GOLD PRICES touched 9-week highs against a falling Dollar on Monday, rising while world stock markets fell amid fresh concerns over inflation as new US president Donald Trump moved to enact more of his campaign promises on trade and regulation.   Gold prices twice hit $1219 per ounce, the highest since 22 November in Dollar […]

GOLD BULLION headed for a small weekly gain in quiet trade versus most major currencies on Friday, ticking back abover $1200 per ounce against the Dollar as billionaire celebrity businessman Donald Trump prepared to be sworn in as the 44th President of the United States.   World stock markets were also quiet ahead of Trump’s […]

GOLD PRICES rose versus the Euro but fell against the Dollar lunchtime Thursday in London, as Eurozone central-bank chief Draghi urged governments to boost fiscal stimulus and warned that inflation is likely to rise further, but held the 19-nation currency union’s key interest rates unchanged.   Dropping back towards the $1200 per ounce level for […]

GOLD PRICES edged 0.5% lower from yesterday’s new 8-week high versus the Dollar in London trade Wednesday, holding above $1211 per ounce as world stock markets ticked higher and official estimates showed the fastest rate of inflation for US consumer prices since spring 2014.   Rising to 2.1% per year in December, in line with […]

GOLD PRICES hit new 8-week highs at $1218 per ounce on Tuesday as world stock markets fell for a second day but the British Pound surged as UK prime minister Theresa May said Britain “cannot possibly” stay within the European single market when Brexit takes it out of the political European Union.   That defied […]

GOLD PRICES jumped near 8-week highs in wholesale bullion trade Monday as weekend comments from US president-elect Donald Trump about the Nato military alliance caused shock in European capitals, and German politicians rebuked UK threats to slash corporate tax rates if a ‘hard Brexit’ from the European Union sees Britain lose access to the single […]

GOLD BULLION briefly rose back above $1200 per ounce for the second time this week on Friday as world stock markets ticked higher, major government bond prices slipped, and the central bank of world No.11 economy South Korea warned of a sharp slowdown in growth, holding its key lending rate at the record low of […]

GOLD PRICES dipped back below $1200 per ounce as London trading ended on Thursday, easing $7 per ounce from the new 7-week high hit overnight in Asian trade as commodities rose again but New York stockmarkets followed global equities lower following yesterday’s press conference from US president-elect Donald Trump.   “Trump-inspired rally [in stocks] hits […]

GOLD PRICES fell hard from 6-week Dollar highs in London trade Wednesday afternoon, losing over 1% inside 3 hours as New York stock markets opened at new all-time record highs despite a fresh scandal over US intelligence service claims that Russia’s Kremlin interfered to ensure the victory of Donald Trump for the White House.   […]

GOLD BARS traded in the professional wholesale bullion market touched new 5-week highs as London opened for business Tuesday morning, reaching $1187 per ounce as world stock markets slipped again.   Gaining as the US Dollar also rose, gold bullion bars reached 7-week highs at £978 versus the British Pound, which fell hard as fresh […]