GOLD BULLION recovered $5 per ounce from a dip below $1250 on Friday, heading for a 2.1% weekly gain as world stock markets cut their mid-week losses despite fresh pressure on US President Donald Trump over his team’s foreign connections and Middle East policies. Government bond yields ticked higher again, and the Dollar fell […]
Read MoreTrump 'Witchhunt' Sees Gold Price Pop $30 Below 'Game Changing Level'
GOLD PRICES touched 2-week highs against all major currencies bar the Japanese Yen on Thursday before easing back, extending 2017’s year-to-date gains versus the weakening US Dollar to 9.3% as the scandal around Donald Trump’s sacking of FBI director James Comey deepened again. Asian and then European stock markets fell hard for a second […]
Read MoreGold Prices Jump Over 200-DMA as Trump-Comey 'Nears Impeachment', T-Bond Yields Fall with Dollar
GOLD PRICES jumped against a fast-falling US Dollar on Wednesday, hitting 2-week highs as President Trump’s sacking of FBI director James Comey deepened once more. The New York Times yesterday reported Comey took notes of a meeting where Trump asked him to stop investigating ex-National Security Advisor Lt.Gen. Michael Flynn‘s alleged contact with Russian […]
Read MoreGold Price Firm as India Faces GST, Deficits at Issue for Platinum Week
GOLD held firm with silver and platinum prices on Tuesday morning, trading at $1234 per ounce as world stock markets followed Wall Street higher and commodities extended their rise after crude oil jumped on Opec’s promise of extended production cuts. With gold 1.6% above last week’s 2-month lows versus the Dollar, the price of […]
Read MorePlatinum Price Jumps 1.8% as Hedge Funds Go Short, Oil Gains, Dollar Falls
SILVER and PLATINUM PRICES outran gold’s recovery on Monday against a falling US Dollar, jumping near 2-week highs as world stock markets dropped following another North Korean missile test, writes Steffen Grosshauser at BullionVault. Major corporate and government I.T. systems continued to suffer from last week’s WannaCry ransomware attack. Measuring the greenback’s value […]
Read MoreSilver Price Drop 'Overdone' as SLV Swells, World Silver Stockpiles Hit 21-Year High
SILVER PRICES rallied with gold and both metals recovered last week’s closing level in US Dollar terms in London trade on Friday. Silver prices rose above $16.40 per ounce as government bonds rose with world stock markets and commodities ahead of key US data on retail sales and consumer-price inflation. Separate data overnight […]
Read MoreGold Price Steadies, Silver Loses 1% Pop as ETFs, London Vaults Swell, LME Pitches for 'Fix'
GOLD PRICES held $10 per ounce above this week’s new 3-month lows in London on Thursday, trading at $1224 as Western stock markets slipped, commodities rallied and European government bond prices fell. Gold priced in British Pounds today rose back above £950 per ounce, £10 above this week’s new 3-month lows, as Sterling fell […]
Read MoreGold Price Rallies $10 But 'Targets $1200' as Trump Sacks Comey, N.Korea Prepares Nuclear Test
GOLD PRICES rallied $10 per ounce from new 2-month lows against the US Dollar on Wednesday morning, also rallying against other currencies after US President Trump shocked political pundits by sacking FBI director James Comey. North Korea’s ambassador to the UK meantime said Pyongyang is preparing to conduct a sixth nuclear weapons test, ratcheting […]
Read MoreGold Bullion Hits 2-Month Low, Silver Below Pre-Brexit Price in Euros, Sterling But SLV ETF Solid
GOLD BULLION set a new 2-month low against the US Dollar on Tuesday, falling to $1224 per ounce as European stock markets rose and bond yields ticked higher following the weekend’s election of centrist ex-investment banker Emmanuel Macron as President of France. Silver fell harder, dropping to its lowest since the opening day of […]
Read MoreMacron's Win See Equities Fall, Gold Price Rally, Silver Hit by Heaviest Comex Cut Since 2015
GOLD PRICES rallied from new 7-week lows on Monday as the Euro retreated from a 6-month high on the FX market, hit after centrist ex-investment banker Emmanuel Macron won the French presidential election with a large margin, writes Steffen Grosshauser at BullionVault. The pro-EU candidate of the new En Marche! party he founded only […]
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