Gold fell $14.60 to $1589.80 in Asia before it shot up to $1609.37 right after the jobs report was released, but it then fell back off for most of the rest of trade and ended not all that far from its late session low of $1576.51 with a loss of 1.28%. Silver surged to as high as $27.742 before it fell back to as low as $26.93 and ended with a loss of 2.06%. Full Story
Gold closed in New York at $1,604.40 down $18.4. A quiet London pulled it back to $1,599.40 ahead of the a.m. Fixing. The morning Fix today was set at $1,591.75 and in the euro at €1,285.535, while the euro stood at €1: $1.2382 down over one cent. The euro stood at €1: $1.2378 after the Fix. Ahead of New York’s opening gold stood at $1,593.00 in the middle and in the euro at €1,286.96. Full Story
U.S. DOLLAR gold bullion prices continued falling during Friday morning's London trading, extending losses from the previous day to hit $1592 an ounce by lunchtime, while stocks and commodities also traded lower and US Treasury bonds gained ahead of the release of June nonfarm payrolls data. Full Story
Following yesterday’s WGC reports about the role of gold in investment portfolios, this report looks at gold’s performance during inflationary and deflationary times. Gold, non-perishable and limited in supply, is seen as relatively immune to inflation, financial crises and credit default. Full Story
Gold climbed up to $1623.53 at about 7:45AM EST before it fell back to $1597.59 in the next hour of trade, but it then bounced back higher at times and ended with a loss of 1.13%. Silver rose to $28.39 before it slumped back to $27.516 and then also bounced back higher, but it still ended with a loss of 2.29%. Full Story
PLENTY OF PEOPLE pay close attention to the Dow/Gold Ratio. Eighty years after it sank to its Great Depression low, you might want to take a look this week, too. This blunt measure of stocks versus stuff gets nearly 5 million results on Google, posting some 650 unique stories on the Dow/Gold Ratio. Search volumes for the term "Dow Gold" don't quite match "Kim Kardashian" say, over the last 5 years (nor even "Reggie Bush"). Full Story
WHOLESALE Dollar prices to buy gold eased 0.5% from a new 2-week high at $1624 per ounce Thursday lunchtime in London, as the Euro currency fell hard following a widely expected cut to European Central Bank interest rates. Full Story
Gold closed in New York at $1,622.80, the day before the holiday in the States yesterday. A quiet London pulled it back to $1,613.50 at the p.m. Fixing. The morning Fix today the 5th July was set at $1,616.75 and higher in the euro at €1,292.986, up €8 on yesterday’s p.m. Fixing, while the euro stood at €1: $1.2504 down 80 cents. The euro stood at €1: $1.2502 after the Fix. Ahead of New York’s opening gold stood at $1,618.00 in the middle. Full Story
Currently, gold is trading at $1618/oz. US markets were closed on Wednesday, the 4th of July. Gold in Asian and European markets today is up slightly from Wednesday’s close in New York, but it has been trading erratically but slightly upwards in wait of the ECB’s likely decision to cut interest rates to a record low of 25 basis points. Full Story
Gold rose to as high as $1624.73 by about 12PM EST and ended with a gain of 1.53%. Silver surged to as high as $28.45 and ended with a gain of 2.87%. Full Story
Gold closed in New York at $1,598.70, up $20. Asia took it up to $1,606 ahead of London’s opening, while the euro stood at €1: $1.2602. The gold Fix was set at $1,608.50 and in the euro €1,278.312. Ahead of New York’s opening, gold stood at $1,609.65 and in the euro, €1,279.23 while the euro was at €1: $1.2583. Full Story
SPOT MARKET gold prices traded close to $1610 an ounce for most of Tuesday morning in London, after breaking through the $1600 mark during the earlier Asian session. Silver prices touched $28 an ounce for the first time in nearly two weeks, while stocks and commodities also gained after disappointing US manufacturing data led to renewed speculation that the Federal Reserve might launch a third round of quantitative easing, known as QE3. Full Story
Gold gradually ticked higher in Asia and rose to over $1,610/oz by the open in Europe and appears to be consolidating on those gains. Gold is also higher in sterling, euros and Swiss francs at 1,026.30 GBP/oz , 1,278.30 EUR/oz and 1,535.80 CHF/oz. Full Story
Gold fell to $1587.11 by a little after AM EST before it climbed to as high as $1602.14 in late morning New York trade, but it then drifted back lower into the close and ended with a loss of 0.02%. Silver slipped to $27.217 in Asia before it climbed to as high as $27.62, but it then drifted back lower into the close and ended with a gain of just 0.22%. Full Story
U.S. DOLLAR gold bullion prices hit $1597 an ounce during Monday morning trading in London – in line with where they ended last week – while European stock markets ticked higher following the release of better-than-expected European manufacturing data. Full Story
Gold ticked lower in Asia prior to a brief bounce in Europe prior to further losses which have seen gold fall to 1,590.40 USD/oz. Gold is marginally lower in pounds at 1,015.80 GBP/oz and marginally higher in euros and Swiss francs at 1,263.30 EUR/oz and 1,517.70 CHF/oz. Full Story
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