GOLD PRICES rallied $10 per ounce from yesterday’s fresh 5-month lows against the Dollar in Asian trade Wednesday, only to lose half that bounce in London as traders looked to today’s key US monetary policy decision from the Federal Reserve.   With US inflation data due later on Wednesday, just before the US Fed’s widely-expected […]

SPOT GOLD prices failed to hold a 0.4% overnight rally from new 5-month lows in London on Tuesday, slipping back as world stock markets rose again ahead of tomorrow’s key US Fed decision on Dollar interest rates amid worsening tensions in the Middle East.   Edging back towards $1241 per ounce today, the price of […]

SILVER PRICES failed to follow a small bounce in gold bullion Monday morning in London, holding unchanged versus the US Dollar from New Year 2017 as gold held $100 per ounce higher from January 1st ahead of this week’s long-anticipated US Federal Reserve decision on interest rates.   With silver prices slipping towards last week’s […]

GOLD and SILVER prices steadied above 5-month lows versus the US Dollar in London trade Friday, rallying into the weekend as global stock markets rose.   The EuroStoxx 50 index of Europe’s largest corporations added 1.8% for the week.   Commodities edged higher but major government bond prices slipped further from Thursday’s drop, when gold […]

GOLD PRICES  cut this year’s gain below 9% for US Dollar investors in London trade Thursday morning, dropping to new 4-month lows beneath $1255 per ounce as crypto-currency Bitcoin surged past $15,000 for a 2017 gain of 1,456%.   Commodities today slipped overall after Wall Street stock markets closed lower overnight for the fourth session running […]

GOLD PRICES cut this year’s gain below 9% for US Dollar investors in London trade Thursday morning, dropping to new 4-month lows beneath $1255 per ounce as crypto-currency Bitcoin surged past $15,000 for a 2017 gain of 1,456%.   Commodities today slipped overall after Wall Street stock markets closed lower overnight for the fourth session […]

GOLD BARS rallied from yesterday’s 9-week low in Asian and London trade Tuesday as global equities slipped with commodity prices amid rising tensions over Washington’s policies in both the Middle East and towards rogue state North Korea.   A Chinese state-run newspaper today gave readers near the border with North Korea a page of “common […]

GOLD PRICES slipped near 1-month lows against a rising US Dollar in London trade on Tuesday, drifting back to $1273 per ounce as world stock markets followed Wall Street lower after Monday’s drop.   Commodities fell as major government bond prices edged longer-term interest rates higher.   “Gold should encounter significant support at $1269/67 and […]

GOLD PRICES dipped Monday morning as the US Dollar gained following the Senate’s approval of Donald Trump’s tax cuts and Western stock markets rose, writes Steffen Grosshauser at BullionVault.   The US Dollar briefly touched a 2-week high after the Senate narrowly approved the Republican Party’s tax overhaul on Saturday, including plans to slash the […]

So the perfect ‘asset’ for this bubble in everything… BITCOIN blew by another milestone, writes Bill Bonner in his Diary of a Rogue Economist. Last week, the world’s first cryptocurrency hit a new record above $10,000. It started off the year trading at just $997. “I can’t believe what happened,” said a friend. “I bought […]