-
By Jon Nadler |
July 23, 2012
The new trading week was off to a rocky start in precious metals as, despite only a relatively small, 0.20% advance in US dollar (to just above 83.80 on the index) the complex headed for lower price ground overnight and at the opening bell in New York.
-
By Jon Nadler |
June 29, 2012
The final trading session of this week started with a “euro-bang,” as the bulls were emboldened by the surprise overnight announcement that the EU leadership has agreed to recapitalize certain banks and that a single supervisory banking agency might be created.
-
By Mark O'Byrne |
June 27, 2012
Gold will likely be supported again at these levels due to the near certainty that European leaders will fail to come up with concrete measures to solve the region's debt crisis at this week's summit.
-
By Ben Traynor |
June 26, 2012
Spot market prices to buy gold traded just above $1,580 an ounce throughout Tuesday morning's London session, up around 0.6% on last week's close following gains the previous day. Prices to buy silver traded in a tight range around $27.50 an ounce.
-
By Ben Traynor |
June 22, 2012
Wholesale market gold prices traded as low as $1,560 an ounce Friday morning, before recovering some ground by lunchtime in London, while European stock markets were also down and commodities were broadly flat. Silver prices meantime sank to a 2012 low at $26.64 an ounce.
-
By Jon Nadler |
May 30, 2012
The midweek session started off this morning with additional declines across the precious metals complex. Spot gold fell by over $6 to under the $1,550 level once again and it opened at $1,547 per ounce. Silver lost 20 cents to start off at $27.69 the ounce.
-
By Ben Traynor |
May 11, 2012
Wholesale market gold prices touched their lowest level since the first week of January Friday, hitting $1,574 an ounce before recovering some ground, while stocks and commodities fell and US Treasury bonds gained.
-
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.
-
By Ben Traynor |
April 17, 2012
Gold prices continued to hover near $1,650 per ounce ahead of Tuesday's US trading – in line with where they have spent most of the last month – while European stock markets gained following Spain's successful auction of short-term Treasury bills.
-
By Mark O'Byrne |
April 17, 2012
In volatile trade in New York yesterday, gold rose sharply prior to falling and ended $4.40 lower or 0.27% and closed at $1,651.70/oz. Gold initially took a dip in Asia and then recovered losses by the time European trading opened and has ticked higher.