London Gold Market Report SPOT MARKET gold prices traded above $1610 an ounce Tuesday morning in London, slightly below where they started the week, while European markets edged higher following news of better-than-expected…
Tag: precious metals
Gold Looking Set for Weekly Loss Ahead of Nonfarm Release, But Likelihood of Central Bank Action “Still Elevated”
London Gold Market Report U.S. DOLLAR prices quoted for gold bullion on the wholesale market rose to $1596 an ounce during Friday morning’s London trading, recovering some ground following three days of losses,…
Gold Now Flat on a Year Ago
Gold in Dollars just went flat from 12 months ago. But in Euros…? FRIDAY the Thirteenth saw the gold price in Dollars do something it’s managed only 7 times in the last…
Gold Rises But “Keeps Bearish Bias” as Beijing Investment Bucks China Slowdown
London Gold Market Report U.S. DOLLAR prices to buy gold rose to $1586 per ounce Friday morning in London, reversing losses from the previous two days but leaving gold more than 2%…
Loose Policy “Will Mean Strong Demand” for Gold, “No Emergency” in Spain Despite “Contingency Mobilization” of Bailout Funds
London Gold Market Report WHOLESALE prices for gold bullion climbed to $1597 an ounce during Tuesday morning’s trading in London – their highest level so far this week – while stock markets also…
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…
Unscary Reasons to Add Gold
Never mind inflation or credit default. There are plenty of less scary reasons to consider gold investing too… GOLD IS OF COURSE for kooks and weirdos only – those doom-mongers who, bothering…
Gold Subject to “High Emotions in Quiet Market”, Retail Investors Could Lose Out in Spanish Banks Bailout
London Gold Market Report HAVING seen sharp falls during Tuesday’s US trading, gold prices regained some lost ground Wednesday morning, climbing as high as $1583 per ounce, while stocks and commodities were broadly…
“QE3 Probability” Could Boost Gold, No Need for Gold Standard “Until Money Collapses Completely”
London Gold Market Report SPOT MARKET gold prices traded close to $1610 an ounce for most of Tuesday morning in London, after breaking through the $1600 mark during the earlier Asian session. Silver…
Gold “Lacks All Safe Haven Interest” as Commodities Pull Silver Lower, Stocks Fall Ahead of Latest Euro-Crisis Talks
London Gold Market Report WHOLESALE PRICES to buy gold ticked back above $1570 per ounce in London trade Thursday lunchtime, but held onto a 0.5% loss for the session as stock markets…