GOLD PRICES fell below $1230 per ounce in London trade Tuesday morning, losing 1% from last week’s finish as US traders returned from the President’s Day holiday focused on how Donald Trump and rising inflation could see the Federal Reserve raise interest rates again as early as March.   Asian and European stock markets edged […]

GOLD PRICES held steady in quiet trade Monday lunchtime in London, with Wall Street on holiday for President’s Day and investors waiting for speeches this week from five Fed officials on the possible timing of US interest rate hikes, writes Steffen Grosshauser at BullionVault.   Gold oscillated in a narrow $8 range around last Friday’s […]

BUY GOLD prices in the wholesale ‘spot’ market held above $1240 per ounce in London trade Friday morning, heading for their highest weekly close since Donald Trump won the US presidency in November as world stock markets fell further from yesterday’s new all-time highs.   Commodities fell again, but silver held firm alongside prices to […]

SILVER BULLION outpaced gold prices yet again on Thursday morning in London, touching what analysts called “strong resistance” at $18.13 per ounce as world stock markets retreated from new all-time highs.   Gold set a 1-week high at $1239 per ounce, but silver bullion recorded its first London benchmarking above $18 since mid-November, immediately after […]

GOLD INVESTMENT prices sank to 2-week lows Wednesday lunchtime in London as new data showed the US cost of living rising at its fastest pace in 5 years as Donald Trump became president last month.   The official Consumer Price Index jumped 2.6% last month from January 2016, the strongest annual inflation since March 2012. […]

GOLD MINING stocks rose with bullion prices in London trade Tuesday, gaining as the 19-nation Eurozone reported weaker-than-forecast GDP growth but the United States’ latest inflation data beat expectations.   Economic growth in the single-currency Eurozone slowed at the end of 2016 to 1.7%, the Eurostat agency said this morning, outpaced by the wider European […]

GOLD PRICES fell on Monday morning in London while the US Dollar strengthened against the Yen after a smooth meeting between US President Donald Trump and Japanese Prime Minister Shinzo Abe last weekend, writes  Steffen Grosshauser  at BullionVault.  The Dollar hit a 2-week high against the Japanese Yen, although no currency issues were discussed during […]

GOLD INVESTING prices bounced to $1227 per ounce in London trade Friday lunchtime, regaining a quarter of their sharp Dollar losses after President Trump promised a “phenomenal” cut to business tax rates by the end of this month.   The Dollar rose Friday to a new February high versus the Euro on the forex market, […]

GOLD BULLION held around $1240 per ounce in London trade Thursday, retaining its 3-month high as commodity markets pushed towards new 18-month records.   With energy costs already driving up headline inflation rates worldwide, Brent crude oil today rose above $55 per barrel as Nymex natural gas contracts traded 90% above their price of this […]

GOLD PRICES rose to $1240 per ounce in London on Wednesday, regaining almost half of their post-US election slump as Euro stock markets slipped and government bond prices rose amid fresh fears over the currency union’s 2017 political outlook.   With France’s establishment presidential candidate François Fillon urging voters to reject anti-Euro “disunity” contender Marine Le […]