GOLD PRICED in the US Dollar showed a 0.5% weekly gain as New York trading began on Friday, holding at $1293 as European stock markets slipped amid a fresh round of political turmoil.   “Up until now people have been quite rightly worried about the prospects of no deal” for the UK’s March exit from […]

GOLD BULLION peaked within $3 of $1300 per ounce early Thursday, just $1 shy of making a new 7-month high, after 4 senior officials from the Federal Reserve said separately that the US central bank will now be “patient” before raising interest rates in 2019, repeating the sudden change in message made by Fed chair […]

GOLD PRICES in London wholesale market held unchanged for US Dollar and UK Pound investors on Wednesday but slipped to 1-week lows in Euro terms as world stock markets rallied for a 5th session running.   New data today put the 19-nation Eurozone’s jobless rate down at 7.9%, a fresh 10-year low, while No.1 economy […]

GOLD PRICES fell below last week’s multi-month closing high against all major currencies on Tuesday, losing $15 for the day in Dollar terms as the US currency rallied and European stock markets finally caught up with the New Year rise in American and Asian equities.   “Talks with China are going very well!” tweeted US […]

GOLD PRICES rose Monday against a declining Dollar following US Federal Reserve chief Jerome Powell’s promise to be “patient” before making any 2019 hikes to interest rates, writes Atsuko Whitehouse at BullionVault.   Spot gold prices peaked 0.7% above Friday’s closing level, touching $1295 per ounce but holding dead-flat for UK and Eurozone investors at […]

BUY GOLD prices in London’s wholesale market fell $15 from nearly touching $1300 per ounce Friday after new data showed much stronger-than-expected US jobs growth at the end of 2018.   Trading down to $1284, gold priced in Dollars still headed for a 0.5% weekly rise, its third consecutive such rise – and the longest […]

GOLD PRICES rose yet again in all major currencies bar the Japanese Yen on Thursday, extending New Year 2019’s gains to new all-time record highs against the Australian Dollar as Asian trading saw fresh turmoil in currency and equity markets.   The UK gold price in Pounds per ounce touched £1032 when Asian trade began, […]

GOLD PRICES held near this week’s new multi-month highs on Friday in London as equities fell yet again amid fresh political turmoil in the Trump White House and new fears over GDP growth in China, the world’s second largest economy.   With global stock markets falling for the 9th time in 15 sessions this month, […]

GOLD PRICES rallied from an overnight drop against all major currencies on Thursday in London, challenging new 5-month highs in Dollar terms after the US Federal Reserve yesterday raised its key interest rate as expected but also downgraded its outlook for 2019.   Silver and platinum prices also rose back towards this week’s highs as […]

BUY GOLD prices edged back from a 1.0% rise for the week so far on Wednesday in London, taking Dollar prices down $3 from a new 5-month peak of $1251 as traders awaited the US Federal Reserve’s final policy statement of 2018, widely expected to bring the fourth hike of the year to short-term interest rates. […]