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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 Austin Kiddle |
May 18, 2012
Gold futures bucked the trend of the broader market and jumped $38 or 2.5% on Thursday, the largest percentage increase since Oct. 25, 2011. The S&P 500 fell almost 2% while Euro Stoxx 50 and crude oil both dropped 1.5%. The US Dollar Index rose for 14 consecutive days.
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By Ben Traynor |
May 15, 2012
Wholesale market gold bullion prices dipped below $1,550 an ounce for the first time since December on Tuesday – a fall of 7% since the start of this month – before regaining some ground by lunchtime in London.
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By Ben Traynor |
May 9, 2012
Spot market gold bullion prices fell to their lowest level in four months during Wednesday morning's London trading, hitting $1,581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries gained.
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By Frank Holmes |
April 27, 2012
The economy has been in choppy waters lately. A rise in manufacturing is negated by a weak jobs number. Housing market signs of life are impeded by gas prices. The euro zone appears to improve, then a sovereign debt rogue surfaces in Spain.
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By Ben Traynor |
April 24, 2012
Gold prices rallied to $1,643 per ounce by Tuesday lunchtime in London – 1.2% up on yesterday's low, but still shy of where they closed last week – ahead of tomorrow's Federal Reserve decision and with euro zone concerns focusing on the Netherlands.
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By Adrian Ash |
April 19, 2012
Compulsive hoarding is an affliction, an illness. It disables the sufferer and those around them, presenting a health hazard as stuff piles up and the home turns into a trash can. But just because you hoard money or gold bullion, doesn't mean you're sick or wrong.
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By Don Miller |
March 21, 2012
Will a near-monopoly in rare earth metals do for China what oil did for Saudi Arabia? Not if the U.S. government has anything to say about it.
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By Mark O'Byrne |
February 14, 2012
Safe haven demand for gold continues due to concerns that Greece’s “bail out” is yet another short-term panacea and Moody's downgrades of various European nations' ratings have reignited contagion fears.
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By Ben Traynor |
February 14, 2012
Ratings agency Moody's has changed its outlook for the UK to negative, meaning it could lose its AAA rating. If Moody's follows through on its warning, a UK downgrade could be the start of something much worse, writes Ben Traynor at BullionVault.
