GOLD BARS traded in London’s wholesale market rallied from yesterday’s 1-week lows to trade around $1280 on Thursday, regaining $5 per ounce as world stock markets again rose with commodities after a late sell-off in US trade.   Despite analyst chatter over this weekend’s apparently “four-horse race” in the French presidential election, the Euro rose […]

GOLD BULLION priced in Dollars retreated on Wednesday from its second attempt in 3 days to break the 6-year downtrend starting at 2011’s record peak, as world stock markets and commodities steadied after yesterday’s drop amid a higher outlook for world economic growth from the IMF.   Analysts at Germany’s Commerzbank last week called the […]

GOLD PRICES held $10 per ounce below yesterday’s spike to new 5-month highs as London’s bullion market re-opened for business after the long Easter weekend on Tuesday, trading at $1285 amid fresh geopolitical headlines, cited by analysts as driving this month’s 3% gain to date.   Gold prices have been “closing in on trend lines […]

GOLD PRICES jumped to new 5-month highs above $1286 per ounce Thursday morning but curbed their gains for non-Dollar investors after the US currency fell hard on President Trump’s comment that the greenback “is getting too strong.”   Despite easing from the 13-year highs reached immediately after Trump’s election last November, “Partially [this strength] is […]

SPOT GOLD PRICES touched new 5-month highs against a falling US Dollar at $1275 per ounce in London on Wednesday, with the LBMA Gold Price benchmark fixing at its highest level since Donald Trump won the US presidential election last November.   European stockmarkets erased an early bounce, but commodities pushed higher with government bond […]

GOLD PRICES rose above what analysts called ‘technical resistance’ to break $1260 per ounce Tuesday afternoon in London as Donald Trump’s switch in foreign policy against Syria and North Korea again made headlines worldwide.   After the unilateral US action against Syria’s Assad regime last week, President Trump said he will “solve” the rogue Asian state […]

GOLD PRICES moved further below Friday’s sudden 5-month high on Monday despite growing geopolitical tensions over Syria and North Korea, under pressure from a stronger US Dollar, writes Steffen Grosshauser at BullionVault.   The Dollar rose to a 1-month high against the Euro while crude oil rebounded another 1% after Friday’s spike and sell-off.   […]

GOLD INVESTING prices twice jumped to $1270 per ounce on Friday, first as the US military bombed Assad-regime facilities in Syria after this week’s chemical weapons attack on Idlib, and then as US jobs data said the world’s largest economy added just 98,000 jobs in March.   That saw the gold price for US investors […]

GOLD PRICES in London’s wholesale market slipped on Thursday against a rising Dollar, but held onto $10 per ounce of a $15 overnight rally as minutes from the Federal Reserve’s latest policy meeting pointed to the unwinding of the US central bank’s $3.6 trillion QE asset purchase program.   After the private-sector ADP report suggested […]

GOLD PRICES erased this week’s earlier 1% gains to slip back below $1249 per ounce in London wholesale trade Wednesday as world stock markets edged higher and the US Dollar rose despite the shock resignation of Richmond Federal Reserve Bank President Jeffrey Lacker.   With the official non-farm payrolls estimate due Friday, new employment data […]