Today’s AM LBMA Gold Price was $1,183.00, €1039.840 and £776.94 per ounce.
Yesterday’s AM LBMA Gold Price was $1,191.25, €1,063.41 and £785.22 per ounce.
Gold in U.S. Dollars – 1 Week
Gold and silver saw small price gains yesterday of 0.1% and 0.24% to $1,191.970 and $16.50 per ounce respectively.
In Asia overnight, Singapore gold prices ticked lower and have flat lined in London trading this morning.
World financial markets were unsettled again today as a week-long sell-off in ‘safe haven’ government bonds, stocks and the dollar and a sharp rally in oil prices showed little sign of relenting.
Nerves were still jangling in Europe and shares and bonds got off to another poor start on fears the recent surge in bond yields, the euro and energy costs could snuff out the only recently-formed hopes of a solid eurozone recovery.
British 10-year gilt yields hit their highest level since November as part of a further wave of heavy sales of sovereign debt on international markets today.