GOLD PRICES fell Monday morning as the dollar held firm after China’s central bank eased its domestic policy to support the economy amid concerns that an escalating trade dispute with the United States could hurt growth. China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as […]

GOLD PRICES clung to the $1200 level yet again on Friday, heading for a $10 weekly gain as world stock markets fell and long-term US interest rates rose to new 7-year highs.   Ten-year US Treasury bond yields held at 3.20% after data from the Bureau of Labor Statistics said US employers added just 134,000 […]

GOLD TRADING in London saw prices tick higher against all major currencies on Thursday, recovering the $1200 mark for US investors as world stock markets slipped amid fresh geopolitical tensions between the US and China, and Russia and Europe.   “China wants a different American president,” US vice-president Mike Pence will say in a speech […]

GOLD PRICES slipped back from yesterday’s 1.6% short-covering jump on Wednesday, dropping as the Dollar rallied following stronger-than-expected US jobs data. Spot gold retreated $7.50 per ounce to near $1200 yet again after the private-sector ADP estimate said US payrolls expanded by 230,000 in September, almost 25% ahead of Wall Street’s consensus. The gold price […]

GOLD PRICES rose against all major currencies but leapt versus the Euro on Tuesday as the coalition government in Italy refused to cut its 2019 budget deficit plans in defiance of senior European Union figures.   Gold priced in US Dollars rose to 1-week highs above $1202 per ounce, and the UK gold price in […]

GOLD PRICES slipped Monday morning, writes Atsuko Whitehouse at BullionVault, dropping to $1185 per ounce as China’s gold market shut for the week-long National Day holidays and the United States reached a “last minute” trade deal with Canada overnight.   Tokyo’s Nikkei 225 Stock Average rose to its highest close since 1991, but other Asian […]

GOLD PRICES rallied but held on track for the lowest weekly finish since January 2017 in US Dollar terms on Friday, rising only $3 per ounce $1184 as world stock markets fell amid new fears over Italy’s growing public debt.   Silver in contrast spiked to $14.50 per ounce, back near Monday’s 4-week high versus […]

GOLD PRICES fell hard against the Dollar at the start of New York trade on Thursday, dropping further below $1200 than any time so far in September after the Federal Reserve’s latest hike to interest rates was followed by stronger than expected US jobs data.   Last week saw claims for jobless benefits rise less […]

GOLD PRICES fell $5 per ounce from the $1200 level in London trade on Wednesday, slipping ahead of the US Federal Reserve’s September decision, widely expected to take its key interest rate up to a ceiling of 2.25%.   Priced in the single Euro currency gold slipped within €3 per ounce of early September’s 32-month […]

GOLD PRICES edged above last week’s finish at $1200 per ounce Tuesday morning, holding in a tight range yet again as crude oil set fresh 4-year highs and government bond yields ticked up ahead of tomorrow’s interest-rate decision from the US Federal Reserve.   Gold was also little changed for non-Dollar investors, trading at €1020 for […]