOLD PRICES set fresh 2018 lows for the third day running in London trade Thursday, dipping below $1286 per ounce as US bond prices continued to fall, pushing longer-term interest rates up to yet more 7-year highs.   The rising US Dollar also pushed the Euro currency back down near this week’s drop to the […]

GOLD PRICES fell to new 2018 lows against a rising Dollar for the second day running on Wednesday, falling further below $1300 per ounce as world stock markets dropped and longer-term interest rates touched new 7-year highs after stronger-than-expected US economic data.   After Tuesday saw March’s retail sales revised higher while New York State […]

GOLD PRICES stayed flat against a weak US Dollar on Monday in London, holding around $1319 per ounce as violence flared in Jerusalem, where the United States today opened its Embassy to Israel, moving it from Tel Aviv, writes Steffen Grosshauser at BullionVault.   Press reports said 41 Palestinians were killed and 1,700 injured as […]

GOLD PRICES lagged silver and platinum but neared their first weekly gain in four against the Dollar on Friday, erasing last week’s 0.8% loss to trade at $1324 per ounce.   World stock markets also showed a small gain for the week as bond prices rose, edging longer-term interest rates down from their recent multi-year […]

BUY GOLD prices jumped to 4-month highs against the British Pound in London trade Thursday after the Bank of England failed to raise UK interest rates yet again, despite inflation continuing to exceed its official target of 2.0% per year.   With Tehran vowing “resistance” and denying it has any military bases in Syria after […]

GOLD PRICES rallied Wednesday in London after dipping within $2.50 of last week’s new 2018 lows versus the Dollar following President Trump’s decision to pull the US out of the 2015 deal with Iran over its nuclear research program.   Wholesale gold bullion bars bounced almost $10 per ounce from $1304.50 as world stock markets […]

GOLD BULLION rose near 2-year highs against the Australian Dollar on Tuesday even as gold priced in US Dollars fell back below $1310 – its lowest level in more than a month when first reached last week.   The second-largest gold mining nation behind China, Australia has grown its annual output by 15% since the […]

GOLD PRICES rose Friday against all major currencies except the US Dollar and Japanese Yen as new data showed unemployment in the United States falling to a new 17-year low.   Both the total of jobs added and average pay growth failed to meet analyst forecasts for April.   But as more people left the […]