GOLD PRICES are trading at its lowest level since August 28th 2017 after the Federal Open Market Committee put the option of an interest rate hike before the end of the year back on the table, writes Atsuko Whitehouse at BullionVault. Dollar Index, measuring the US currency against a basket of other currencies, surged 0.5% as […]

GOLD BARS traded in London’s wholesale bullion market halved this week’s 1.1% drop ahead of the US Federal Reserve’s September rates decision on Wednesday, rallying as the Dollar fell on the currency market.   Peaking at $1315 per ounce, the price of large 400-ounce gold bars rose as the Euro hit a 1-week high of […]

GOLD INVESTMENT prices at multi-week lows against all major currencies except the Japanese Yen on Tuesday in London, erasing the last of September’s earlier 4.0% jump versus the Dollar as global stock markets edged up to set yet another new record high.   Starting 2017 at fresh all-time highs just above the spring 2015 peak, […]

GOLD PRICES fell on Monday morning in London, retreating against all major currencies as global stocks hit new highs and major government bond prices fell amid growing expectations that the US Federal Reserve will tighten its monetary policy at this week’s meeting, writes Steffen Grosshauser at BullionVault.   With US Treasury bond yields rising, non-interest […]

GOLD PRICE gains of 1.6% from last week were again erased Friday in London, as the outlook for interest-rate hikes trumped new geopolitical tensions led by another weapons test by the pariah state of North Korea.   Dollar priced-gold retreated to $1325 per ounce – more than $30 below last Friday’s 12-month high – as […]

GOLD BULLION held near 2-week Dollar lows in London trade Thursday as new data showed an uptick in US inflation, keeping a likely December rate rise from the Federal Reserve “on the table” according to some analysts.   The Dollar spiked on the FX market to its highest level against the Euro so far in […]

GOLD BULLION marked today’s 10th anniversary of the UK’s Northern Rock banking run as the best-performing major asset class bar none for UK investors since mid-September 2007.   Physical gold bars have beaten the total return from shares and bonds over the last 10 years, with the UK gold price in Pounds Sterling gaining 189%.   […]

GOLD PRICES erased last week’s 1.7% gain versus the Dollar on Tuesday in London as the US stock market opened at a new all-time record high following a UN agreement on new sanctions against North Korea over its nuclear weapons tests.   Dollar gold prices traded $30 per ounce below Friday’s 12-month high of $1356 and […]

GOLD PRICES fell from last week’s 12-month highs on Monday morning in London as the Dollar rebounded and global stocks hit new highs after Hurricane Irma was downgraded to a ‘storm’ and the weekend passed without North Korea testing any nuclear weapons to mark its national foundation day, writes Steffen Grosshauser at BullionVault.   Spot […]

GOLD PRICES fell below $1350 per ounce Friday lunchtime in London, cutting the metal’s weekly Dollar gain to 1.7% and heading for a loss against other major currencies after touching a new 12-month high for US investors at what some chart analysts called a key level.   The Euro rose back to its strongest Dollar […]