GOLD PRICES edged lower on Monday even as US-China trade tensions failed to improve at a key summit, while longer-term interest rates edged higher amid rumors the US Federal Reserve may end its monetary tightening sooner than expected, writes Atsuko Whitehouse at BullionVault.   World stock markets pushed up 0.3% but crude oil slipped with […]

GOLD PRICES rose against a falling US Dollar on Friday, halving last week’s 1.9% drop to trade back above $1220 per ounce as Western stock markets fell and crude oil rallied from this month’s 17% plunge so far.   Gold priced in the British Pound meantime re-touched £950 for a second day running, adding 2.0% […]

GOLD TRADING saw bullion prices hold little changed against a rising US Dollar on Thursday as Western stock markets fell again and the British Pound sank following a raft of resignations from UK prime minister Theresa May’s government over her draft EU withdrawal deal.   Now needing to put the deal before Parliament in London, […]

GOLD PRICES slipped back below $1200 for the second session running in London on Wednesday, retreating $2 towards fresh 5-week lows as the Dollar rose,    Asian stock markets fell again but Europe steadied for a second day running as the UK government met to debate Prime Minister Theresa May’s 500-page Brexit deal with Brussels […]

GOLD PRICES rallied from their first dip below $1200 per ounce in 5 weeks Tuesday in London as Italy faced down the EU over its 2019 deficit, Brexit dominated UK headlines, and US President Trump said France needs to pay more into the Nato military alliance.   Crude oil fell yet again, and Asian stock […]

GOLD PRICES edged lower on Monday as the US Dollar hit 16-month highs on the currency market amid fresh concerns over UK Brexit turmoil and Italy’s yawning budget deficit, writes Atsuko Whitehouse at BulllionVault.   Crude oil meantime bounced 1.5% from its 10-day slump after Saudi Arabia said it’s considering a steep output cut for […]

GOLD INVESTING prices erased the last 3 weeks’ gains versus a rising US Dollar on Friday in London as world stock markets also fell, following Wall Street lower after the Federal Reserve confirmed it plans to hike Dollar interest rates next month.   Dropping to $1212 per ounce – nearly 2.5% below late-October’s 3-month high […]

GOLD PRICES drifted lower for the fourth session running on Thursday, touching 1-week lows at $1222 per ounce in London ahead of today’s interest-rate decision from the US Federal Reserve – widely expected to leave policy unchanged.   The Dollar itself eased back on the FX market, helping cut the gold price in Euro terms […]

GOLD PRICES held little changed after yesterday’s drop on Wednesday as the US mid-term election results split power in Washington and new data said China’s huge foreign exchange reserves shrank to an 18-month low in October.   While the Republicans grew their majority in the Senate, the Democrats retook control of the House –  a […]

GOLD BULLION slipped against a weakening US Dollar in London trade Tuesday, falling harder for Euro investors ahead of the US mid-term election results as news reports from India confirmed poor festive demand for Dhanteras at the No.2 consumer nation’s jewelry stores.   Priced in the Dollar gold bullion edged back down to $1228 as […]