By: Adrian Ash, BullionVault London Gold Market Report THE PRICE OF GOLD held in a tight range as London re-opened after the Summer Bank Holiday on Tuesday, slipping $3 an ounce to…
Tag: gold market
Gold Falls with Stocks & Euro as Yen Hits 15-Year High, US Fed Prepares Fresh Quantitative Easing
THE SPOT PRICE of wholesale gold dropped to a 7-session low Tuesday lunchtime in London, as world stock markets fell hard in thin trade and the Japanese Yen reached a new 15-year…
‘Tis But a Scratch!
By: Adrian Ash, BullionVault The bull market in gold is a long way from losing both arms and legs just yet… WHATEVER FORCE you spy behind this week’s swoon in gold prices…
Physical Buying “Supporting Gold” Amid Slow Summer Dealing
By: Adrian Ash, BullionVault THE PRICE OF GOLD gave back an early rally on Monday morning to trade just below Friday’s close of $1190 an ounce amid what one Hong Kong dealer…
Credit Deflation Lands in Britain
By: Adrian Ash, BullionVault Credit deflation just hit the UK for the first time on post-war records… HMMMM…This looks telling. UK banks will soon be able to post raw loans – rather…
Gold Rallies to New 2010-High as Investors Doubt Effectiveness of the Bailout Plan
Comex gold price rallies to a new 2010-high at 1219.4, one more step closer to record high of 1227.5 made in December, as fears over sovereign crisis resurfaces. Moody’s said it may…
Gold Slips, Back “In Thrall” to Investment as Paulson & Co. Reassures Clients
By: Adrian Ash, BullionVault London Gold Market Report BOTH GOLD AND SILVER fell back on Wednesday lunchtime in London, slipping 0.5% and 1.5% respectively as European stock markets dropped almost 1% from…
Cash Futures, Physical Forwards, and London Gold’s “100-to-1 Leverage”
By: Paul Tustain A note on the LBMA, gold futures and forwards, and “100-to-1 leverage” in London’s wholesale gold bullion market… SOME COMMENTATORS are alarmed that the amount of ‘physical’ gold in…
Gold’s Goldman Drop Blamed on Strong Correlations, Chinese Whispers & ETF Exposure
By: Adrian Ash from BullionVault London Gold Market Report THE PRICE OF GOLD bounced from a new two-week low for US investors early in London on Monday, rising 0.7% from beneath $1125…
China Is Gold’s Future
By Frank Holmes U.S. Global Investors CEO and chief investment officer The new report “Gold in the Year of the Tiger” from the World Gold Council (WGC) predicts that gold consumption in…