GOLD PRICES outran silver for a second day running in London on Tuesday, hitting new 3-month highs in Dollars and also Euros as worries spread of a return of the Greek debt crisis.    Silver failed to match an overnight return to yesterday’s new 12-week highs at $17.76 per ounce, but gold touched $1236 before […]

GOLD PRICES extended last week’s 2.4% gains to reach new 3-month highs on Monday in London, briefly breaking above $1230 per ounce even as the US Dollar rose on the FX market amid news of French presidential candidate Marine Le Pen calling for ‘Frexit’ from the European Union, writes Steffen Grosshauser at BullionVault.   Silver […]

GOLD TRADING in wholesale bullion and ETF trust funds saw global prices rise Friday towards the best weekly close in 12, gaining together with European and New York stock markets as the Dollar retreated following stronger-than-expected US jobs data.   With Wall Street expecting 175,000 net hires across the world’s largest economy for January, the […]

SILVER PRICES hit new 3-month highs and gold rose to the highest in 11 weeks against the Dollar on Thursday as world stock markets stalled near record highs amid news of new US president Donald Trump slamming down the phone on key Pacific ally Australia’s prime minister Malcolm Turnbull.   “He didn’t let diplomatic niceties […]

SILVER and GOLD PRICES retreated from 12- and 1-week highs respectively against the Dollar lunchtime Wednesday in London, falling as the US currency jumped on news of stronger-than-expected job hiring in January.   The private-sector ADP Payrolls report said US employers added 246,000 net jobs last month, well ahead of the 165,000 forecast by analysts. […]

SILVER TRADING in London’s wholesale market saw the metal shoot to an 11-week high at $17.50 per ounce on Tuesday, outpacing gold bullion once again as world stock markets held flat amid headlines that new US president Donald Trump’s chief trade negotiator blames Germany for “exploiting” the weak Euro to boost its exports, fuelling expectations […]

GOLD PRICES bounced but then fell back to 2-week lows against the Dollar lunchtime Friday in London as the US currency shrugged off weaker-than-expected GDP growth data from the world’s No.1 economy.   US gross domestic product grew 1.9% annualized in the fourth quarter of 2016 according to the Bureau of Economic Analysis’ first estimate, […]

GOLD BULLION fell to new 2-week lows in London trade Thursday, as world stock markets pushed higher following the new record close above 20,000 for New York’s Dow Jones Industrial Average.   Rising 26% over the last 12 months, the Dow has accelerated its gains since Donald Trump won November’s election as US president.   […]

GOLD BARS traded in London’s wholesale market dropped near $1200 per ounce on Wednesday, retreating 1.5% from Monday’s new 9-week highs even as the US Dollar fell hard on the forex market while world equity indexes rose sharply. Hitting new 10-week lows against the Chinese Yuan, the Dollar held firm versus the Euro but hit […]

GOLD BULLION retreated from new 2-month highs against the Dollar in London trade Tuesday as the UK Supreme Court confirmed that the British Parliament must vote on the Article 50 trigger for starting Brexit.   Western stock markets rose with commodity prices, and silver bullion prices held little changed at $17.13 per ounce.   The […]