Phillip Futures

• Central Bank Policy 'Hugely Bullish' for Commodities

  By Ben Traynor  |  September 17, 2012

  The wholesale cost of buying gold dipped below $1,770 an ounce during Monday morning trading in London, but remained less than ten Dollars below their six-month high hit last Friday, after the US Federal Reserve announced a third round of quantitative easing.

• Bullion Set for Gain on Week after ECB Comments

  By Ben Traynor  |  July 27, 2012

  Spot market gold bullion hit a five-week high at $1,625 an ounce during Friday morning's London trading, on course for a weekly gain that would see the pattern of alternating up and down weeks stretched to week number eleven.

• Investor Interest in Gold 'Far from Overwhelming'

  By Ben Traynor  |  July 17, 2012

  Spot market gold prices climbed as high as $1,598 an ounce during Tuesday morning's trading in London, their highest level so far this week, with markets looking ahead to Federal Reserve chairman Bern Bernanke's appearance before Congress later today.

• Fed Seen 'Influencing Gold More Than Euro Zone'

  By Ben Traynor  |  June 19, 2012

  The US dollar gold price hovered around $1,630 an ounce during Tuesday morning's trading in London – in line with where it ended last week – while stocks and commodities were also broadly flat ahead of the latest Federal Reserve policy meeting.

• Gold Falls after ‘Bernanke Curve Ball’

  By Ben Traynor  |  June 8, 2012

  Wholesale market prices for gold bullion hit a low of $1,561 an ounce during Friday's Asian session – 4.8% down on this week's high – while stocks and commodities also fell this morning and major government bond prices gained.

• Bullion at 6-Week Low as ‘Sovereign Decision’ of Spain Ignores EU

  By Ben Traynor  |  March 6, 2012

  Gold bullion prices fell to a six-week low of $1,682 per ounce Tuesday lunchtime in London – a 1.8% drop on Friday's close – as stocks, commodities and the euro continued recent losses and uncertainty hung over recent European agreements.

• Prices Fall as Eurozone `Catastrophe' & `US Lost Decade' Loom

  By Ben Traynor  |  June 13, 2011

  Gold prices fell on Monday morning in London, hitting $1,525 per ounce - 2.3% off last month's record high - while stock markets were flat and commodities mixed, as ongoing economic woes prompted talk of a worldwide "perfect storm."

• Spot Gold Price Slips as Dollar Rallies

  By Adrian Ash  |  October 18, 2010

  Spot gold prices fell in Asian and early London trade on Monday, dropping to a three-session low of $1,354 an ounce as the US dollar rallied and Asian stock markets ended the day lower.