-
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 |
April 19, 2013
Wholesale gold prices rallied above $1,400 an ounce Friday morning, with analysts continuing to point to strong demand for physical bullion following gold's sharpest weekly price fall in more than four years.
-
By Jon Nadler |
November 13, 2012
Metals markets opened mixed this morning as US dollar strength (@81.20 on the index) kept a lid on advances in gold and in silver but did not manage to hold back those in platinum and palladium.
-
By Adrian Ash |
May 1, 2012
The fix which El-Erian and central banks everywhere now hope for might not in fact work. It sure didn't reverse Japan's depression two decades ago. And either way, it hasn't yet shown up in the West, where "austerity" is now being challenged by a growing political consensus.
-
By Adam Hamilton |
March 26, 2012
Despite all the gold-stock hate out there, this beaten-down sector is overdue for a major rally. And even if you don’t believe pre-panic levels relative to gold are attainable again, merely mean reverting by depressed post-panic standards offers an enormous buying opportunity.
-
By Jon Nadler |
March 14, 2012
The midweek sessions in precious metals started off at sharply lower price levels in the wake of the sentiment that took gold post the Fed announcement that given current economic conditions it has opted to do nothing more than monitor the situation.
-
By Ben Traynor |
August 11, 2011
The gold price spiked to over $1814 per ounce in Thursday's Asian trade - a 9% gain for the week - before dropping 1.5% after news that gold futures will be subject to a margin hike
-
By Ben Traynor |
August 3, 2011
The gold price hit a record $1,672 per ounce Wednesday morning in London - a 2.7% rise from last Friday's close. The gold price at the London Fix meantime also hit four records in all three currencies - the dollar, euro and pound.
-
By Ben Traynor |
June 22, 2011
The dollar gold price fell to $1,542 per ounce Wednesday morning in London - still above where it started the week, and 2.2% off last month's record - while commodities fell and stocks were mixed after Greece's prime minister survived a confidence vote.
-
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.