GOLD PRICES fell to 15-week lows in London trade Thursday, briefly slipping near $1160 per ounce as world stock markets dropped, the Greek government was challenged over the validity of this coming weekend’s ‘austerity’ referendum, and new data showed the US jobs market slowing in June.   Major government bond prices fell outside the US […]

GOLD BULLION slipped in London trade Wednesday, dipping near 4-week lows as the Dollar rose following strong US jobs data and European stock markets rallied amid fresh “concessions” by Athens in seeking a new bail-out program from its Eurozone and IMF creditors.   The June report from private-sector payrolls service ADP said the US economy […]

GOLD PRICES fell Tuesday lunchtime in London, dropping to $1170 and losing 1.5% from yesterday’s brief 4-session high as stock markets recovered and energy prices steadied as Athens formally requested a third Eurozone bail-out, specifically asking for a reduction in Greece’s outstanding debt. The Euro held flat with last week’s level around $1.12 on the […]

GOLD PRICES fell Tuesday lunchtime in London, dropping to $1170 and losing 1.5% from yesterday’s brief 4-session high as stock markets recovered and energy prices steadied amid fresh wrangling between Athens and its creditors over the bail-out terms being put to a referendum this weekend. The Euro held flat with last week’s level around $1.12 […]

GOLD INVESTING prices erased an earlier 1.1% spike against the Dollar and gave back a 2.8% jump against the Euro in London on Monday, flat-lining for the day as a whole as world stock markets sank following the weekend’s news of capital controls and emergency bank holidays in Greece.   “Greece unilaterally broke off talks,” […]

GOLD PRICES fell near 3-week Dollar lows Friday as the US currency rose following the strongest reading of consumer sentiment in 11 years on the Reuters/Michigan survey.   China’s main stock market meantime closed 7.4% down on the day, and some 18% down from a fortnight ago, as more brokerage houses tightened their margin trading […]

GOLD MARKET prices in wholesale London trade slipped near yesterday’s 2-week lows on Thursday, edging down after a quiet session in China despite fresh wrangling in Europe over Greece’s worsening debt crisis.   Administered for the London Bullion Market Association, Thursday morning’s Gold Price benchmark was found at $1174.60 per ounce – the lowest AM […]

GOLD PRICES fell hard against a rising Dollar in London trade Wednesday, but held dead-flat for Euro traders as a resolution to the latest Greek debt crisis was thrown into doubt.   The US currency rose on the forex market after new data showed the US economy shrinking only 0.2% per year in the first […]

GOLD INVESTMENT prices fell against a rising Dollar on Tuesday in London, as attention switched from the latest resolution of the Greek debt crisis to the US Federal Reserve’s planned interest rate hike in September.   World stock markets extended yesterday’s gains, as details of Athens’ proposals to Greece’s Eurozone and IMF creditors showed the […]

GOLD PRICES erased two-thirds of last week’s 1.5% jump against a rising US Dollar on Monday, dropping back from $1200 per ounce as Eurozone stock markets held strong gains amid hopes of a quick deal at the latest emergency summit on Greece’s debt crisis.   Five years after the first such summit, “We are approaching […]