By: Chris Mullen, Gold-Seeker.com - 6 January, 2012
Gold popped up to $1630.90 by about 9:30AM EST before it fell back to $1608.70 in the next hour of trade, but it then bounced back higher into the close and ended with a loss of just 0.36%. Silver slumped to $28.598 before it also bounced back higher in late morning New York trade, but it still ended with a loss of 2.02%. Full Story
THE DOLLAR cost of buying gold hovered around $1620 an ounce Friday morning London time – becoming a bit more volatile following the release of US employment data but failing to establish a definite direction – while stocks and commodities edged higher. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 6 January, 2012
New York tried to take the gold price down through $1,607 but closed higher at $1,622. Asia lifted it over $1,624. At the opening London took it to $1,620 where it held up to the Fixing, which was set at $1,621.00 and in the euro at €1,265.813. The euro held yesterday’s level of €1: $1.2793. Ahead of New York’s opening the gold price held at $1,621.30 notably higher in the euro, with the euro at €1: $1.2794 leaving gold in the euro at €1,267.23. Full Story
By: Chris Mullen, Gold-Seeker.com - 5 January, 2012
Gold climbed up to $1625.51 in Asia before it fell back to $1596.75 by about 9:30AM EST, but it then rallied back higher for most of the rest of trade and ended with a gain of 0.65%. Silver rose to $29.638 in Asia before it fell back to $28.724 in early New York trade, but it also rallied back higher into the close and ended with a gain of 0.45%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 5 January, 2012
Asia held the gold price at the high seen in New York yesterday taking it to $1,616. At the opening London took it to $1,620 before it began to slip with the euro to $1,615.75. The euro looked weaker early in London’s morning then continued to slip to €1: $1.2875 leaving gold in the euro at €1,254.95. The a.m. Fixing this morning was at $1,614.50 and in the euro at €1,256.322. Ahead of New York’s opening the gold price slipped to $1,605 with the euro at €1: $1.2828 almost 2 cents down leaving gold in the euro at €1,251.17. Full Story
Prices to Buy Gold touched a 2-week high at $1625 per ounce in London's wholesale market early Thursday, before pulling back to $1609 as commodities and world stock markets fell, led by Eurozone banking shares. Full Story
By: Chris Mullen, Gold-Seeker.com - 4 January, 2012
Gold rose $10.40 to $1613.10 in Asia before it fell back to $1593.30 in London, but it then rose to as high as $1618.30 in early afternoon New York trade and ended with a gain of 0.56%. Silver climbed to $29.712 in Asia before it fell back to $28.916 in London and then bounced back higher in New York, but it still ended with a loss of 1.62%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 4 January, 2012
The U.S. closed with gold at $1,602 then Asia took it to $1,610. This price held until just before the Fix when it slipped to $1,603. 40. The euro looked healthy early in London’s morning then slipped slightly to 1€: $1.3030 leaving gold in the euro at €1,230.50. The a.m. Fixing this morning was at $1,603.00 and in the euro at €1,229.955. Ahead of New York’s opening the gold price held around the Fixing price at $1,602.55 with the euro at €1: $1.3017 leaving gold in the euro at €1,231.07. Full Story
THE SPOT MARKET gold price ticked down to below $1600 an ounce Wednesday morning – having earlier touched its highest level since before Christmas at $1612 – while stock and commodity markets also edged lower as the US Dollar looked to have ended its recent spell of weakness. Full Story
By: Chris Mullen, Gold-Seeker.com - 3 January, 2012
Gold soared to as high as $1607.28 by late morning in New York before it fell back off a bit in early afternoon trade, but it still ended with a gain of 2.53%. Silver surged to as high as $29.722 and ended with a gain of 7.12%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 3 January, 2012
Asia and London have continued to turn the downward spike into a recovery wit gold price sitting at $1,590 as London opened. The euro appeared to have recovered slightly too at €1: $1.2986 leaving gold in the euro at €1,224.35. The last Fixing of last year was at $1,531 and the first Fixing of 2012 was at $1,590.00 and in the euro at €1,221.198. Ahead of New York’s opening the gold price fell to $1,591.00 and the euro stood at €1: $1.30395 leaving gold in the euro at €1,220.23. Full Story
WHOLESALE MARKET prices to buy gold rose Tuesday morning as dealers in London – heart of the world's professional bullion trade – returned from the New Year's holiday. Gold recovered almost all of last week's 5% drop before edging back to $1592 per ounce – a price first reached in July 2011, when investment demand to buy gold jumped amid the worsening Eurozone debt crisis and a looming downgrade to the United States' credit rating. Full Story
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