GOLD PRICES failed to hold yesterday’s rally on Friday in Asian and London trade, heading for the 5th weekly loss in 6 as world stock markets rose and India’s key gold-buying festival season of Diwali ended.   Major government bond prices fell, pushing 10-year US Treasury yields up towards early October’s 3-month highs at 2.36% […]

GOLD PRICE losses of 2.0% for the week so far were cut to 1.2% lunchtime Thursday in London, as world equities fell from new record highs and government bond yields rose against a backdrop of fresh geopolitical tensions from Spain to India and China.   After Wall Street set new all-time highs last night, gold […]

GOLD PRICES extended this week’s drop on Wednesday as bullion-market executives got back to work after the LBMA conference in Barcelona, taking the precious metal’s loss since Monday’s brief 3-week high to 2.0% against a rising US Dollar.   The single Euro currency retreated to 1-week lows versus the Dollar amid speculation over US president […]

GOLD PRICES extended their fall on Tuesday morning in London as the Dollar continued to rise amid speculation off potential new Fed chief and continuing geopolitical tensions in the Middle East and the Korean peninsula, writes Steffen Grosshauser at BullionVault. Gold slid to $1288 after touching a 3-week high in the previous session before falling […]

The GOLD PRICE is up above $1305 per ounce this Monday lunch time amid Asian stock market gains to multi-decade highs following Friday’s record US stock levels. The MSCI Asia Pacific Index rose to its highest level since November 2007, while Nikkei climbed for a tenth day to the highest level seen since Nov 1996. The FTSE increased […]

GOLD BARS traded in London’s wholesale market rose sharply early Thursday as the Dollar fell on the currency market following ‘dovish’ comments in the US Federal Reserve’s latest policy-meeting notes.   The greenback then rallied and gold slipped to $1292 per ounce after new data showed US producer price inflation beating analyst forecasts for September […]

GOLD BULLION held flat against a falling US Dollar on Wednesday, trading at $1290 per ounce as Madrid delayed taking control of breakaway Spanish region Catalonia after the governor in Barcelona delayed a formal proclamation of independence.   New Japanese data showed strong growth in orders for both machinery and machine tools.   Major government […]

The GOLD PRICE touched 2-week highs for Dollar and Euro investors on Tuesday, extending the metal’s rally from Friday’s 8-week low to 2.4% as world stock markets slipped further from last week’s new record high.   Major government bond prices also slipped with stocks, edging yields higher.   Betting on the likelihood of a US […]

GOLD and SILVER edged higher against a falling Dollar in Asian and London trade Monday, each gaining half-a-per-cent after traders in world No.1 consumer country China returned from national holidays.   Gold prices at one point touched $1284 per ounce, some 1.9% above Friday’s fresh 8-week low, as the US currency retreated against major rivals […]

GOLD PRICES slipped against a rising US Dollar in London trade Thursday, cutting the metal’s recent losses in terms of other currencies such as the Euro as political tensions rose in the UK and Spain.   Ahead of Friday’s official monthly jobs estimate, the Dollar price of gold held around $1275 per ounce as new […]