GOLD BARS dealt in London’s wholesale market fell to new 3-week lows against a rising US Dollar on Tuesday, extended the drop on ETF investor selling as traders continued to bet on the Federal Reserve raising its key interest rate at next week’s March meeting.   So far in March the giant SPDR Gold Trust […]

GOLD PRICES were little changed on Monday morning in London, holding onto last week’s 2.1% drop as the US Dollar rallied and geopolitical tensions rose over North Korea’s latest missile test, writes Steffen Grosshauser at BullionVault.   Asian stock markets were mixed, closing the day flat overall, after North Korea fired four ballistic missiles into […]

GOLD PRICES dipped to $1225 per ounce in London Friday morning, rallying $5 by lunchtime but heading for the metal’s first weekly loss in 5 as bond prices also fell further ahead of US Federal Reserve chair Janet Yellen giving a speech on the outlook for Dollar interest rates.   Falling to $17.64 per ounce, […]

GOLD PRICES fell with the Euro currency to new 1-week lows against the Dollar in London trade on Thursday, dropping back to $1240 for the second day running as government bond prices fell yet again, pushing 2-year US Treasury yields up to the highest level in more than 7 years.   Commodities also dropped, and […]

GOLD PRICES fell near 1-week lows Wednesday in London, dipping beneath $1240 per ounce as US traders joined the session after Donald Trump’s first speech to Congress about his fiscal plans was overshadowed by 5 senior Federal Reserve officials surprising the markets with a seemingly co-ordinated announcement that Dollar interest rates are set to rise […]

GOLD BULLION slipped over $10 per ounce from yesterday’s spike to new 12-week highs in London on Tuesday, but held above $1250 per ounce ahead of new US president Donald Trump speaking to Congress on his fiscal plans.   World stock markets rose following Wall Street’s 12th consecutive new all-time closing high on the Dow […]

GOLD PRICES remained close to 3-month highs on Monday morning in London as world stock markets slipped further from last week’s new all-time highs ahead of this week’s key speeches from US President Trump and Fed Chair Janet Yellen, writes Steffen Grosshauser at BullionVault.   Gold traded in a $6 range around last week’s close […]

GOLD PRICES jumped in London trade Friday, hitting new post-Trump election highs at $1258 per ounce as the Dollar fell again, reversing the week’s prior gains to 6-week highs versus the Euro while world stock markets retreated further from their new all-time highs.   Government bond prices rose, pushing longer-term interest rates lower.   Gold […]

GOLD BARS traded in London’s wholesale bullion bank market rose to new post-Trump victory highs on Thursday, while the Dollar fell after yesterday’s notes from the Federal Reserve showed the US central bank worried about inflation at its last policy meeting, yet failed to raise interest rates in response.   “Many participants expressed the view […]

GOLD PRICES in London’s wholesale market held firm against a rising US Dollar on Wednesday, gaining versus the Euro and British Pound as world stock markets struggled to follow Wall Street higher amid fresh worries over France’s looming presidential election.   Closing at fresh all-time highs last night, New York’s S&P500 index has already reached […]