By: Adrian Ash, BullionVault When real headwinds blow for the gold price, they’ll blow from the East, not from falling gold ETF sales… SO AFTER The Economist and Harper’s both tried (and…
Tag: gold price
Gold Falls, Debt Ceiling Plan B “Insane”, ECB Hikes But Cheap UK Money “Subsidizes the Foolish”
By: Ben Traynor, BullionVault U.S. DOLLAR gold prices dropped to $1525 an ounce Thursday morning London time – still 2.5% up from where they ended last week – as stocks and commodities…
Dollar Collapse? Euro Crisis? Both, says Gold
By: Adrian Ash and Ben Traynor The gap between gold in dollars vs other currencies has widened… MANY factors determine the gold price – some transient, some more sustained. By far the oldest driver…
Gold Ends H1 Up against US Dollar, Down against Euro, Debt Ceiling Row turns Constitutional
By: Ben Traynor, BullionVault London Gold Market Report THE U.S. DOLLAR spot price of gold bullion slumped to a one-month low of $1489 per ounce Friday morning London time – 5.5% down on May’s…
Gold Holds Steady, “Train Wreck” Greece Could “Give Up” on Cuts, “QE2 Inflation a Success”
By: Ben Traynor, BullionVault London Gold Market Report THE U.S. DOLLAR gold price rose to $1512 an ounce Thursday morning London time – a 0.7% gain on the week so far – before…
Sir Mervyn to Inflation: Grrrrr
By: Adrian Ash, BullionVault “We don’t see that. We don’t see that at present.” – Newly knighted Bank of England governor Mervyn King, speaking to Parliament’s Treasury Committee, Tues 28 June 2011…
Gold and Silver Rise as Greek Politicians Choose Between “Austerity or Dignity”, Safe Haven Buying “Could Easily Shift to Gold”
London Gold Market Report THE PRICE to buy gold rose to $1510 an ounce Wednesday morning London time – a 0.5% gain on the week – while stocks and commodities also gained and US…
Gold Rebounds, Dollar “Looks Strong” Despite Debt Ceiling Deadlock, Eurozone Problems “Will Deepen, Not Ease”
London Gold Market Report U.S. DOLLAR prices for gold bullion rallied Tuesday morning London time, hitting $1503 an ounce – just above last Friday’s closing price – as stocks were mixed and commodities and…
Gold Rebounds after Asia Selloff, Greece Solution “30 Years Away”, Soros Says “Economic Collapse Will Spread”
London Gold Market Report A HEAVY selloff during Asian trading on Monday saw the gold price hit a five-week low of $1492 an ounce – before staging a rally after London opened – while…
Gold Loses 1.3% for the Week, Chinese Inflation “Controllable” But Demand for Gold “Will Get Stronger”
London Gold Market Report THE SPOT PRICE to buy gold traded in a tight range around $1520 an ounce Friday morning London time – 0.5% above its one-month low – having fallen in Asian…