Cheer up! This permanent state of emergency is doing a wonderful nothing to unwind the bubble… SO 2012 will mark the fifth anniversary of the global financial crisis. There’s little reason to…
Tag: gold market
Gold “Could Be Weak but Volatile” to End of Year, “Large Scale Liquidity” Required to Restore Confidence to Markets
London Gold Market Report SPOT MARKET gold prices climbed to $1608 an ounce Tuesday lunchtime in London – a 2.8% gain from last week’s low – while stocks and commodities traded higher, with…
Physical Demand “Will Determine Support for Gold” while Selloff was “Driven by Euro Weakness”
London Gold Market Report WHOLESALE MARKET gold bullion prices rose to $1607 an ounce Monday lunchtime in London – 0.5% up from last Friday’s close – while European stocks and commodities were broadly…
Gold “Remains Under Pressure” as Banks “Forced to Sell Crown Jewels” to Raise Dollars, But Physical Demand for Gold “Responding to Pull Back in Prices”
U.S. DOLLAR gold bullion prices climbed 1% Tuesday morning in London – reaching $1669 per ounce around lunchtime – while stock and commodity markets also regained some ground, despite mounting evidence of…
“Funding Stresses” as Gold Plummets, European Summit Deal “Shows a Lack of Progress”, MF Global Fallout Causes Confusion Over Who Owns Gold Bars
London Gold Market Report SPOT MARKET gold prices dropped to $1670 an ounce Monday lunchtime in London – 2.3% off last week’s closing spot price – while stocks and commodities also fell and…
Gold Nears Weekend 2% Down as UK Quits New European “Fiscal Compact”, Politicians “Expect ECB Action”
London Gold Market Report WHOLESALE MARKET gold prices fell back to this week’s low of $1705 per ounce Friday lunchtime in London, as Asian equities closed sharply lower but Eurozone and US…
Bullion Rises in “Very Thin” Trade as ECB Cuts Rates, €200Bn Central-Bank Loan Rumored Ahead of EU Summit
London Gold Market Report THE WHOLESALE gold and silver price both continued to rise in London on Thursday morning, recovering the week’s earlier losses despite what dealers called “lethargic”, “thin” and “quiet”…
Gold Rallies, Stocks Fall, ECB Borrowing “Positive for European Liquidity”, China “Facing Severe Trade Challenges” Next Year
London Gold Market Report SPOT MARKET gold prices jumped to $1737 an ounce Wednesday afternoon in London, as rumors continued to build of more aggressive monetary stimulus ahead of tomorrow’s European Central Bank…
“Political Volatility” Ahead as Merkel Heads to Paris, Indian Dealers Seeing “Virtually No Demand for Gold” Despite Wedding Season
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…
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…