By: Chris Mullen, Gold-Seeker.com - 19 March, 2010
Gold fell $7.10 to $1120.50 in London before it rallied back near unchanged in early New York trade and saw a loss of just 65 cents at $1126.95 at around 9:25AM EST, but it then fell back off rather markedly for most of the rest of trade and ended $6.20 off its early afternoon low of $1101.20 with a loss of 1.79%. Silver fell a little over 1% to $17.227 in London before it also rallied back near unchanged in early New York trade, but it then fell to a new session low of $19.975 at around noon EST and ended with loss of 2.47%. Full Story
THE PRICE OF GOLD was little changed for US investors in London on Friday, heading for a 2% weekly gain as the Dollar rose against everything on the forex market but the commodity-currencies of Canada and Australia. Full Story
By: Chris Mullen, Gold-Seeker.com - 18 March, 2010
Gold fell as much as $5.77 to $1118.28 in Asia before it rose to see a gain of $3.50 at $1127.55 in London and next fell back near its earlier low in late morning New York trade, but it then stormed to a new session high of $1128.10 in early afternoon trade and ended with a gain of 0.32%. Silver saw a 5 cent gain at $17.54 at around 8:30AM EST before it fell to see a $0.185 loss at $17.305 by late morning in New York and then also rallied back higher in afternoon trade, but it still ended with a loss of 0.34%. Full Story
THE PRICE OF GOLD in the wholesale bullion market bounced up from its second dip in two sessions to $1120 an ounce as the US opened for business on Thursday, pushing higher for Sterling and Euro buyers as world stock markets held flat. Full Story
Germany has said that Greece should turn to the IMF if it needs aid which signals lack of consensus among Eurozone leaders over the bailout of Greece. Such moves will be counter productive for the euro/usd and it may not be hold on to the current gains for a longer duration. Full Story
By: Chris Mullen, Gold-Seeker.com - 17 March, 2010
Gold rose as much as $10.45 to $1133.30 in London before it fell back to see a $1.62 loss at as low as $1121.23 in early afternoon New York trade, but it then bounced back higher in the last hour of trade and ended with a gain of 0.11%. Silver climbed 24 cents to $17.58 before it fell to see a $0.005 loss at $17.335 in early New York trade, but it then rallied back higher for most of the rest of trade and ended with a gain of 0.87%. Full Story
THE PRICE OF BULLION gold in the wholesale London market touched a 7-session high against the Dollar early on Wednesday, slipping back as US inflation data came in tamer than expected, and China was advised by the World Bank to tighten its interest rates. Full Story
Gold reached a high of $1,127/oz in US trading before closing with a gain of 1.55%. It has since jumped from $1,126/oz to $1,132/oz in late Asian trading this morning as the Bank of Japan announced emergency steps to prevent continuing deflation (see below). Gold is currently trading at $1,128.00/oz and in Euro and GBP terms, gold is trading at €821/oz and £740/oz respectively. Full Story
By: Chris Mullen, Gold-Seeker.com - 16 March, 2010
Gold and silver traded as much as 1% above yesterday’s close in Asia in London before they both jumped even higher in New York and gold ended near its noontime high of $1127.35 with a gain of 1.55% while silver ended near its high of $17.468 with a gain of 1.58%. Full Story
THE PRICE OF WHOLESALE gold bullion jumped at the start of New York dealing on Tuesday, recovering half of last week's losses for US and Eurozone investors ahead of today's decision on Dollar interest rates from the Federal Reserve. Full Story
By: Chris Mullen, Gold-Seeker.com - 15 March, 2010
Gold rose $6.60 to $1108.30 in London before it fell to see a $0.55 loss at $1101.15 by late morning trade in New York, but it then rallied back higher in the last couple of hours of trade and ended with a gain of 0.37%. Silver dropped 7 cents to $16.93 in London and rose almost 1% to $17.142 by late morning in New York before it fell back off a bit into the close, but it still ended with a gain of 0.41%. Full Story
THE PRICE OF GOLD gave back an early 0.6% rise vs. the Dollar as New York opened for business on Monday, slipping together with world stock markets and commodity prices ahead of tomorrow's Federal Reserve interest-rate decision. Full Story
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