GOLD PRICES rose to $1240 per ounce in London trade Tuesday, challenging 4-month highs even as the US Dollar rose amid a retreat in ‘risk’ assets led by equities.   Silver rose to 4-week highs above $14.60 and palladium jumped to $1232 per ounce – a new record high in Dollar terms and nearing parity […]

GOLD PRICES jumped on Monday as the US Dollar retreated on news of a “ceasefire” in the US-China trade war, agreed at this weekend’s G20 summit of world leaders in Argentina, writes Atsuko Whitehouse at BullionVault.   World stock markets also jumped, as did commodities, with crude oil adding over 5%.   After last month’s […]

GOLD PRICES slipped on Friday in London, heading for a small weekly loss against the US Dollar and the Euro as world stock markets trimmed their earlier 2.8% rally from last weekend.   Geopolitical headlines meantime focused on the G20 meeting of major-economy political leaders in Buenos Aires, where US President Donald Trump is scheduled […]

GOLD PRICES held onto last night’s $15 jump Thursday afternoon in London, more than erasing this week’s prior 1.0% loss after Federal Reserve chairman Jerome Powell hinted that the US central bank may be about to finish its interest-rate rises.    Trading at $1228 per ounce, gold was outpaced by silver – up 0.6% for […]

GOLD PRICES held yesterday’s $10 drop on Wednesday, trading at $1214 per ounce against a strong US Dollar after Federal Reserve vice-chair Richard Clarida said his “base case” for 2019 sees a strong economy with a “robust” jobs market.   Also seeing inflation around 2%, Clarida’s outlook would meet the Fed’s dual mandate for growth […]

GOLD PRICES held unchanged against a rising US Dollar on Tuesday, edging higher for UK and European investors as Brexit and Italy’s budget deficit again led the headlines.   With gold prices trading at last week’s finish of $1223 per ounce, China and European stock markets meantime fell after US President Trump told the Wall […]

GOLD PRICES opened the week $5 higher on Monday morning as global stock markets rebounded with oil prices after last week’s ‘Black Friday’ plunge, writes Atsuko Whitehouse at BullionVault.   Oil prices clawed back 2% after dropping 8%, taking Europe’s benchmark Brent crude back up to $60 per barrel – a 13-month low when hit […]

GOLD and SILVER prices held near 2-week highs against most major currencies on Thursday but platinum slipped back, trading down to $847 per ounce as European stock markets erased yesterday’s rally to fall back towards 2-year lows.   With gold prices at $1228 as US markets stayed shut for Thanksgiving, bullion in Euro terms held […]

GOLD PRICES rose near 2-week highs above $1225 in London trade Wednesday, adding $5 per ounce as the US Dollar slipped against other major currencies and European stock markets rallied from the latest slump in global equities.   White House advisor Kevin Hassett said overnight the US may push for China to be expelled from […]

GOLD PRICES rose to 2-week highs for Dollar and Euro investors on Tuesday and reached new November highs in terms of the British Pound as global stock markets fell sharply, extending yesterday’s 1.7% loss on Wall Street.   Reaching near $1229 per ounce, gold then eased back $5 as the Dollar rallied, keeping the Euro […]