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Weekly Archives

By: Chris Mullen - 25 May, 2012

Gold saw slight losses in Asia, but it then chopped its way back higher in London and New York and ended with a gain of 0.85%. Silver surged to as high as $28.593 and ended with a gain of 0.67%. Full Story

By: GoldSeek.com - 25 May, 2012

COT Gold, Silver and US Dollar Index Report - May 25, 2012 Full Story

By: Julian D.W. Phillips - 25 May, 2012

New York closed higher at $1,559.50 and in London’s early morning rose to $1,563.55. The euro was slightly stronger in London at €1: $1.2582. It Fixed at $1,560.50 and in the euro at €1,240.658. Ahead of New York’s opening gold stood at $1,560.32 and in the euro, €1,240.26 while the euro was at €1: $1.2582. Full Story

By: Adrian Ash - 25 May, 2012

LONDON QUOTES for wholesale gold bars held above $1560 per ounce Friday morning, cutting the week's losses to 1.9% as European stock markets reversed their earlier rally and the Euro fell to a new two-year low. Full Story

By: GoldCore - 25 May, 2012

Gold was off $1.70 or 0.11% in New York yesterday and closed at $1,559.50/oz. Gold fell in Asia prior to gains late in the session and these gains continued in early European trading as lower prices are leading to some safe haven demand. Full Story

By: Chris Mullen - 24 May, 2012

Gold fell $8.87 to $1552.33 at about 4AM EST before it rebounded to $1577.70 at about 9AM EST, but it then fell to as low as $1551.69 in afternoon New York trade and ended with loss of 0.11%. Silver slipped to as low as $27.624 before it bounced back to $28.533 and then also fell back off, but it still ended with a gain of 1.58%. Full Story

By: Julian D.W. Phillips - 24 May, 2012

New York closed higher at $1,561.20 and at London’s early morning fell back to $1,556. The euro was weaker at the time London at €1: $1.2560 before holding that level at €1: $1,2562. It Fixed at $1,558.50 and in the euro at €1,239.265. Ahead of New York’s opening gold stood at $1,562.00 and in the euro, €1,242.14 while the euro was at €1: $1.2575. Full Story

By: Adrian Ash - 24 May, 2012

The WHOLESALE PRICE of gold investment bars rose 2.0% from yesterday's low to reach $1569 per ounce in London Thursday morning, recovering from $1535 for the fourth time since gold hit all-time peaks above $1900 in late-summer 2011. Full Story

By: GoldCore - 24 May, 2012

Gold fell $5.60 or 0.36% in New York yesterday and closed at $1,561.20/oz. Gold has been trading sideways in Asia and was slightly lower in Europe prior to buying which saw gold rise to about the close in New York yesterday. Full Story

By: Chris Mullen - 23 May, 2012

Gold reversed early losses in Asia and bumped back up to $1564.42 in early New York trade before it fell all the way back to $1533.50 by a little after noon EST, but it then stormed back higher in late trade and ended with a loss of just 0.36%. Silver slumped to as low as $27.122 before it also rallied back higher and ended with a loss of 1.03%. Full Story

By: Adrian Ash - 23 May, 2012

The WHOLESALE gold price bounced from a 4-session low at $1552 per ounce Wednesday morning in London, rallying with the Euro currency as world stock markets slumped. The Athens stock market hit a fresh 22-year low, and Wall Street futures pointed 0.7% down, while US Treasuries rose sharply together with Japanese, German and UK bonds. Full Story

By: GoldCore - 23 May, 2012

Gold edged down again this morning despite fears that the European Union's umpteenth meeting later today will not take clear steps to solve the area's debt debacle. Even more worrisome is the showdown that could ensue between Hollande and Merkel about mutualised European debt which could create new obstacles and delay any means of a quick solution. Full Story

By: Chris Mullen - 22 May, 2012

Gold dropped $19.82 to $1573.18 by about 5AM EST before it climbed back above $1590 by late morning in New York, but it then fell back off into the close and ended with a loss of 1.64%. Silver slipped to $28.015 before it surged to as high as $28.804, but it also fell back off in late trade and ended with a loss of 1.26%. Full Story

By: Julian D.W. Phillips - 22 May, 2012

New York closed higher at $1,593.00 and at London’s early morning fall back to $1,578. The euro was stronger at the time London at €1: $1.28 before falling back to €1: $1,2776. It Fixed at. The euro was weaker at €1: $12770, where it was when the morning Fixing took place. In the dollar it Fixed at $1,575.75 and in the euro at €1,233.947. Ahead of New York’s opening gold looked almost the same at $1,575.50 and in the euro, €1,235.67 while the euro was at €1: $1.2750. Full Story

By: Adrian Ash - 22 May, 2012

WHOLESALE PRICES to buy gold fell further from $1600 an ounce in London on Tuesday morning, finding a floor at $1575 as European stock markets rose for the second day running after falling for two weeks in succession. Full Story

By: GoldCore - 22 May, 2012

Gold edged up $1.60 or 0.16% in New York yesterday and closed at $1,593.00/oz. Gold edged slightly higher in Asia but has now fallen and continued this pattern in European trading where gold is now near $1,576/oz level off about 1% from yesterday’s close in New York. Gold is about 1% lower in most currencies but only 0.4% lower in Japanese yen after the Japanese downgrade. Full Story

By: Chris Mullen - 21 May, 2012

Gold fell $6.40 to $1585.00 at about 9:30AM EST, but it then chopped back higher midday and ended with a gain of 0.16%. Silver slipped to as low as $28.076 before it also bounced back higher, but it still ended with a loss of 0.56%. Full Story

By: Julian D.W. Phillips - 21 May, 2012

New York bounced back to $1,573.70 and Asia continued to take it higher, with London running it up to Fix at $1,590.25. The euro was stronger at €1: $12770, where it was when the morning Fixing took place. In the euro it Fixed at €1,245.204. Ahead of New York’s opening gold looked a little better at $1,592.15 and in the euro, €1,246.69 while the euro was at €1: $1.2771. Full Story

By: Adrian Ash - 21 May, 2012

WHOLESALE MARKET spot gold prices hit a 7-session high just below $1600 per ounce in London trade early Monday, before dropping back through last week's finish at $1593 as European stock markets rose for the first time in two weeks. Full Story

By: GoldCore - 21 May, 2012

Gold rose $17.70 or 1.12% in New York on Friday and closed at $1,591.40/oz. Gold has been trading up and down in Asia within a narrow 8 point range and is now trading in Europe near $1,592.16 at 1150 GMT. The Canadian markets are closed today for Victoria Day. Full Story




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