Latest News

Dollar and Gold Prices Down as Trade War 'Worsens' Amid Iran Sanctions, Fed Rates Decision, US Mid-Terms

GOLD PRICES slipped Monday lunchtime in London as European stock markets held a small gain, shrugging off another day of equity losses in Asia as a busy week began for trade, sanctions and monetary politics, writes Atsuko Whitehouse at BullionVault.    Even as the US Dollar index retreated from last week’s 17-month high against a […]

Read More

Gold Prices Retreat After Worst 1st 9 Months for Demand in a Decade

GOLD PRICES dropped $5 per ounce on news of stronger-than-expected US jobs growth on Friday, heading for the first weekly drop in 5 as world stock markets extended their bounce from October’s slump.   Japan’s Topix index closed 3.9% higher from last Friday and Shanghai’s CSI300 added 3.7% after falling Monday back near October’s 28-month […]

Read More

Gold Prices Rally as Equities Struggle But Weak Dhanteras Demand Follows Q3 ETF Selling

GOLD PRICES rallied back near last week’s closing level for US and Euro investors on Thursday, as major stock markets struggled to extend their 2-day bounce and the UK central bank said business investment is slowing because of Brexit uncertainty.   The MSCI World Index hasn’t risen for 3 days running since mid-September.   With […]

Read More

Gold Halves Oct' Gains, Silver Price -3% After LBMA 2018 Ends in Boston

GOLD and SILVER PRICES fell sharply on Wednesday, erasing half and all of their earlier October gains respectively as world stock markets rallied and precious-metal executives got back to work from the London Bullion Market Association’s 19th annual conference, held this year in Boston.   The US Dollar today hit mid-August highs against the single […]

Read More

Gold Prices Slip as Dollar Hits 17 Month High and Gold ETF Looks to Hold Recent Gains

GOLD PRICES fell on Tuesday morning as the US dollar gained on renewed fears of an intensifying US-China trade war. Bloomberg reported on Monday that the U.S. is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between Presidents Donald Trump and Xi Jinping fail to ease the […]

Read More

Gold Prices Edge Lower as Dollar Firms and European Stocks Rebound after Italy Avoids S&P Rating Cut

GOLD PRICES slipped Monday morning from the previous weeks three-month high as the dollar firmed and European Stocks gained amid mixed Asian markets after the setbacks of last week, writes Atsuko Whitehouse at BullionVault.  Spot gold prices were edging lower at $1,230.53 per ounce Monday lunch time. On Friday, they touched their highest level since 17 […]

Read More

Gold Trading Capped by Fed's 'Insistent' Dollar as China Stimulus Bucks Global Stock Sell-Off

GOLD TRADING in London saw a rising US Dollar curb wholesale bullion prices below $1240 per ounce yet again Friday morning, but the metal added $10 for the week as Asian and European stock markets ignored yesterday’s steep rally on Wall Street to drop for the 13th time in 19 sessions this month.   Shares […]

Read More

Gold Bullion in Euros Rises Fastest Since UK's Brexit Vote as ECB Confirms 'Operation Twist'

GOLD BULLION set or held near new multi-month highs against all major currencies in London trade Thursday, again nearing $1240 for US investors as the Dollar slipped amid fresh volatility in world stock markets.   Asian equities fell hard once again overnight, pulling Tokyo down to 13-month lows, but Shanghai held steady after New York’s […]

Read More

Gold Price -$10 from 3-Month High as Trump Slates 'High-Rates Powell' at the Fed

GOLD PRICES dipped below $1230 per ounce Wednesday in London, retreating over $10 per ounce from yesterday’s new 3-month highs as European stock markets rallied but Wall Street futures pointed lower yet again.   With the S&P500 now down more than 7% from mid-September’s record peak, “To me the Fed is the biggest risk, because […]

Read More

Gold Price Hits Mid-July Highs as China Stimulus 'Fades Fast' and 'Spreadonomics' Hit Italy

GOLD PRICES jumped to their highest Dollar price since mid-July in London trade on Tuesday, hitting $1236 per ounce as world stock markets fell after China’s main index erased most of yesterday’s stimulus-fueled rally.   Gold prices came within 40 cents of $1240 per ounce – adding 6.8% from August’s plunge to start-2017 levels – […]

Read More