GOLD PRICES slipped $10 per ounce from last week’s 2-month highs on Monday morning in London as the US Dollar rallied and global stock markets rose on what analysts and pundits called a retreat in nuclear tensions between the US and North Korea, writes Steffen Grosshauser at BullionVault.   Crypto-currency Bitcoin meantime spiked to new […]

GOLD PRICES spiked and then retreated Friday afternoon in London but matched their highest weekly close since before Donald Trump was elected US president last November as the odds of a Federal Reserve rate-hike in September were slashed to zero after July’s consumer-price inflation data came in below analyst forecasts.   With Trump’s North Korea […]

GOLD BAR prices in the global wholesale market jumped Thursday afternoon in London as weaker-than-expected US inflation data followed a fresh threat from North Korea of firing missiles – possibly nuclear – towards the US island territory and Asian military base of Guam.   Priced in Dollars, large gold bars came within $10 of June’s […]

GOLD PRICES jumped to 8-week highs versus a rising Dollar on Wednesday as new data showed US wages remain sluggish while President Trump repeated his willingness to use nuclear weapons against North Korea after Pyongyang threatened to strike the United States’ bomber base on Guam.   Gold prices had already recovered last week’s losses for […]

GOLD BULLION halved last week’s loss against the Dollar Tuesday lunchtime in London, rising to $1265 per ounce as the US currency fell once again on the FX markets and base metal prices jumped to a series of multi-year highs.   Silver also rallied with gold bullion – gaining 10 cents per ounce to trade […]

GOLD PRICES held flat Monday morning against the Dollar as the US currency reversed some of last week’s bounce amid fresh threats of nuclear conflict from North Korean’s government, writes Steffen Grosshauser at BullionVault.    After falling to a 10-day low of $1254 late Friday – and seeing its first weekly decline in four on […]

GOLD PRICES sank 0.6% against the Dollar on Friday as the US reported stronger-than-expected jobs data for July.   New York’s stock markets opened the day lower as the Dollar rallied from its latest 31-month lows to the Euro and bond prices fell, pushing longer-term interest rates higher.   Non-farm payrolls expanded by 209,000 last […]

GOLD PRICE losses of $10 per ounce for this week so far were almost entirely erased in London trade Thursday lunchtime, taking the metal back up to $1268 as global interest rates eased back and crude oil edged higher once more.   The UK gold price in Pounds per ounce meantime jumped to £965, reversing […]

GOLD PRICES slipped $5 per ounce from last Friday’s 8-week closing highs against the Dollar in Asian and London trade on Wednesday before new data said the US economy added fewer jobs than expected in July.   With the Dollar gold price bouncing from $1265, non-US currency prices fell harder however, touching 1-week lows for […]

GOLD PRICE gains of $5 per ounce reversed in London trade Tuesday lunchtime, pulling the metal back from 7-week highs at $1270 but holding above what one analyst identifies as a “critical” trendline against the US the Dollar.   “Gold is at a critical juncture,” says strategist Jonathan Butler at Japanese conglomerate Mitsubishi in his […]