GOLD BULLION touched new 4-month lows for US investors on Thursday, dipping through $1143 per ounce but holding dead-flat in Euro terms as the single currency fell amid news of fresh support for Greece from its Eurozone creditors.   The Dollar rose against most major currencies, but US Treasury bond yields were unchanged, as US […]

GOLD PRICES fell together with the Euro single currency on Wednesday, dropping to new 4-month lows for Dollar investors after US data showed a rebound in industrial output and Federal Reserve chair Janet Yellen again signalled her plan to raise interest rates from 0% before year’s end.   US industrial production rose at the fastest […]

GOLD BULLION held in a tight range in Asian and London trade on Tuesday, extending its lowest volatility since last summer as the Dollar rose despite weak US retail sales data, and crude oil hit new 3-month lows after Iran reached a nuclear proliferation deal with the US and other leading nations.   US retail […]

GOLD PRICES fell in London on Monday, coming within $5 per ounce last week’s 4-month lows as world stock markets rose – but commodities dropped with major-government bond prices – following the overnight deal between Athens and its Eurozone creditors over extending Greece’s financial bail-out.   Shanghai’s main stock index closed almost 3% higher, continuing […]

GOLD PRICES fell in London on Friday, nearing a 0.7% loss for the week in Dollars and falling harder against the Euro as China’s stock market extended its bounce from July’s earlier plunge, and European shares rose on optimism a Greek bail-out deal  can be struck at the weekend’s key summits.   Falling to €1035 […]

GOLD BULLION prices rose Thursday against all major currencies, recovering all but $1 of the week’s earlier $20 drop per ounce against the US Dollar as world stock markets gained following a hard bounce in China’s main equity indices.   With trading still halted in around half the shares listed on the Shanghai and Shenzen […]

GOLD PRICES bounced hard from 4-month lows in late London trade Wednesday as the latest rout in Chinese equities – plus fresh proposals from Euro-bankrupt Athens to Greece’s creditors – was followed by a halt to share trading on the New York Stock Exchange due to “technical issues”.   With the S&P 500 index already […]

GOLD BULLION prices sank against a surging US Dollar on Tuesday in London, dropping 1.1% inside two hours as New York’s stock indices followed Europe and Asia lower amid fresh wrangling over Greece’s debt crisis, plus a fresh sell-off in China’s equity markets.   With the Euro currency dropping to 5-week lows against the Dollar […]

GOLD PRICES failed to hold an early 1.7% spike against the Euro in London trade Monday, after the Greek referendum surprised pundits and politicians with a resounding “No” to the austerity and repayment demands of Athens’ international and Eurozone creditors.   Priced in Dollars, gold moved in a $10 range around $1170 per ounce.   […]

BUY GOLD prices in London’s wholesale market edged higher on Friday, as world stock markets fell again ahead of this weekend’s Greek referendum, asking voters whether they accept the terms of a bail-out which Athens’ creditors now say is off the table.   With the New York gold futures market closed for Independence Day, prices […]