GOLD PRICE in US Dollars rose to $1261 per ounce on Tuesday morning as the US Dollar weakens and Asian & European share prices advance while crude oil price is edging back, writes Atsuko Whitehouse at BullionVault. The Dollar index, which measures the U.S. dollar’s value relative to a basket of currencies, is down 0.25% to […]

GOLD PRICES rose slightly on Monday morning in London, as the US Dollar lost earlier gains and European and Asian shares fell, writes Steffen Grosshauser at BullionVault. Gold traded in a narrow range between $1250 and $1256 per ounce on Monday, after it fell nearly 0.6% to a 1-week low of $1246 last Friday and […]

GOLD BULLION dropped through $1250 per ounce for the first time since last week’s 4-month low in London trade Friday lunchtime as the Dollar rose again following better-than-expected US retail sales data.   China’s key gold price had earlier held firm, trading $5 above London quotes for the fourth time since the market returned from […]

GOLD PRICES held right at last week’s closing level in London trade Thursday lunchtime, as Asian and European stock markets extended yesterday’s slip in US equities following publication of minutes from the Federal Reserve’s latest “no change” interest-rate meeting.   Amongst the 7-in-10 voting members backing “no change” on 21 September, “several stated that the […]

GOLD PRICE losses of 0.5% for the week were reversed Wednesday lunc htime in London, with the metal rallying in a tight range as world stock markets extended yesterday’s 1.2% loss in New York.   Silver also rallied from a drop to 3-session lows as the gold price bounced to $1255 per ounce, but the […]

GOLD BULLION erased the last of yesterday’s $10 rally in Asian and London trade Tuesday, drifting back to last week’s 4-month closing low at $1255 per ounce as world stock markets rose with bond prices.   Silver also retreated to last week’s finish, moving in a 20 cent range either side of $17.60 per ounce. […]

GOLD PRICES rose against all major currencies on Monday morning before easing back in London, rallying from a 4-month Dollar low as the US currency slipped but the Chinese Yuan – now part of the International Monetary Fund’s SDR basket – fell hard on China’s return from the Golden Week holidays, writes Steffen Grosshauser at […]

GOLD PRICED in US Dollars rose Friday back above its 200-day moving average – a ‘key’ technical level according to several analysts – after new US jobs data came in weaker than expected.   The US jobless rate rose to 5.0% in September according to the Bureau of Labor Statistics’ non-farm payrolls estimate, up one-tenth […]

GOLD PRICES fell to fresh 15-week lows at $1260 per ounce Thursday afternoon in London, trading over 4% down from last weekend as European stock markets slipped for the second day running.    Silver also gave back an overnight rally, dropping below $17.60 to trade almost 8% down for the week so far.   Crude […]

GOLD PRICES set new 15-week lows for Dollar, Euro and Yen investors on Wednesday, extending yesterday’s 3% plunge to touch $1267 per ounce as world stock markets fell for a second session running after a US Fed member said interest rates should be higher, and the European Central Bank tried to dampen speculation that it […]