GOLD PRICES tracked lower to $1272 per ounce on Wednesday morning in London, while markets waited for US central bank the Federal Reserve’s latest FOMC meeting minutes to be released, writes Steffen Grosshauser at BullionVault. Yesterday’s stronger US economic data were followed by comments from both the Atlanta and San Francisco Fed presidents that at […]

GOLD PRICES tracked lower to $1272 per ounce on Wednesday morning in London, while markets were waiting for the Federal Open Market Committee (FOMC) meeting minutes to be released later today, writes Steffen Grosshauser at BullionVault. Investors were hoping for further information about the timing of the next interest rates hike. Strong U.S. economic data […]

GOLD INVESTMENT prices slipped to 3-session lows beneath $1270 per ounce in London trade Tuesday, retreating 1.4% from yesterday’s 1-week high as Western equities failed to follow China’s stock market higher.   Silver also erased Monday’s pop higher, trading unchanged in Dollar terms from the end of last week at $17.13 per ounce.   “Major […]

GOLD PRICES rose to 1-week highs in London bullion trade Monday, touching $1288 per ounce as China’s stock markets held flat overall but New York equities pointed lower with UK shares as half of Europe stayed shut for the Whit Monday holiday.   Silver just outpaced the rise in gold prices, gaining 1.2% from the […]

GOLD INVESTMENT prices held in a $10 range Friday morning in London, trading at $1271 per ounce as the New York opening approached and European stock markets erased earlier losses once again.   Heading for a 1.3% week on week drop against the Dollar, gold bullion fared better against all other major currencies except the […]

GOLD DEMAND and supply through London trade saw prices pop 0.6% higher lunchtime Thursday, rising to $1273 per ounce after new data showed US jobless benefits claims rising more than expected last week.   Asian and European stocks markets meantime recovered earlier losses after New York closed lower overnight, while US government bond prices edged […]

GOLD DEMAND and supply through London trade saw prices pop 0.6% higher lunchtime Thursday, rising to $1273 per ounce after new data showed US jobless benefits claims rising more than expected last week.   Asian and European stocks markets meantime recovered earlier losses after New York closed lower overnight, while US government bond prices edged […]

GOLD PRICES rallied $15 per ounce from a new 2-week low of $1257 in London on Wednesday morning, as major government bond prices rose, edging interest rates down, while European stock markets slipped. Energy prices fell, but base metals rose again, and silver tracked gold prices higher to reach $17.32 per ounce – only 1% […]

GOLD PRICES touched a near 2-week low versus the Dollar overnight Tuesday, rallying in London trade but holding most of yesterday’s sharp $30 per ounce drop as US interest rates ticked higher again in the bond market and Western stock market erased early strong gains.   The Euro also touched its lowest Dollar value so […]

GOLD PRICES fell through $1270 per ounce for the first time in 5 trading sessions in London on Monday, retreating as the Dollar rallied on the FX market following Friday’s weaker than expected US jobs data, writes Steffen Grosshauser at BullionVault.   After the official non-farm payrolls report said the US economy added the fewest […]