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By Ben Traynor |
March 26, 2012
Gold prices rallied to $1,679 per ounce Monday morning US time – up nearly 1% on last week's close – after Federal Reserve chairman Ben Bernanke said "continued accommodative polices" are still needed to support the US economy.
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By Ben Traynor |
March 8, 2012
Dollar prices to buy gold were struggling to stay above $1,700 an ounce Thursday lunchtime in London, following the latest monetary policy announcements from the Bank of England and European Central Bank.
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By Ben Traynor |
January 16, 2012
Spot gold rose to a high of $1,647 per ounce Monday morning in London - 0.8% below last week's peak - while stocks and commodities were broadly flat as markets absorbed Friday's news of cuts to nine Eurozone sovereign credit ratings.
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By Ben Traynor |
January 6, 2012
Prices for buying gold hovered around $1,620 per ounce Friday morning in London - becoming marginally more volatile after release of US employment data but failing to establish a definite direction.
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By Eric McWhinnie |
November 16, 2011
Banking giant Goldman Sachs has announced it is staying long gold. Due to low real interest rates, slower US economic growth, and rising debt, the bank has also raised its gold forecast for 2012.
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By Ben Traynor |
August 8, 2011
Gold prices surged to a record $1,714 per ounce in Monday's Asian trade following Friday's US sovereign debt downgrade and Sunday's announcement by the European Central Bank that suggested a new phase in the eurozone debt crisis.
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By Mark O'Byrne |
September 2, 2010
Risk appetite increased yesterday as the first day of the new month saw equity buyers return and bond prices fall. Gold and silver prices fell marginally but remained near multi week highs.
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By Adrian Ash |
June 3, 2010
"Looking at the broader fundamentals, however, the outlook for gold appears to be progressively less robust."
