GOLD PRICES jumped on Monday to $1180 per ounce – the 2013 crash low – reaching new 3-month highs as world stock markets sank over 2% to mark the start of the Chinese New Year, writes Steffen Grosshauser at BullionVault.   With China and many regional Asian markets closed for the week-long New Year’s holiday, […]

GOLD INVESTING prices took their sharpest dive in a week Friday lunchtime in London, dropping $15 per ounce from new 3-month highs as the Dollar rallied – and bond yields rose – despite the weakest reading on US jobs creation since September.   Prices held on track for a third weekly gain however, the longest […]

GOLD PRICES jumped to new 3-month highs near $1150 per ounce Thursday lunchtime in London, adding more than $30 for the week so far – but holding little changed for non-US Dollar investors – after ETF trust funds added yet more bullion.   The biggest silver ETF, in contrast, shrank yet again Wednesday, with the iShares Silver Trust (NYSEArca:SLV) […]

GOLD BULLION sat tight just below last week’s new 3-month highs in London trade Wednesday morning, holding near $1130 per ounce as new data showed China’s world-leading gold mining output failing to rise for the first time in 16 years.   World stock markets fell yet again, but crude oil bounced from yesterday’s drop below […]

GOLD BARS priced for London settlement – the wholesale market’s standard terms – slipped back from new 3-month highs Tuesday morning, trading down from $1130 per ounce as stock markets fell yet again worldwide with crude oil and commodity prices.   Only Shanghai bucked the drop in global equities after the People’s Bank injected $15 […]

GOLD PRICES traded up to $1122 per ounce Monday morning in London, adding $4 from Friday’s close as world stockmarkets fell after China’s manufacturing sector showed its worst decline in 3.5 years.   Already gaining 5.4% versus the Dollar in January – the biggest monthly jump in a year – gold has so far risen […]

GOLD PRICES headed for their best monthly rise in a year on Friday, slipping back to $1110 per ounce as world stock markets gained, but trading 4.6% higher from the start of 2016.   Gold’s best monthly gain in Dollar terms since January 2015, that contrasts with the 7.4% drop in US equities – the […]

SILVER PRICES sank almost over 80 cents at Thursday lunchtime’s London benchmarking, hitting the lowest level in 7 years – while gold prices and Comex silver futures contracts held almost unchanged near multi-month highs – thanks to what some traders called the unintended consequences of regulatory compliance by banks and brokerages.   Modelled on the century-old […]

GOLD and SILVER recovered Wednesday in London from an overnight dip, rising as the Dollar slipped ahead of today’s Federal Reserve decision on US interest rates – the first since it finally raised the floor from 0% to 0.25% after 7 years last month.   China’s stockmarket had earlier lost another 0.5% after new data […]

GOLD BULLION started London trade at a 12-week high against the US Dollar on Tuesday, rising 1.8% for the week so far as Asian stock markets slumped once more with commodity prices.   As gold hit $1117 per ounce ahead of tomorrow’s interest-rate decision from the US Fed, silver touched its highest level since early […]