GOLD rose in London trade on Wednesday, recovering an overnight dip to reach $1352 per ounce for US investors and rising fastest against the ‘safe haven’ Swiss Franc and Japanese Yen currencies but outpaced by a sharp jump in the price of silver.   Rising almost 2% in London trade, silver prices touched 11-week highs […]

GOLD PRICES fell below $1340 per ounce lunchtime Tuesday in London, retreating to unchanged from this time last week against most major currencies after much-stronger than expected US home-building stats.   March saw the number of new building permits rise 2.5% said the Census Bureau, with a revision to February’s data cutting the size of […]

GOLD PRICES spiked against a falling Dollar in late London trade on Monday, recovering an earlier 0.5% dip as Moscow denied US claims that Russian forces have “interfered” with the site of last week’s deadly chemical weapons attack in Syria, while new data said US consumers spent more than analysts expected in stores and malls […]

GOLD PRICES failed to hold an overnight rally in London on Friday, dropping back to show no change for the week in Dollar and Euro terms as Moscow hit back at US sanctions and  accused a “Russophobic campaign” of staging last weekend’s chemical attack on civilians in Syria.   Trading back at $1337 per ounce, […]

GOLD PRICES slipped on Thursday in London, retreating further from yesterday’s 2.5-month high against the Dollar after the US Federal Reserve forecast stronger interest-rate rises ahead and US President Donald Trump dialled down his threat to hit Russia’s ally Syria with airstrikes.   “Never said when an attack on Syria would take place. Could be […]

GOLD PRICES rose in Asian and London trade Wednesday morning, rising above $1345 per ounce for the 6th time in 2018 so far amid worsening US-Russia tensions over Syria.   Gaining 1.0% from the end of last week in US Dollar and Japanese Yen terms, the gold price rose less steeply for investors in other […]

GOLD AND SILVER PRICES slipped on Monday morning in London amid the ongoing uncertainty over the US/Chinese trade war and the air strikes in Syria, writes Steffen Grosshauser at BullionVault. Gold fell $6 from Friday’s close at $1333 per ounce after a volatile week while markets were waiting for the next move in the trade […]

GOLD PRICES jumped Friday lunchtime in London, briefly showing a weekly gain versus all major currencies bar the Canadian Dollar after US jobs data for March came in badly below analyst forecasts and world stock markets struggled to extend the week’s earlier rally as trade tensions between the US and China worsened yet further.   […]

GOLD PRICES fell on Thursday as global stock markets rose sharply after US President Trump’s new economic advisor denied that the world’s No.1 economy has started a “trade war” with the No.2, China, but tensions over a military war between Nato members Turkey and Greece worsened.   “There’s no trade war here,” former CNBC anchor […]

GOLD PRICES leapt against non-US currencies on Wednesday, erasing last week’s drop for Dollar investors and setting a new all-time high above platinum as the US-China trade war intensified, whacking world stock markets once more.   As Wall Street futures pointed sharply lower, led by US automakers after China announced retaliatory tariffs following the Trump […]