GOLD PRICES slipped in a tight $3 range Thursday morning while commodities edged higher, bond prices slipped and global equities held flat overall as the central bank of the 19-nation Eurozone – the world’s largest single currency bloc – kept its asset purchase and negative interest-rate policies unchanged at its June meeting.   Priced in […]

GOLD BULLION retreated twice from a 3-session high of $1220 per ounce on Wednesday, dropping back but holding firmer than world stock markets as new data again showed manufacturing activity contracting in China and slowing in Germany.   The May manufacturing PMI survey from news outlet Caixin and data agency Markit said activity contracted for […]

GOLD PRICE losses of more than 7% for the month of May held in London on Tuesday as trading in the metal’s key Western markets re-opened after the long weekend following ‘hawkish’ comments on US interest rates from Federal Reserve chief Janet Yellen.   “It’s appropriate for the Fed to gradually and cautiously increase our […]

GOLD BULLION rebounded from its lowest level in seven weeks to $1228.90 per ounce in London trade Thursday, writes Atsuko Whitehouse at BullionVault. Brent crude oil meantime climbed above $50 per barrel in early Asian trading – the highest price since November 2015 – following a US report which showed a decline in crude inventories and which also […]

GOLD BULLION rebounded from its lowest level in seven weeks to $1,228.90 per ounce. Brent crude climbed to $50.08 per barrel in early Asian trading – the first time since November 2015. The jump in oil prices followed a Tuesday report which showed a decline in crude inventories and which also helped lift energy and […]

GOLD BULLION slipped through what several analysts and traders called key support at $1243 per ounce in London on Tuesday morning, extending its drop from early May’s 15-month high to almost 5% as world stockmarkets rose.   The Dollar rose to 2-month highs versus the single Euro currency as the Eurozone’s 3rd wealthiest nation, Austria, […]

GOLD PRICES traded in a narrow range Monday morning in London, largely unchanged from last week’s finish at $1252 against the rising US Dollar before slipping close to the 3-week low of $1244 touched after the release of the Fed’s April meeting minutes last Wednesday, writes Steffen Grosshauser at BullionVault. The US Dollar index remained […]

GOLD PRICES traded in a narrow range between $1255 and $1248 per ounce Monday morning in London, largely unchanged from last week’s close of $1252 and close to the 3-week low of $1244 which it touched last week, writes Steffen Grosshauser at BullionVault. The U.S. dollar index remained above 95 against a basket of other […]

GOLD BULLION prices slipped from a morning rally in London trade Friday afternoon, heading into the weekend $10 per ounce above yesterday’s 3-week low as world stock markets rallied from new 6-week lows.   The price of gold bullion still held 1.5% down for the week as the Dollar rose further following Wednesday’s news that […]

GOLD PRICES dropped to their lowest Dollar level in almost 3 weeks on Thursday, as the US currency rose but everything else fell after yesterday’s minutes from April’s Federal Reserve meeting said a June rate-hike looks “likely appropriate”.   World stock markets today followed New York’s sharp drop lower on the news, with betting on […]