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Weekly Archives

By: Chris Mullen, Gold-Seeker.com - 24 February, 2012

Gold rose a few dollars to $1782.85 in Asia before it fell back to $1770.60 in New York, but it then bounced back higher in late trade and ended with a loss of just 0.42%. Silver surged to $35.707 in Asia before if fell back to $35.185 by a little after 8AM EST, but it then bounced back higher in New York and ended unchanged on the day. Full Story

By: GoldSeek.com - 24 February, 2012

COT Gold, Silver and US Dollar Index Report - February 24, 2012 Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 24 February, 2012

New York held the gold price up at $1,779.50. Asia and London held it there to. The euro was stronger at €1: $1.3387 in London. In London, gold Fixed at $1,778.50 and in the euro at €1,328.230, down €9 on yesterday’s p.m. Fix. The euro stayed steady in front of New York’s opening. Ahead of New York gold started to climb again through $1,780 and in the euro to €1.329.10. Full Story

By: Ben Traynor, BullionVault - 24 February, 2012

U.S. DOLLAR gold bullion prices held steady around $1780 an ounce Friday morning London time, having fallen slightly from yesterday's 3-month high. Silver bullion meantime hit its highest level since September, rising to $35.74 per ounce just after London opened. Full Story

By: GoldCore - 24 February, 2012

Spot gold hit a 3 month high of $1,787.55/oz yesterday rising gradually for the fourth day in a row. Gold closes in New York at $1,778/oz and has consolidated in Asia and early European trading. Silver surged over $1.20 yesterday to over $35.50 – up over 3.55% on the day and convincingly breaching recent resistance at the $34.50 level. Next level for resistance is $40/oz and then the record nominal, repeat nominal, high of 1980 at $50/oz. Full Story

By: Chris Mullen, Gold-Seeker.com - 23 February, 2012

Gold traded mostly slightly lower in Asia and London, but it then rose to as high as $1787.15 in New York and ended with a gain of 0.05%. Silver surged to as high as $35.592 and ended with a gain of 2.82%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 23 February, 2012

New York took the gold price up to $1,778 up $19 from yesterday’s close. Asia and London held it there at London’s opening. The euro was stronger at €1: $1.3292 at the opening in London. In London, gold Fixed at $1,776.50 up $21.75 on yesterday and in the euro at €1,334.410 up €9.40. The euro slipped slightly in front of New York’s opening to €1: $1.3307. Ahead of New York gold started to climb again $1,776.00 and in the euro to €1.335.59. Full Story

By: Adrian Ash, BullionVault - 23 February, 2012

The PRICE of PRECIOUS METALS rose further Thursday morning in London, pushing higher from last night's sharp jump in New York, with Dollar-priced gold trading at its highest level since mid-November above $1780 per ounce. Physical gold holdings backing the giant SPDR Gold Trust last night remained unchanged, however, both from Tuesday's finish and one week ago. Full Story

By: GoldCore - 23 February, 2012

Gold’s London AM fix this morning was USD 1,776.50, EUR 1,334.41, and GBP 1,130.45 per ounce. Yesterday's AM fix was USD 1,754.75, EUR 1,325.04, and GBP 1,116.32 per ounce. Spot gold hit a 3 month high of $1,781.40/oz yesterday rising for the third day in a row. Gold has consolidated on those gains in Asia and Europe. Full Story

By: Chris Mullen, Gold-Seeker.com - 22 February, 2012

Gold edged up to $1759.62 in Asia before it fell back to $1749.27 in London, but it then shot to as high as $1781.60 in early afternoon New York trade and ended with a gain of 1.12%. Silver rose to $34.351 in Asia before it fell back to $33.918, but it then surged to as high as $34.49 in New York and ended with a gain of 0.12%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 22 February, 2012

New York took the gold price up to $1,759 up $29 from yesterday’s close. This was a bit much for Asia and London who pulled it back to $1,753 at London’s opening. The euro was relatively unchanged on yesterday’s level of €1: $1.3228 at the opening in London. In London, gold Fixed at $1,754.75 and in the euro at €1,325.040. The euro was unchanged ahead of New York’s opening. Gold went slightly weaker ahead of New York’s opening with an unchanged euro after the Fixing. Ahead of New York gold stood at $1,753.90 and in the euro to €1.325.55. Full Story

By: Ben Traynor, BullionVault - 22 February, 2012

U.S. DOLLAR gold prices held steady just off $1760 an ounce during Wednesday morning trading in London, after a rally in Tuesday's US session saw gold climb 1.3%. Silver prices softened slightly but held above $34 per ounce – having through that level on Tuesday following the Greek bailout announcement. Stocks and commodities edged lower this morning, while government bond prices gained. Full Story

By: GoldCore - 22 February, 2012

GoldCore, the international bullion specialist, today launched a video called 'Gold Bullion Or Cash'. It is an interesting and informative video made to educate people about gold bullion and why gold is safer than cash, such as dollars, euros and pounds, in the long term. Full Story

By: Chris Mullen, Gold-Seeker.com - 21 February, 2012

Gold rose $11.50 in holiday thinned trade on Monday and climbed over $25 more to as high as $1759.90 in New York today before it fell back off a bit in late trade, but it still ended with a gain of 2.14% from Friday’s close. Silver gained $0.41 on Monday and rose to as high as $34.442 today before it also fell back off a bit, but it still ended with a gain of 3.56% from Friday’s close. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 21 February, 2012

New York took the gold price up to $1,730 and there it stayed until about two hours after the statement on Greece, when it rose through $1,740. The euro rose to €1: $1.328 after that too. In London, gold Fixed at $1,737.00 and in the euro at €1,313.124. The euro was stronger at €1: $1.3270 ahead of New York’s opening. Gold remained unchanged alongside an unchanged euro after the Fixing. Ahead of New York gold stood at $1,738 and in the euro to €1.314.13. Full Story

By: Ben Traynor, BullionVault - 21 February, 2012

U.S. DOLLAR gold bullion prices spiked to $1747 an ounce Tuesday lunchtime in London – a 1.3% gain on last week's close – as US Markets re-opened to the news that European finance leaders have agreed to bail out Greece. Silver bullion also spiked, hitting $33.97 per ounce – 1.9% up on the start of the week. European stock markets by contrast drifted lower in Tuesday morning trading, while the Euro gave back most of the gains it made against the Dollar immediately after the Greek deal was announced. Commodities edged higher, while US Treasuries fell. Full Story

By: GoldCore - 21 February, 2012

Gold rose to its highest in a week today after euro zone policymakers sealed an agreement for a second debt deal with Greece. Gold remained flat at $1,736/oz in Asian trading after the deal was reached but then saw some buying which saw gold quickly rise to $1,740/oz and then creep up to over $1,743/oz. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 20 February, 2012

New York took the gold price down to $1,722 but over the weekend, Asia lifted it to $1,732 ahead of London’s opening. London held it at that level and took the euro to €1: $1.3194. In London, gold Fixed at $1,729.50 and in the euro at €1,307.355. The euro was stronger at €1: $1.3265 ahead of New York’s opening. Gold followed the euro stronger ahead of New York moving up to $1,735 and in the euro to €1.308.05. Full Story

By: Ben Traynor, BullionVault - 20 February, 2012

WHOLESALE MARKET gold bullion prices held above $1730 an ounce in Monday morning's London trading – roughly in line with where gold has been for much of February – while European stocks and commodities edged higher amid hopes that policymakers might finally approve Greece's second bailout. US markets are closed for a holiday. Full Story

By: GoldCore - 20 February, 2012

Gold, in conjunction with oil, rose nearly 1% at the open in Asia prior to gradually giving up those gains as the Asian trading day progressed and as Europe opened. Gold’s gains were due to tension regarding Iran and higher oil prices - oil surged 1.2% at the open to $105.21 per barrel (NYMEX WTI). Support also came from further policy easing in China and concerns about the Greece debt crisis and the continuing risk of Euro zone contagion ahead of another meeting of euro zone officials later today. Full Story




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