Latest News

Bearish Betting on Silver Creates 'Short-Term Contrarian Play' as Gold Slips, Trump Whacks Tech Stocks

GOLD PRICES edged lower against a rising US Dollar in London trading on Tuesday morning, erasing one-third of Easter Monday’s near-$20 gain as European stock markets caught up with Wall Street’s latest fall, dropping 0.5% by lunchtime.   With analysts blaming US President Trump’s trade war with China and latest Twitter attacks on e-tailing giant […]

Read More

T-Bond Yields Up, Gold Up for Longest Stretch Since 2006 as S&P Falls for 1st Quarter in Nearly 3 Years

GOLD PRICES slipped to new 1-week lows against most major currencies on Thursday in London, but held on track for the highest close to a calendar quarter in 5 years in US Dollar terms.   Crude oil retreated again from Tuesday’s new 2018 highs and silver fell harder than gold prices, dropping to $16.24 and […]

Read More

Silver Piles Up in Warehouses Amid FANGs Sell-Off, Gold-Silver Ratio Near 2-Year High

GOLD BULLION again dipped to $1340 per ounce Wednesday morning in London and silver prices also re-touched their lowest since Friday as world stock markets extended yesterday’s 1.7% drop in US equities.   Commodity prices fell for a second day as US bond prices jumped again, pushing the yield offered by 10-year US Treasury debt […]

Read More

'Politics Driving' Gold Spike But 'Glass Half Full' Stock Rebound Sinks Price $15, GLD Shrinks

GOLD PRICES slipped from an overnight spike to fresh 5-week highs against the falling US Dollar on Tuesday, dropping 1.1% as world stock markets jumped, extending yesterday’s strong rebound on Wall Street.   After suffering its worst week since gold prices peaked in 2011, the US stock market yesterday recorded its strongest 1-day gain since […]

Read More

Gold and Silver Jump, Burning Comex Shorts as Dollar Falls, Stocks Bounce Amid US-China 'Trade War' Detente

GOLD PRICES rose and silver jumped against a falling US Dollar on Monday in London, trading near 5-week and 3-week highs respectively as global stock markets bounced amid negotiations between the US and China to avert a ‘trade war’ between the world’s two largest economies, writes Steffen Grosshauser at BullionVault.   Gold overnight in Asian […]

Read More

Gold Jumps as 'Trade War' Hits Stocks, 11-Year Record in Link with Interest Rates

GOLD PRICES rose sharply against all major currencies on Friday, recovering even last week’s 1.5% drop in Japanese Yen terms while stocks and shares fell worldwide as Beijing hit back at Washington with plans for new import tariff rates on US goods arriving in China.   President Trump’s new $60 billion tariffs on a raft […]

Read More

Gold Prices Hit 2-Week Highs as Fed Sees No Inflation, Interbank Rates Spike Amid 'Trump Trade War' Fears

GOLD PRICES rose against all major currencies bar the Japanese Yen on Thursday, gaining after the Federal Reserve raised its key Dollar interest rate as expected but world stock markets fell amid what analysts called anxiety over US President Trump’s anti-free trade policies.   Dollar priced gold rose above $1330 per ounce and Euro gold […]

Read More

Gold: Fed Rate Hike 'Priced In' But 'Silly Moves' Due on Powell's 1st Presser

GOLD PRICES rose against all major currencies ahead of the Federal Reserve’s much-expected hike to Dollar interest rates on Wednesday, regaining last week’s $10 loss to trade above $1322 per ounce for US investors.   Silver regained half of last week’s 1.5% loss to reach $16.45 as the broader commodity markets also rose, as did […]

Read More

GLD and SLV Grow, Coin Dealers 'Awash' with Metal as Gold and Silver Fall Ahead of the Fed

GOLD PRICES rallied for the second time in two sessions from a dip below $1310 per ounce in London on Tuesday, holding onto a slight gain for 2018 to date against the Dollar ahead of tomorrow’s US Federal Reserve decision on interest rates, widely expected to bring the first of four quarter-point hikes this year. […]

Read More

Putin Landslide and Brexit 'Deal' Sees Gold Price in GBP Hit 3-Month Low Ahead of US Fed and BoE Rate Decisions

GOLD PRICES extended their losses on Monday morning in London after Russian President Vladimir Putin scored a landslide election victory ahead of interest-rate decisions by the US Fed and the Bank of England this week, writes Steffen Grosshauser at BullionVault.    Already down 0.8% last week, gold priced in the Dollar slid to its lowest […]

Read More