GOLD TRADING in London saw prices rally but fail to reach yesterday’s 1-week high at $1240 per ounce against a rising US Dollar on Friday, while Western stock markets fell yet again with commodities as the European Union failed to find common ground on its migrant crisis or the looming Brexit referendum in the UK.  […]

GOLD INVESTING prices held above $1200 per ounce Thursday morning as European stockmarket rose but London share prices fell amid the start of UK negotiations with the EU to avoid ‘Brexit’, and the US Dollar rose to 2-week highs against the single Euro currency.   UK prime minister David Cameron was due to meet EU […]

GOLD BULLION dipped below $1200 per ounce for the second day running in Asian trade Wednesday, with dealers reporting weak demand from major consumer nation India ahead of this month’s government Budget, before rallying to $1207 by lunchtime in London.   Western stock markets jumped 2%, crude oil rallied another 3%, and the US Dollar […]

GOLD BULLION rallied 2.0% from an overnight drop to $1190 per ounce in London on Tuesday, rising back to $1215 as European stock markets lost earlier gains.   Commodity markets stalled after Monday’s 4.7% bounce on the S&P GSCI index, while the Euro rallied from yesterday’s sudden 1-week low to the Dollar.   Shanghai’s main […]

GOLD PRICES fell for a second session on Monday morning in London, dropping to $1210 per ounce after Chinese markets reopened following the week-long Lunar New Year holiday and European equities rebounded sharply, writes Steffen Grosshauser at BullionVault.   Coming after the weekly biggest gain in more than seven years, gold prices were set for […]

GOLD PRICES fell for a second session on Monday morning in London, dropping to $1210 per ounce after Chinese markets reopened following the week-long Lunar New Year holiday and European equities rebounded sharply, writes Steffen Grosshauser at BullionVault.   Coming after the weekly biggest gain in more than seven years, gold prices were set for […]

GOLD BULLION retreated 2.5% from yesterday’s sudden 12-month highs above $1260 per ounce in Asia and London on Friday, curbing its strongest weekly surge since December 2008 as European stock markets rallied from their worst-ever start to a year.   “The extraordinary run up in gold prices over the last few days,” says bullion analyst […]

GOLD PRICES shot higher yet again Thursday, surging 4.1% to hit 12-month highs near $1250 per ounce as world stock markets fell hard yet again, and the US Dollar hit fresh multi-month lows on the FX market following Fed chair Yellen’s comments on delaying further interest-rate hikes.   Hong Kong’s first trading day of the […]

GOLD BULLION failed to rise above yesterday’s lowest prices for the first time in February on Wednesday morning in London, trading 1.5% beneath Monday’s 7-month high of $1200 per ounce ahead of US Federal Reserve chief Janet Yellen giving semi-annual testimony to Congress.   With the Fed chair expected to express “caution” about raising US […]

GOLD PRICES recovered most of a 1.1% overnight drop from yesterday’s 8-month high of $1200 per ounce in London trade Tuesday, rising back to $1198 as European stock markets slumped again, and the Dollar fell on the FX market, following a 5% plunge in Japanese equities.   China and most of Asia remained shut for […]