-
By Ben Traynor |
October 18, 2011
Gold bullion prices fell 1.4% in less than half an hour to $1,638 per ounce Tuesday lunchtime in London - while stock markets also fell sharply - after investment bank Goldman Sachs announced a third quarter net loss of $393 million.
-
By Mark O'Byrne |
October 17, 2011
Gold has broken through resistance at $1,690 and may challenge the $1,700 level after last week's biggest weekly gain since early September. Many investors remain nervous that contagion in the euro zone may not be averted.
-
By Ben Traynor |
September 2, 2011
Gold prices climbed more than 2% following the start of trade in London on Friday - breaching $1,876 per ounce around lunchtime - after the publication of weak US jobs data. Nonfarm payroll data showed the US economy added no jobs in August
-
By Adrian Ash |
March 17, 2011
Gold bullion prices stalled just above $1,400 per ounce for the second day running on Thursday, as crude oil rose sharply amid the near-meltdown at Japan's Fukushima nuclear reactors.
-
By Mark O'Byrne |
February 8, 2011
LCH.Clearnet have been considering allowing gold as collateral since October 2009 and a move by the CME and JP Morgan to allow physical gold as collateral may have made their plans in this regard more concrete.
-
By Mark O'Byrne |
December 2, 2010
China's growing importance to the precious metal markets was underlined by the news that Chinese imports have surged by more than 500% due to increased investment demand.