GOLD PRICES slipped below $1250 per ounce Friday morning in London, erasing the week’s earlier post-Fed gain of 1.6% as world stock markets rose with commodity prices.   Silver held firmer, adding 3.0% for the week but retreating from the week’s second foray above $16 per ounce – a level last seen in October.   […]

GOLD PRICES held yesterday’s sharp 2.7% jump when the US Fed held interest rates unchanged on Thursday, trading towards the highest weekly close in 14 months above $1268 as the Dollar hit its lowest levels since October on the FX market.   Asian stock markets extended Wall Street’s overnight gains, but European equities fell into […]

GOLD PRICES held near 2-week lows beneath $1230 per ounce Wednesday morning as the Dollar rose but equities and government bonds fell ahead of today’s US Fed interest-rate decision.   Munich Re, the second-largest insurance company in Germany, said it has begun vaulting a small quantity of physical cash to avoid the European Central Bank’s […]

GOLD BULLION fell near 2-week lows for US investors overnight Tuesday, hitting $1226 per ounce in Asian trade before rallying $10 as world stock markets fell with commodities following a “no change” decision on negative rates and QE from the Bank of Japan ahead of this week’s US Federal Reserve meeting.   Major government bond […]

GOLD PRICES gave back an $11 gain overnight in Asia and then fell near 1-week lows at $1246 per ounce in London trade Monday as Western stock markets slipped ahead of a raft of central-bank decisions worldwide including Japan, the US and the UK later this week, writes Steffen Grosshauser at BullionVault.   Gold had […]

GOLD INVESTING prices fell $20 from a new 13-month high Friday morning in London, cutting the 1.9% weekly gain touched overnight in China to almost zero as world stock markets rose sharply following yesterday’s news of fresh monetary stimulus for the 19-nation Eurozone – the world’s largest single currency bloc by economic output.   European […]

GOLD PRICES whipped violently with all financial markets Thursday, as the European Central Bank announced yet more aggressive monetary stimulus only to see the single currency jump to 3-week highs against the Dollar as stock markets sank.   Germany’s Dax index turned a near-3% gain into a worse-than-2% loss for the day, while US and […]

GOLD TRADING recovered a $5 per ounce drop in London trade lunchtime Wednesday, with bullion standing at $1255 as Western stock markets rose again ahead of tomorrow’s negative-interest rate and QE decision from the European Central Bank.   Brent crude oil crept back above $40 per barrel for the first time in 3 months, but […]

GOLD PRICES will hold 18% stronger in 2016 than previously thought according to last year’s most accurate forecaster, with weakening global growth and the move to negative interest rates in central-bank policy (NIRP) driving ETF and other gold investment.   Gold edged higher Tuesday morning to come within $2 of Friday’s 13-month high near $1280 […]

GOLD PRICES traded just below $1270 per ounce Monday lunchtime in London, writes Steffen Grosshauser at BullionVault, extending last week’s gain to push the metal 20% higher for 2016 to date as Eurozone stock markets slipped ahead of the European Central Bank’s next decision on negative interest rates, due later this week.   The Dollar […]