London Gold Market Report THE DOLLAR gold price fell to $1731 per ounce by Monday lunchtime – 0.8% below where it ended last week – while stocks and commodities edged higher and US…
Tag: Bullionvault
Bank of England Gives “Systemic Crisis” Warning, Germany’s Merkel says Eurozone “Will Take Years” to Solve Debt Problem, South Korea Adds to Gold Reserves
London Gold Market Report U.S.DOLLAR Gold Bullion prices eased back from a week’s high of $1760 an ounce Friday lunchtime in London – straight after the publication of US jobs data – before…
Gift Wrapped Liquidity
Is the ECB about to give Europe’s governments and banks the biggest Christmas present of their lives…? WITH CHRISTMAS a little over three weeks away, the European Central Bank may be about…
Gold/Silver Ratio Jumps, ECB Points to Deflation Risk, as “Low-Growth Outlook” Defies Central-Bank Liquidity Move
London Gold Market Report WHOLESALE PRICES in the gold investing market continued to rise Thursday morning in London, extending yesterday’s 2.8% jump after the world’s biggest central banks offered unlimited short-term loans…
Where Would We Be Without Rules?
“Where would be if we didn’t have rules?” “FRANCE!” “And where would we be if we had too many rules?” “GERMANY!” – UK comedian Al Murray, the (very British) Pub Landlord “The…
Gold Jumps after Central Banks Launch “Prudent” Liquidity Measures, S&P Downgrades “Leave Banks Facing Short-term Funding Concerns”
London Gold Market Report U.S.DOLLAR gold bullion prices leapt 1.7% in 30 minutes Wednesday lunchtime in London – hitting $1744 an ounce – following an announcement of coordinated action from central banks worldwide…
The Money Crisis’ First Blush
“I cannot think of anything which would more surely lead to a danger of all-round deflation than the collapse of international monetary confidence.” – Roy Jenkins, then British chancellor, debate on the…
Gold Slides in “Choppy Conditions”, Euro Falls after “Disastrous” German Bond Auction, Eurobonds “Not the Answer”, says Merkel
London Gold Market Report U.S. DOLLAR gold bullion prices slid to $1685 an ounce Wednesday morning in London – 6.5% down on the November high – having briefly moved back above $1700 a…
Gold Hits 4-Week Low, Sovereign Debt Worries “Could Spur Gold Rally”, but “Much Deeper Correction” Possible if Gold Falls Further
London Gold Market Report U.S. DOLLAR prices to buy gold climbed to $1699 an ounce Tuesday morning London time – though still 1.5% down for the week so far – following yesterday’s sharp drop…
Gold Down along with Stocks, Failure of Congressional Committee “Could Be Negative for US Credit Rating”
London Gold Market Report SPOT MARKET gold prices continued falling Monday morning in London, touching $1701 per ounce – 1.3% down on Friday’s close – as the US Dollar rallied, despite reports of…