GOLD BULLION rose in a tight trading range Wednesday in London, regaining last week’s close of $1325 per ounce after new US data – released before today’s July interest-rate decision from the Federal Reserve – showed orders for fridges, washing machines and other durable goods sinking 4% in June, the worst drop in almost two […]

GOLD PRICES retreated from an overnight rally in London trade Tuesday, dropping back below $1320 and hitting 2-week lows vs the Yen as the Japanese currency soared on speculation that the Bank of Japan won’t unleash extra stimulus in Friday’s policy announcement.   Betting on US interest-rate futures again put the odds of a rise […]

GOLD PRICES slipped 0.4% on Monday in London against the dollar  as world stock markets traded cautiously ahead of the FED and BOJ meetings this week, writes Atsuko Whitehouse at BullionVault. The Nikkei share average climbed at the start but ended flat. FTSE 100 marked near one- year highs before turning negative after the publication of the […]

GOLD PRICES headed for a second weekly fall against the Dollar today, down 1.1% from last Friday’s finish but recovering almost all this week’s 2.1% drop against the Pound as analyst chatter over new QE and ‘helicopter money’ grew after survey data said the UK economy is contracting at the fastest pace since the global […]

GOLD INVESTMENT prices rose from 3-week lows but struggled to hold gains versus major currencies on Thursday as world stock markets retreated from new all-time highs amid news that neither Japan nor the Eurozone plan to add more monetary stimulus for the time being.   Briefly topping $1320 per ounce, €1200 in Euros and £1000 […]

GOLD MINING stocks slipped as bullion prices fell to 3-week lows in London on Wednesday, while broader equities rose globally and the Euro fell ahead of tomorrow’s European Central Bank decision on QE and negative rates for the 19-nation single currency zone.   Gold mining stocks retreated after earnings season began with a raft of […]

GOLD BULLION held firm against a rising US Dollar on Tuesday, bucking a small drop across commodities and global stock markets as claims and counterclaims continued over the weekend’s apparently failed coup attempt in Turkey.   German economic confidence sank on the latest ZEW survey, dropping to its worst level since late 2012 following the […]

GOLD PRICES fell to $1325 per ounce Monday morning in London, retreating as world stock markets edged up to new all-time highs after the weekend’s failed military coup in Turkey, writes Steffen Grosshauser at BullionVault.   Holding above last Thursday’s 2-week low, gold prices traded 0.6% below late Friday’s spike, made as the initial news […]

GOLD and SILVER headed for their first weekly fall in 7 on Friday in London, dropping to $1330 per ounce and $20.20 respectively as world stock markets slipped back.   Rallying 0.6% from yesterday’s 2-week low, gold priced in Dollars was on track Friday to miss matching the 7-week run of gains seen as the […]

GOLD PRICES fell to 2-week lows against all major currencies bar the Japanese Yen in London trade Thursday as the Bank of England surprised the markets by holding UK interest rates and its QE bond-buying scheme unchanged in response to late-June’s Brexit result in the referendum on leaving the European Union.   Falling to $1322 […]