GOLD PRICES rose against the falling Dollar but held flat or fell versus other major currencies on Friday as the US faced a possible government shutdown over lawmakers’ failure to agree a 2018 budget.   Asian and European stock markets shrugged off last night’s drop in New York stocks but major government bond prices slipped […]

GOLD TRADING in London saw wholesale prices rally from near 1-week lows versus the Dollar on Thursday as the US currency fell again after new data said growth in China’s economy accelerated last year for the first time since 2010.   Gold prices popped $5 higher but failed to hold above $1330 per ounce as […]

GOLD PRICES pulled back from 4-month highs above $1340 per ounce for the third day running in London on Wednesday, again trading lower for non-Dollar investors as the US currency fell once more.   Asian and European stock markets also headed south after Wall Street marked a “key reversal” from fresh all-time record highs for […]

GOLD PRICES for Euro, UK and Japanese investors fell back near unchanged for 2018 so far on Tuesday and silver fell to a small loss for the New Year as world stock markets pushed up to fresh record highs.   Industrial commodities fell but major government bond prices rallied from their sell-off, pulling the yield […]

GOLD BAR prices shot to new 4-month highs against the Dollar in wholesale trade on Monday morning in London as the US currency plunged to a 3-year low versus the world’s other currencies amid worsening tensions between nuclear states India and Pakistan, write Steffen Grosshauser and Adrian Ash at BullionVault.   With US markets shut […]

GOLD INVESTMENT bars pushed their New Year 2018 gains to 2.3% versus a falling Dollar in London trade Friday, rising even as world stock markets extended yesterday’s fresh record highs in US equities.   Large bullion bars traded by wholesalers and investment dealers reached new 4-month highs at $1332 per ounce before edging back after […]

GOLD PRICES rose back above $1320 per ounce against a weakening US Dollar on Thursday as major government bond yields rose once more and Beijing played down rumors it might stop or cut its demand for US government debt.   Responding to Wednesday’s claims from Bloomberg that the People’s Bank may stop buying Treasuries as […]

GOLD PRICES jumped 1.2% against a plunging Dollar in London trade Wednesday morning, setting the highest bullion-market benchmark in 4 months as financial markets whipped on rumors that China may stop buying more US government debt for its huge foreign currency reserves.   Bloomberg News says officials running China’s $3.14 trillion of central-bank reserves have […]

GOLD PRICES slipped Tuesday in London’s wholesale market, falling for only the fourth time in 16 trading days as world stock markets, commodities and government bond prices all rose yet again.   The US Dollar extended this week’s rally from 3-month lows on the currency market, pushing the Euro down to $1.19205, a 7-session low. […]

GOLD PRICES held onto last week’s 1.4% gains in London trade Monday but silver slipped amid a rally in the Dollar on the forex market.   World equities pushed up to fresh all-time record highs as major government bond prices also rose, pushing interest rates lower.   European banking stocks lagged the broader gain in […]