Gold climbed $5.79 to $1586.79 in Asia before it fell back to $1573.80 by a little before 8:30AM EST, but it then rallied back higher in New York and ended near its new afternoon high of $1587.10 with a gain of 0.18%. Silver slipped to as low as $26.82 before it also rallied back higher and ended near its new afternoon high of $27.437 with a gain of 0.22%. Full Story
Gold closed in New York at $1,581.00 $4 higher, yesterday. London’s morning Fix today was set at $1,583.00 up $3 on yesterday and in the euro at €1,291.296, while the euro stood at €1: $1.2259 down nearly 20 cents on the dollar. Ahead of New York’s opening gold stood at $1,581.75 in the middle and in the euro at €1,293.28. Full Story
THE U.S. DOLLAR gold price hovered above $1580 an ounce during Friday morning trading in London – in line with where it has spent the last two weeks – while stocks and commodities ticked lower and US Treasuries gained, as market attention returned to the European debt crisis, currently focused on Spain. Full Story
Gold has been trading in a range between $1,530/oz and $1,630/oz for nearly 2 months despite the Eurozone debt crisis entering its 3rd year and looking set to escalate and despite signs that the US economy is on the verge of a sharp recession. Full Story
Gold climbed up to $1591.49 at about 8:30AM EST before it fell back to as low as $1577.15 in early afternoon New York trade, but it then bounced back higher into the close and ended with a gain of 0.23%. Silver rose to $27.60 before it dropped back to $27.13, but it still ended with a gain of 0.07%. Full Story
Gold closed in New York at $1,577.3 yesterday. Asia took it to $1,578.94 ahead of London’s opening. London’s morning Fix today was set at $1,580.00 up $1 on yesterday and in the euro at €1,287.064, while the euro stood at €1: $1.2276 up 20 cents on the dollar. Ahead of New York’s opening gold stood at $1,588.00 in the middle and in the euro at €1,291.90. Full Story
WHOLESALE LONDON prices to buy gold rose 1.3% Thursday morning in London, briefly rising above $1590 per ounce as world stock markets also rallied. Silver prices rose faster still, gaining 2.2% from Wednesday's low to reach $27.55 per ounce. Full Story
Gold has gained this morning after two straight days of Bernanke testimony related slight losses and gold is testing resistance at the 50-day moving average at $1,586/oz. US economic data showed the job market is still slow and the results of groundbreaking on new US homes rose in June at its fastest pace in the last 3 years, which saw risk appetite increase. Full Story
Gold climbed to $1584.69 in Asia before it fell back to as low as $1567.62 by about 9AM EST, but it then climbed back to as high as $1582.53 in late morning New York trade and ended with a loss of just 0.28%. Silver rose to $27.30 before it dropped back to $26.90, but it then rose to a new session high of $27.31 and ended with a loss of just 0.07%. Full Story
Gold closed in New York at $1,581.70 yesterday down $7.80. Asia took it to $1,582 ahead of London’s opening. London’s morning Fix today was set at $1,579.50 down $6 on yesterday and in the euro at €1,298.651, while the euro stood at €1: $1.2257 down half a cent on the dollar. Ahead of New York’s opening gold stood at $1,579.32 in the middle and in the euro at €1,290.66. Full Story
WHOLESALE MARKET gold prices ticked lower Wednesday morning in London, dropping below $1580 an ounce, while stock markets and commodities were broadly flat and US Treasuries gained, as markets continued to digest yesterday's testimony to Congress by Federal Reserve chairman Ben Bernanke. Full Story
Gold hovered near $1,580/oz today after dropping marginally the previous session when U.S. Federal Reserve Chairman Ben Bernanke gave no clues of any monetary stimulus measures. However the trading action was positive with gold falling sharply prior to seeing a v shaped bounce back to go positive on the day prior to weakness at the close. Full Story
Gold climbed $9.20 to $1598.70 in Asia before it fell back to as low as $1571.63 by about 10:45AM EST, but it then bounced back higher midday and ended with a loss of just 0.49%. Silver saw a 31 cent gain at $27.62 in Asia before it fell back to $26.809, but it then climbed back near its earlier high and ended with a loss of just 0.22%. Full Story
Gold closed in New York at $1,589.50 yesterday. Asia took it higher to $1,594ahead of London’s opening. London’s morning Fix today was set at $1,595.00 up $11 and in the euro at €1,296.853, while the euro stood at €1: $1.2299 up a cent on the dollar. Ahead of New York’s opening gold stood at $1,594.75 in the middle and in the euro at €1,297.39. Full Story
SPOT MARKET gold prices climbed as high as $1598 an ounce during Tuesday morning's trading in London, their highest level so far this week, with markets looking ahead to Federal Reserve chairman Bern Bernanke's appearance before Congress later today. Full Story
Gold inched up on Tuesday ahead of Federal Reserve Chairman Ben Bernanke's Congressional testimony today and Wednesday which should provide the market with information as to whether the US central bank will flood the market with more US paper. Full Story
Gold dropped down to as low as $1578.51 by a little after 8AM EST, but it then rose to as high as $1594.61 in late morning New York trade and ended with a gain of 0.09%. Silver surged to as high as $27.42 and ended with a gain of 0.22%. Full Story
Gold closed in New York at $1,588.00 after rising to $1.600 at it daily peak on Friday. London’s morning Fix today was set at $1,584.00 and in the euro close to its recent high at €1,300.172, while the euro stood at €1: $1.2183 and was still falling. Ahead of New York’s opening gold stood at $1,585.00 in the middle and in the euro at €1,299.81. Full Story
THE DOLLAR cost of buying gold fell to $1583 an ounce during Monday morning's London trading, in line with where last week's range, while European stock markets also edged lower and US Treasury bonds gained, with markets focused on Federal Reserve chairman Ben Bernanke's testimony before Congress tomorrow. Full Story
The sharp losses in the gold mining sector Friday and last week could presage further weakness today but the higher weekly closes for gold and silver were constructive from a technical perspective. Full Story
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