By: Adrian Ash, BullionVault London Gold Market Report THE PRICE OF GOLD retreated from an overnight rally to $1360 an ounce in London on Tuesday lunchtime, slipping back as European stock markets…
Tag: gold price
Gold Rallies, Dollar-Correlation Eyed as Irish & Greek Bonds Hit by Deficit Fears Ahead of Diwali and US QEII
By: Adrian Ash, BullionVault London Gold Market Report INTERNATIONAL WHOLESALE prices for gold bullion rallied almost 1% from yesterday’s four-session low in London on Thursday, reaching $1333.50 per ounce as European stock…
Gold Slips on “Cautious” QEII Report, Silver Spike Fades After “Manipulation” Statement
By: Adrian Ash, BullionVault London Gold Market Report THE PRICE OF GOLD slipped back to last week’s finish below $1330 an ounce in London on Wednesday, as the US Dollar rallied after…
Gold in a Low-Inflation Environment, Part II
By: Adrian Ash, BullionVault “There is too little money in the economy.” – Bank of England governor Mervyn King, 19 October 2010 SO the FEDERAL RESERVE is dead-set on creating inflation, and…
Gold & Silver Rally Hard as “Buyers Pour In” After G20 Fails to Name Cause of US Dollar’s Weakness
By: Adrian Ash, BullionVault London Gold Market Report THE PRICE OF PHYSICAL gold bullion rallied 1.2% against the Dollar and 0.8% against the Euro in Asian and early London trade on Monday,…
Be Careful What Geithner Wishes For
By: Adrian Ash, BullionVault “There are more tears shed over answered prayers than over unanswered prayers…” – Teresa of Ávila, patron saint of headache sufferers IT’S FIVE YEARS and $1.7 trillion of…
Gold “Choppy, Indecisive” as US Targets “Undervalued” Yuan, QEII Threat Makes British Pound “A Sell”
By: Adrian Ash, BullionVault London Gold Market Report THE PRICE OF BOTH gold and silver was little changed against the US Dollar by Thursday lunchtime in London, evening out amid “a very…
Gold in a Low-Inflation Environment, Part I
By: Adrian Ash, BullionVault Why this really isn’t the early ’80s recession replayed… WHATEVER the problem is, a lack of money it ain’t. Just so we’re clear. Quite how more money might…
Gold & Silver Rally with Stocks as QEII and “Currency Crisis” Makes Buying Bullion “Understandable” Says The Economist
By: Adrian Ash, BullionVault London Gold Market Report THE PRICE OF GOLD and silver rallied towards Friday’s record-high closing levels in London on Tuesday lunchtime, bouncing after world stock markets and commodities…
Gold’s Big Countdown vs. the Big Four Currencies
By: Adrian Ash, BullionVault Over the last four quarters, the stand-out losers against gold have been the world’s top four reserve currencies… The UPSHOT from last week’s London Bullion Market Association conference…