GOLD PRICES edged higher on Monday morning in London, writes Steffen Grosshauser at BullionVault, holding close to a 7-session high at $1107 per ounce as a rebound in Asian stockmarkets faded in European and pre-US trade ahead of this week’s decision on Dollar interest rates from the Federal Reserve.   “If gold can stay above […]

GOLD PRICES retreated against all major currencies Friday in London, cutting the week’s gain versus the US Dollar to barely 0.5% as world stock markets rallied hard and crude oil extended its bounce from Wednesday’s new 12-year lows to more than 17%.   “Price is forcing supply to respond,” writes investment bank and bullion dealer […]

GOLD BULLION held in a $4 range either side of $1100 per ounce in London on Thursday, trading 1% below yesterday’s one-week highs as China’s stock market slumped once again, but European share steadied ahead of the Eurozone central bank’s latest comment on QE and sub-zero interest rates.   Keeping its main refinancing rate at […]

GOLD BULLION rose against all major currencies Wednesday morning in London, trading above $1100 per ounce for the time in 7 sessions as world stock markets, industrial commodities, corporate bonds and non-US currencies all sank yet again.   Tracking New York’s late turnaround yesterday, Asian stock markets sank by 3%, with European equities losing the […]

GOLD PRICES slipped 0.5% from last week’s finish as New York traders prepared to return from the long Martin Luther King weekend Tuesday, slipping to $1084 per ounce as world stock markets rose – and crude oil bounced 5% from new 12-year lows – despite the weakest official GDP data from China in a quarter-century. […]

GOLD PRICES started the trading week edging above $1090 per ounce on Monday morning in London, while Asian stocks outside China slipped to their lowest level since 2011 and Brent crude fell to new 11-year lows beneath $28 a barrel as Iran prepared to export more oil following the end of Western sanctions over its […]

GOLD INVESTMENT prices held a 1.3% rally from yesterday’s drop near 2016’s starting level in London on Friday, as crude oil sank to 11-year lows beneath $30 per barrel and world stock markets slumped again, led by China once more.    Gold priced in Dollars cut the week’s investment loss to 1.8% at $1084 per […]

GOLD PRICES again fell below $1090 per ounce in London trade Thursday, heading for a 1.7% loss from last Friday’s 10-week closing high as European stock markets fell hard and crude oil whipped around $30 per barrel – its lowest price since April 2004.   2016 gold prices will average $970 per ounce, says Bernard […]

GOLD BULLION fell to 1-week lows in London on Wednesday, more than halving last week’s strong rise to trade below $1080 per ounce as Western stock markets rose – and commodity prices stabilized – following better than expected Chinese trade data.   With the Yuan falling hard towards half-decade lows against the Dollar on the […]

GOLD PRICES fell to 4-session lows lunchtime Tuesday in London, erasing two-fifths of last week’s 4.1% gain to trade at $1085 per ounce as China’s stockmarket held steady for only the fourth time so far this year, and European stock markets jumped over 2% for the day.   With US corporates set to begin their […]