GOLD PRICE gains of 0.5% from last Friday’s finish held firm in London trade today as world stock markets recovered more of this week’s drop and commodities also rallied after falling from their recent multi-year highs.   Gold held at $1282, some $5 per ounce below Wednesday’s attempt at 4-week highs versus the US Dollar. […]

GOLD PRICES edged back up to $1280 per ounce on Thursday in London as world stock markets rose for the first session in six.   With gold prices trading just $10 per ounce above the 13-week closing low of week-ending Friday 3 November, so-called “junk bond” prices also rallied with equities.   US corporate bonds […]

GOLD PRICES jumped to 4-week highs against a weakening US Dollar in London trade Wednesday lunchtime, reaching $1288 per ounce as world stock markets followed Wall Street lower for the 5th session running.   New data today showed US inflation holding at the Federal Reserve’s 2.0% annual target in October, while retail sales rose 4.6% […]

COMEX GOLD contracts recovered a $5 drop against a weakening US Dollar in London lunchtime trade Tuesday, rising back to last week’s finish at $1275 after what analysts called another “large sell” order on the futures market.   Commodities retreated and bond prices edged higher as world stock markets fell again.   Germany’s Dax dropped […]

GOLD PRICES traded in a narrow $5 range above last week’s close on Monday morning in London as expectations held firm for a US Fed rate hike next month and the British Pound dropped amid fresh doubts over Prime Minister Theresa May’s leadership, writes Steffen Grosshauser at BullionVault.   Gold prices climbed to $1279 per […]

GOLD PRICES slipped but held 1.1% higher from last Friday’s 13-week closing low in Dollar terms today as world equities followed Wall Street further below the stock market’s recent all-time highs.   Silver held the same weekly gain at $17.02 per ounce, while platinum prices traded 1.7% higher from last Friday above $936.   Crude […]

BUY GOLD prices traded at 3-week highs and more against all major currencies outside the Japanese Yen on Thursday, rising despite new data showing the weakest 12-monthly gold demand since early 2010.   Global gold buying demand fell below 4,000 tonnes between October 2016 and September this year, with global gold mining output larger by […]

GOLD PRICE gains of 0.9% for the week so far held firm in London trade Wednesday as world stock markets flat-lined with bonds and commodities, and news spread that hundreds of millions of dollars held in crypto-currency Ethereum have been potentially lost by a developer “error”.   Between $150-300 million-worth of crypto-currency was either frozen […]

GOLD PRICES held most of yesterday’s 1.0% jump against the Dollar and touched new 3-week highs for Euro investors on Tuesday, trading higher as crude oil rose and Saudi Arabia accused Iran of “direct military aggression” tantamount to a declaration of war.   Wall Street’s S&P500 index of US stocks ended Monday with its 11th […]

GOLD PRICES rose in all major currencies outside a rallying British Pound on Monday, gaining as crude oil hit 2-year highs amid political turmoil and violence in the Middle East.   Gold prices rallied back to $1272 per ounce as oil futures rose to their highest Dollar price since mid-2015, breaching $62 per barrel of […]