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.
-
By Ben Traynor |
May 15, 2013
The world's biggest gold exchange traded fund SPDR Gold Trust could lose up to a further four million ounces (almost 125 tonnes) to add to the nearly 300 tonnes it has lost through redemptions since the start of the year.
-
By Ben Traynor |
May 14, 2013
"Due to U.S. dollar strength and record levels in European shares, gold has been losing its 'safe haven' appeal in recent days," says a note from German-based refinery group Heraeus.
-
By Ben Traynor |
May 13, 2013
India's central bank confirmed proposed restrictions on gold imports that one refiner said could lead to gold imports falling by half this year.
-
By Ben Traynor |
May 10, 2013
Spot market gold bullion prices fell to two-week lows Friday, drifting lower toward $1,440 an ounce during this morning's London session before dropping sharply through that level, as stocks gained and most commodities fell as the Dollar strengthened against major currencies.
-
By Ben Traynor |
May 8, 2013
Wholesale market prices for buying gold climbed back above $1,460 an ounce during Wednesday morning's London trading, in line with its range over the last week, as stocks gained.
-
By Ben Traynor |
May 7, 2013
Gold exchange traded funds saw their twelfth straight week of outflows last week, implying ongoing selling of their shares by investors. The largest gold ETF, SPDR Gold Trust, saw its total gold holdings fall to a 44-month low
-
By Ben Traynor |
May 3, 2013
Over in India, traditionally the world's biggest gold buying nation, the central bank today proposed new restrictions on gold bullion imports as part of its annual monetary policy statement.
-
By Ben Traynor |
May 2, 2013
The spec net long is viewed by many as a useful gauge of how bullish or bearish the market is. If the spec net long goes up, the implication is that speculators are growing more bullish. If it goes down, they're getting less so.
-
By Ben Traynor |
May 1, 2013
Wholesale prices for gold bullion drifted lower Wednesday morning in London, dipping below $1,470 an ounce, although it remained slightly up on where it started the week.
-
By Ben Traynor |
April 30, 2013
Following a dip during Asian trading, the gold price climbed back above $1,470 per ounce Tuesday morning in London, broadly in line with where it was a day earlier, with China's markets shut for this week's Labor Day holiday.