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By Adrian Ash |
June 5, 2013
Gold bullion traded for London delivery rose back through $1,400 for the fifth day running on Wednesday morning, rising as the U.S. dollar slipped following weaker-than-expected jobs data.
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By Adrian Ash |
May 2, 2013
London prices for gold and silver both ticked higher Thursday morning, recovering half of Wednesday's 2.4% and 4.6% falls respectively.
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By Marcus Holland |
April 12, 2013
Gold futures prices moved lower on Friday after the Commerce Department released worse than expected Retail Sales data. The decline in consumer confidence along with the lack of robust retail buying in March created headwinds for gold traders.
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By Ben Traynor |
March 6, 2013
U.S. dollar prices to buy gold hovered around $1,575 per ounce Wednesday morning in London as dealers in Asia reported an increase in demand for physical bullion, in contrast with exchange traded funds, which have continued to see selling, in what one analyst calls a "tug of war" between physical...
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By Mark O'Byrne |
January 29, 2013
The Bundesbank’s move to repatriate 674 tonnes of the German gold reserves from Paris and New York to Frankfurt is a victory for openness, transparency and for those who have campaigned for transparency in the gold market for years.
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By Jon Nadler |
January 4, 2013
Gold’s “Cliff Relief” rally fizzled out in a hurry on Thursday and the yellow metal lost as much as 1.5% ($25) in turbulent trading action during the afternoon hours in New York.
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By Austin Kiddle |
January 4, 2013
Gold, stocks and bond prices plunged on Thursday after the release of the December FOMC minutes, which revealed that QE3 could end this year. Given the current unemployment rate is still well above the 6.5% threshold, it is unlikely for the Fed to end the QE3 anytime soon.
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By Ben Traynor |
December 5, 2012
The wholesale market gold price traded just above $1,700 an ounce during Wednesday morning in London, having risen back above that level in the earlier Asian session, though they remained near one-month lows.
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By Ilya Spivak |
December 5, 2012
Commodities are on the upswing overnight amid a broad-based pickup in risk appetite, with Asian shares led higher by Chinese bourses after the government decided to relax rules limiting insurers’ investments in commercial lenders.
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By Jon Nadler |
December 4, 2012
Gold prices broke to under the pivotal $1,700 mark overnight, and did so despite a slightly weaker US dollar, despite a firmer euro, but alongside almost 1% weaker crude oil values. The decline was partially attributed to an overall slide in commodities.