About the Author
Ben Traynor
Editor of Gold News, the analysis and investment research site from world-leading gold ownership service BullionVault, Ben Traynor was formerly editor of the Fleet Street Letter, the UK's longest-running investment letter. A Cambridge economics graduate, he is a professional writer and editor with a specialist interest in monetary economics.
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By Ben Traynor |
May 18, 2012
Wholesale market gold prices climbed as high as $1,594 an ounce during Friday morning's London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing negative ratings decisions.
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By Ben Traynor |
May 15, 2012
Wholesale market gold bullion prices dipped below $1,550 an ounce for the first time since December on Tuesday – a fall of 7% since the start of this month – before regaining some ground by lunchtime in London.
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By Ben Traynor |
May 11, 2012
Wholesale market gold prices touched their lowest level since the first week of January Friday, hitting $1,574 an ounce before recovering some ground, while stocks and commodities fell and US Treasury bonds gained.
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By Ben Traynor |
May 9, 2012
Spot market gold bullion prices fell to their lowest level in four months during Wednesday morning's London trading, hitting $1,581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries gained.
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By Ben Traynor |
May 8, 2012
Wholesale market Gold prices fell to a two-week low of $1,625 per ounce Tuesday morning in London – the first day of London trading since yesterday's bank holiday – as stocks and commodities also fell and the dollar extended recent gains.
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By Ben Traynor |
May 7, 2012
Last Wednesday afternoon's London gold fix, dollar gold prices were $1,648 an ounce. This marked the fortieth trading day in a row that gold fixed between $1,600 and $1,700.
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By Ben Traynor |
May 4, 2012
US dollar gold prices rallied to $1,640 an ounce Friday, following the release of disappointing US nonfarm jobs data, though they remained more than 1% down on last Friday. Silver prices also spiked – touching $30.19 per ounce – but was still 3.4% down on the week.
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By Ben Traynor |
May 1, 2012
Dollar prices for buying gold rallied above $1,670 per ounce for the first time in over two weeks ahead of US trading, while stocks and commodities were broadly flat, with the main European markets except London closed for the May 1 holiday.
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By Ben Traynor |
April 26, 2012
Gold bullion prices hovered around $1,650 per ounce during Thursday morning's London session – slightly higher than where they started the week – while stocks and commodities were also broadly flat as markets digested the latest statements from US policymakers.
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By Ben Traynor |
April 24, 2012
Gold prices rallied to $1,643 per ounce by Tuesday lunchtime in London – 1.2% up on yesterday's low, but still shy of where they closed last week – ahead of tomorrow's Federal Reserve decision and with euro zone concerns focusing on the Netherlands.
