The GOLD PRICE extended its gains and rallied to a 6-week high on Monday morning after London was struck by another terrorist attack at the weekend but oil prices sank despite rising geopolitical tensions in the Gulf region, writes Steffen Grosshauser at BullionVault.   The stock exchange in Qatar fell by nearly 8% – and […]

GOLD PRICES jumped to 5-week highs against a weakening Dollar on Friday, rising to meet the metal’s 6-year downtrend – starting from the all-time peak of September 2011 – after new US data said the world’s largest economy added fewer jobs than expected in May.   Instead of expanded by 185,000 as analysts forecast, non-farm […]

GOLD TRADING in London’s wholesale market saw prices slip against a rallying Dollar on Thursday as new data said US jobs growth blew past analyst forecasts in May.   Wholesale bars traded down to $1262 per ounce – $10 below yesterday’s new 5-week highs – as world stockmarkets edged higher but US Treasury bonds fell, […]

GOLD PRICES in London’s wholesale market erased their monthly loss against a falling US Dollar on Wednesday, reversing May’s earlier 4% drop as world stock markets rose once again.   Rising back to end-April’s Dollar level of $1266, gold traded in wholesale bullion bars had fallen to 8-week lows in mid-May at $1214 per ounce.   […]

GOLD FUTURES retreated from new 1-month highs as London’s bullion market re-opened after the long Whit weekend on Tuesday, trading down to $1260 per ounce as world stock markets slipped.   Silver fell faster than gold futures prices, losing over 1% from early Tuesday’s new 5-week high at $17.47 per ounce as US crude slipped […]

GOLD PRICES jumped above $1265 per ounce in London trade Friday, gaining 0.9% for the week as world stock markets slipped despite another fresh overnight record-high in US equity indices.   Major government bond prices rose, pushing interest rates down, and crude oil extended its slump from Tuesday’s 1-month highs despite the Opec producers’ cartel […]

OVERNIGHT gold price gains of almost 1% were halved in London trade Thursday lunchtime as world stock markets ticked higher following yesterday’s new record highs in the US S&P500 index.   The Dollar rallied on the FX market despite what analysts called “cautious” comments on the issue of raising interest rates from the US Federal […]

SILVER PRICES slipped from yesterday’s 3-week highs but held firmer than gold to bounce back above $17 per ounce on Wednesday ahead of the release of minutes from the US Federal Reserve’s latest interest-rate meeting.   Physical gold bullion dipped to bounce $4 higher from $1250 per ounce as world stockmarkets held flat with major […]

GOLD PRICES held in a tight $5 per ounce range Tuesday, trading around $1260 as world stock markets extended their push to new record highs.   English police made an arrest following the suicide-bomb murder overnight of 22 children, teenagers and other concert-goers in Manchester.   India’s army reported making its first “punitive” strikes of 2017’s spring […]

SILVER PRICES touched a 3-week high on Monday morning in London, while gold stayed firm and the Dollar fell again amid fresh political turmoil around US President Donald Trump, writes Steffen Grosshauser at BullionVault.   The US Dollar fell to its lowest Euro value since last November – just before Trump’s White House victory – […]