GOLD PRICES fell below $1300 per ounce for the first time in 15 weeks in London Tuesday lunchtime, hitting their lowest level since late-June’s UK Brexit referendum as world stock markets rose with bond prices and commodities fell. Silver fell with gold prices, but held 15 cents above its August low of $18.40 per […]
Read MoreGold Prices Trade in Narrow Range while Markets Focus on Easing Deutsche Bank Fears and Pound Slumping Near 3-Decade Low
GOLD PRICES traded sideways on Monday morning in London, despite gaining equities and ebbed concerns about Deutsche Bank, writes Steffen Grosshauser at BullionVault. The metal traded in a narrow range around $1316 per ounce, after it fell to a 1-week low of $1313 last Friday following news that Deutsche Bank was close to reaching a […]
Read MoreGold Prices Trade in Narrow Range while Markets Focus on Easing Deutsche Bank Fears and Pound Slumping to 3-Decade Low
GOLD PRICES traded sideways on Monday morning in London, despite gaining equities and ebbed concerns about Deutsche Bank, writes Steffen Grosshauser at BullionVault. The metal traded in a narrow range around $1316 per ounce, after it fell to a 1-week low of $1313 last Friday following news that Deutsche Bank was close to reaching a […]
Read MoreGold Bullion Halves Weekly Drop as Deutsche Bank Blames 'Rumors, Speculators', China Starts Holiday Week
GOLD BULLION halved the week’s earlier 1.4% losses Friday in London, rising to $1327 per ounce as the rout in Germany financial giant Deutsche Bank’s shares worsened, global stock markets fell back with commodity prices, and China began its week-long National Day holidays. Deutsche Bank’s stock was already 40% down for 2016 before the […]
Read MoreGold Prices Slip Despite India 'Surgical Strikes' in Pakistan as Oil Jumps on Opec Output Deal
GOLD PRICES slipped below $1320 per ounce for the third time in two days Thursday in London, trading 1.1% down for the week so far despite escalating tensions between nuclear powers India and Pakistan as world stock markets rose after the Opec nations meeting in Algiers agreed to curb the oil cartel’s annual output by […]
Read MoreGold Bullion 'Vulnerable' Below $1335 as US Fed & Euro Interest-Rate Policies Challenged
GOLD BULLION held in a tight range Wednesday morning in London, trading $10 below the previous 3 sessions’ floor of $1335 per ounce as European stock markets rose and government bonds eased back ahead of a raft of central banker speeches, including Fed chair Janet Yellen testifying to US lawmakers on financial regulation. European […]
Read MoreGold Mining 'Needs New Discoveries' as M&A Rejected on Bad Memories, 2016 Price Jump
GOLD MINING stocks slipped Tuesday morning in London and bullion dropped to 3-session lows beneath $1333 per ounce as media pundits declared Hillary Clinton the winner of last night’s US presidential debate with Donald Trump. Gold prices in China – the world’s No.1 gold mining, importing and consumer market – held firm overnight, fixing […]
Read MoreGold Prices 'Supported' by Trump-Clinton Debate as Deutsche Bank Sinks, China Risks Grow
GOLD PRICES edged lower on Monday morning in London, while the Dollar reduced earlier losses but world stockmarkets fell hard ahead of tonight’s US presidential debate between the Democrats’ Hillary Clinton and Republican candidate Donald Trump, writes Steffen Grosshauser at BullionVault. Shares in Deutsche Bank touched new quarter-century lows after a weekend magazine report […]
Read MoreGold Bullion 'Testing Downtrend' as Fiscal Deficits, Money Printing Urged by Pundits, Asset-Fund Chief
GOLD BULLION dropped $10 per ounce from yesterday’s 2-week highs on Friday in London, falling to $1333 per ounce before turning higher as global stock markets fell but bond prices rose following this week’s “no change” decision on US rates from the Federal Reserve and the Bank of Japan’s switch to unlimited QE monetary stimulus. […]
Read MoreGold Price Heads for Another $75 Quarterly Gain as Fed Holds Rates, UN Warns of 'Crisis Part 3'
GOLD PRICES held near 2-week highs in London on Thursday, trading at $1335 per ounce as world stock markets rose sharply following the US Federal Reserve’s “no change” decision on interest rates but a new United Nations report warned of a “third phase” in the global financial crisis, with a crash in emerging markets threatening […]
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