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By Adrian Ash |
May 22, 2012
Wholesale prices to buy gold fell further from $1,600 an ounce in London on Tuesday morning, finding a floor at $1575 as European stock markets rose for the second day running after falling for two weeks in succession.
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By Mark O'Byrne |
May 22, 2012
Gold edged slightly higher in Asia but has now fallen and continued this pattern in European trading where gold is now near $1,576/oz. level off about 1% from yesterday’s close in New York.
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By Jon Nadler |
May 21, 2012
Precious metals started the trading week in mixed fashion with initial spot bids showing gold and silver prices marginally lower while platinum and palladium moved higher. The US dollar resumed its upward course this morning after the brief pause on Friday.
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By Adrian Ash |
May 21, 2012
Spot gold prices touched a seven-session high just shy of $1,600 per ounce in London's wholesale market early Monday, falling back to last week's finish at $1,593 as European stock markets rose for the first time in 10 days.
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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 Jeb Handwerger |
May 18, 2012
It is folly to look at the day to day gyrations of our wealth in the earth selections. There are those critics who might question the absence of risk management in precious metal selections. They miss the basic point completely.
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By Adrian Ash |
May 17, 2012
The wholesale market gold price jumped at the start of New York trade on Thursday, cutting the week's previous 3.3% dive to 5-month lows in half as the euro fell and euro zone stock markets slumped once again.
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By Mark O'Byrne |
May 17, 2012
Gold climbed during volatile trading in Asia having recovered from the NY close yesterday. In European trading the yellow metal is hovering near the $1,548/oz level. Technically, gold’s trend remains down but gold looks increasingly oversold.
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By Ilya Spivak |
May 16, 2012
Commodity prices are trading broadly lower in European hours as risk aversion grips financial markets, weighing on sentiment-linked crude oil and copper prices while boosting the safe-haven US dollar to put de-facto downward pressure on gold and silver.
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By J.W. Jones |
May 16, 2012
The “wall of worries” permeates the financial landscape as risk at present seems unprecedented. The list of macroeconomic concerns ranges from the European sovereign debt crisis to escalation of military action in the Middle East.
