GOLD PRICES gave back a $5 pop on new US jobs data Friday to near the weekend at $1269 per ounce – a 13-week closing low – as world stock markets slipped from new all-time highs.   Crude oil rose but base metals eased back further from their 25% gains of the last 6 months. […]

GOLD PRICES held or rose near multi-week highs for most investors outside the US Dollar and Euro on Thursday, as the Bank of England followed the Federal Reserve’s widely expected “no change” decision by raising UK rates off an all-time record low as analysts and traders had forecast.   The Pound fell hard on the […]

GOLD PRICE gains of 0.9% overnight evaporated against a rising US Dollar in London on Wednesday ahead of the Federal Reserve’s latest policy decision, widely-expected to leave interest rates and QE unchanged.   Gold popped to 1-week highs at $1280 per ounce in Asian trade overnight as the Caixin PMI survey said Chinese manufacturing activity […]

GOLD PRICE gains of 0.5% evaporated in Dollar terms in London trade Tuesday as European stock markets rose with government bond prices despite the “internationalization” to Belgium of Catalonia’s separatist push against Spain.   With Dollar-gold trading down to last week’s finish at $1272 per ounce – the lowest Friday close since early August – […]

GOLD PRICES inched lower on Monday morning in London ahead of a busy week for central bank policy meetings, plus Donald Trump’s pick for the next head of the US Federal Reserve, writes Steffen Grosshauser at BullionVault.   After the European Central Bank slowed its QE stimulus growth last week, the Bank of Japan will […]

GOLD BULLION headed for its lowest weekly close since the start of August today, losing over 1% against the rising Dollar from last Friday’s finish as world stock markets rose yet again.   After Thursday’s latest data showed the US trade deficit, jobless benefit claims and pending home-sales all worsening, economists on average forecast a […]

GOLD PRICES fell against a rising US Dollar on Thursday but erased this week’s earlier 0.7% loss versus the Euro currency as the European Central Bank unveiled a smaller than expected “taper” of its quantitative easing program.   Vowing to keep its zero and negative interest-rate policy unchanged “for an extended period [and] well past […]

GOLD PRICES fell to the lowest in 3 weeks against all major currencies in London on Wednesday, falling as world stock markets rose after Wall Street set fresh all-time highs despite growing expectations of tighter central-bank policy in the US, UK and Eurozone.   UK government Gilt yields jumped to their highest since February followed […]

GOLD PRICES gave back yesterday’s bounce against a rising Dollar in London on Tuesday as world stock markets ignored Wall Street’s drop, bond yields rose, and a UK policy-maker tried to cool expectations for a hike in Pound Sterling interest rates.   America’s S&P500 index last night capped a 5-day streak of new all-time record […]

GOLD PRICES fell to 2-week lows against a rising US Dollar on Monday as world stock markets pushed upwards from new record closing highs after the ruling government in Japan won its ‘snap’ election with a landslide.   The Japanese Yen sank to a 3-month low versus the Dollar, and Tokyo shares hit 21-year highs, […]