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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 Adrian Ash |
February 9, 2012
The gold price slipped $10 per ounce to $1,730 in London trade Thursday morning, before regaining most of that dip as the European Central Bank kept its key lending rate on hold and the Bank of England extended its purchases of UK government bonds.
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By Mark O'Byrne |
December 14, 2011
Most analysts of the gold market remain of the view that this is a correction and that the medium and long term uptrend will continue due to significant investment, store of wealth and central bank demand.
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By Adrian Ash |
November 30, 2011
According to Nouriel Roubini - NYU academic and ubiquitous media personality - "The Great Depression was caused by the Gold Standard." Because, Roubini thinks along with most others, that the Gold Standard's tiresome rules brought about that cataclysm.
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By Ben Traynor |
October 6, 2011
Gold bullion prices hovered around $1,650 per ounce Thursday morning in London - 1.6% off this week's high - while stocks and commodities continued to rally following rumors of European bank stress tests and proposed recapitalization.
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By Jon Nadler |
September 28, 2011
The recovery process got a bit tougher in precious metals overnight as global investors once again sought refuge under the umbrella of the US dollar. Midweek gold trading session opened with minor losses of about $4 per ounce.
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By Jon Nadler |
June 13, 2011
A further decline in crude oil prices conspired to drag most of the commodities' complex to lover value ground as the new trading week began. Precious metals lost chart altitude levels as well, despite a minor loss recorded in the US dollar index.
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By Jon Nadler |
March 9, 2011
Spot metals dealings started the midweek session with decent gains across the board. Gold was bid at $1,435.70 per ounce (up $6.80) in New York, while silver advanced 27 cents to open at $36.32 on the bid side.
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By Jon Nadler |
February 14, 2011
Following a retreat to the $1,355 area, gold prices picked up fresh hedge fund-sourced steam this morning and climbed to the upper $1,360's with relative ease, despite near three-week highs recorded in the values of the US dollar.
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By Jon Nadler |
December 2, 2010
The overnight market action dragged on indecisively in gold and in silver but no lack of upside progress was on display in the noble metals' complex, where participants continued to push prices higher still.
