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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 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 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 Frank Holmes |
April 2, 2012
What’s important for investors to consider is that the trend is your friend: It is the fourth month in a row where China's Purchasing Managers' Index landed above the three-month PMI, and shows the economy is on the right path.
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By Ben Traynor |
March 27, 2012
The gold price hovered just below $1,700 per ounce Tuesday morning in London – over 4% up on its low last week – before easing ahead of US markets open as the US dollar regained some of the ground it lost on Monday.
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By Ben Traynor |
March 13, 2012
Gold prices drifted as low as $1,694 per ounce Tuesday morning in London – 1.3% down on the week so far – while stocks and commodities rose slightly and US Treasuries dipped ahead of today's US Federal Reserve interest rate decision.
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By Frank Holmes |
March 13, 2012
With inflation now under control, China is stocked with other possible monetary policy actions to help growth in 2012, as opposed to the central banks of the U.S., Europe and England, which have run empty.
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By Frank Holmes |
March 6, 2012
Beginning in March, crude oil has a seasonal wind at its back. For nearly 30 years, the third month of the year has been the best month for crude oil. Over past cycles, WTI crude oil prices head higher in March, and have generally continued to climb through September.
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By Ben Traynor |
February 28, 2012
Gold prices hit $1,781 per ounce Tuesday lunchtime in London – 0.3% off last week's high – while stocks and the euro gained, as euro-zone leaders postponed a decision on whether to increase the size of the single currency bailout fund.
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By Jon Nadler |
February 24, 2012
Gold prices remained near three-month highs around $1,780 overnight and early this morning as a similarly-sounding achievement was also noted in its most recent tandem trading partner-the euro. The common currency hovered near ten-week highs above $1.34 despite an EU projection of a recession.
