GOLD BULLION rose sharply to near 5-month highs in London trade Tuesday morning, setting its highest London benchmark price since 10 November – the day after Donald Trump’s US election victory –as major government bond prices also rose, pushing bond yields down to multi-week lows amid growing jitters over this month’s French presidential vote.   […]

GOLD PRICES slipped against a rallying US Dollar on Monday in London as traders looked ahead to this week’s US payrolls jobs data plus President Trump’s meeting with Chinese counterpart Xi Jinping, writes Steffen Grosshauser at BullionVault.   Gold traded in a narrow $5 price range around $1246, recovering from Friday’s 10-session lows as world […]

GOLD PRICES slipped Friday but headed on the last day of March 2017 for a 7.1% gain versus the US Dollar since New Year’s Eve.   Rising across the first quarter for the 8th time in the last 10 years, gold prices achieved that in just half of the January-to-March periods over the previous four […]

GOLD PRICES again dipped and rallied back above $1250 per ounce in Asian and early London trade Thursday, unchanged from the end of last week with analysts continuing to point to the metal’s 200-day moving average at $1260 as strong resistance to the first quarter’s 8.6% gain.   Asian stock markets closed lower but European […]

GOLD PRICES held $10 per ounce higher for the week so far at $1253 Wednesday lunchtime in London as world stock markets traded flat overall and the British Pound whipped on the currency market as the UK Government formally notified the European Council of its intention to leave the EU following last June’s Brexit referendum. […]

GOLD PRICES rallied $7 per ounce touch $1258 in London trade Tuesday morning, nearing yesterday’s new 1-month high as world stock markets also held flat but the Dollar retreated again as pundits and analysts continued to talk of the ‘Trump trade’ having ended.   Friday’s failure to repeal Obamacare “sends investors a cautionary message about […]

SILVER PRICES jumped through $18 per ounce Monday lunchtime in London, outstripping the rising gold price as US stock markets opened sharply lower and the Dollar sank after President Donald Trump abandoned his attempt to repeal Barack Obama’s Affordable Care Act – a key plank of his election pledges.   Despite House Speaker Paul Ryan […]

SILVER PRICES shot higher Friday lunchtime in London, overtaking gold’s 1.6% gain for the week in Dollar terms to touch $17.75 per ounce as platinum also rose.   Currencies were little changed but commodities rallied after strong European PMI manufacturing surveys contrasted with weaker data from Japan and a 6-month low in US activity.   […]

GOLD PRICES again outpaced other precious metals to set fresh 3-week highs in London wholesale trade Thursday, rising again above $1250 per ounce as world stock markets held flat from this week’s slump ahead of US lawmakers voting on President Trump’s repeal of Obamacare.   With all Democrat Representatives set to vote against the change, […]

GOLD PRICES hit new 3-week highs in London trade Wednesday, rising above $1247 per ounce as Asian stock markets closed sharply lower and European equities dipped on what pundits and analysts called worries that the ‘Trump reflation trade’ is fading.   Failure to pass tomorrow’s vote on the new US President’s repeal and replacement of […]