“If you believe in Gold as a consumer price inflation hedge then…” By Elliott Wave International Back in the days of the Roman Empire, an ounce of gold could buy a Roman…
Tag: gold market
Indian Gold Demand “Surprisingly” Absent as “Bearish Trend” Remains
London Gold Market Report U.S. DOLLAR gold prices traded just above $1700 an ounce throughout Friday morning in London, following an overnight reversal of yesterday’s rally, while European stock markets traded lower this…
Big Jump in London Gold Trading
Wholesale gold trading through London’s global center just leapt towards summer 2011’s records… GOLD TRADING in London – heart of the world’s wholesale bullion market – leapt in September. How come? “The…
So, Who’s Been Bidding Gold Higher?
A unique, innovative tool for seeing just what private investors are doing in gold… GOLD was up, up and away in September. But who was doing the buying? New data we released…
Gold Hovers After Touching New Highs, Gold Allocation “Part of Diversified Portfolio” says Pimco
London Gold Market Report WHOLESALE gold prices hovered in a tight range just below $1780 an ounce for most of Tuesday morning in London, just below a new 2012 spot market high touched…
Gold ETFs Set New Record, Bullion Prices “Should Break Higher After Consolidation Period”
London Gold Market Report SPOT MARKET gold bullion prices traded around $1765 an ounce Tuesday morning in London, 1.8% off last Friday’s seven-month high. “It looks to me like we’ve got a short…
Gold as an Inflation Hedge
Today’s AM fix was USD 1,594.50, EUR 1,293.29 and GBP 1,026 per ounce. Monday’s AM fix was USD 1,581, EUR 1,287.15 and GBP 1,020.66 per ounce. Gold closed at $1,587.80/oz in New…
FOMC “Influencing Gold More Than Eurozone”, Extending Operation Twist “May Not Be Sufficient”, Spanish Borrowing Costs Soar
London Gold Market Report THE U.S. DOLLAR gold price hovered around $1630 an ounce during Tuesday morning’s trading in London – in line with where it ended last week – while stocks and…
Gold “Struggling for Momentum” But “Still Respecting Long Term Uptrend”, Investment Demand Insufficient to Compensate for Current Slow Physical Market
SPOT MARKET gold prices jumped to $1669 per ounce ahead of Monday’s US trading, broadly in line with where they ended last week, though they remained below the Asian session peak touched briefly…
Gold Climbs Above 200-day Average, Bernanke “Dovish Again” while Eurozone “Still Insolvent”
London Gold Market Report THE SPOT MARKET gold price traded just below $1700 an ounce for most of Tuesday morning in London – over 4% up on its low last week – before…