Gold fell $7.13 to $1650.47 in Asia before it shot up to $1667.30 in New York and then pared its gains a bit in the last few hours of trade, but it still ended with a gain of 0.28%. Silver surged to as high as $31.435 and ended with a gain of 0.61%. Full Story
New York closed yesterday at $1,657.6 up $13.80 with little change in the €: $ exchange rate. The euro was steady at €1: $1.3208 down 11 cents only. Today, gold Fixed it at $1,654.00 and in the euro at €1,250.283, while the euro stood at €1: $1.3229. Ahead of New York’s opening it stood at $1,655.25 and in the euro €1,250.76 while the euro was at €1: $1.3234. Full Story
SPOT MARKET prices to buy gold remained steady around $1650 an ounce during Friday morning's London trading – well within their range from mid-March – as stock markets and commodity prices were also flat and US Treasury bonds gained following a credit ratings downgrade for Spain. Full Story
Support for gold is at $1,624/oz and $1,612/oz and resistance is at $1,663/oz and $1,684/oz. Gold is some 1% higher on the week in USD and EUR and the higher weekly close would aid the poor short term technical picture. Full Story
Gold saw modest gains in Asia and London, but it then accelerated even higher in New York and ended near its early afternoon high of $1660.90 with a gain of 0.84%. Silver surged to as high as $31.29 and ended with a gain of 1.2%. Full Story
New York closed yesterday at $1,643.80 up $2.60 in a narrowing trading band. The euro was steady at €1: $1.3219 up 50 cents. Today, gold Fixed it at $1,648.25 and in the euro at €1,246.220, while the euro stood at €1: $1.3226. Ahead of New York’s opening it stood at $1,653.00 and in the euro €1,251.32 while the euro was at €1: $1.3210. Full Story
SPOT MARKET prices for gold bullion traded steady Thursday morning, around $1650 an ounce during London's morning session – slightly higher than where they started the week. "[Gold] trend line support is seen at $1627 on the weekly chart," says the latest technical analysis from Scotia Mocatta. Full Story
After moves down and then up, gold finished $2.60 or 0.16% higher in New York yesterday and closed at $1,643.80/oz. Gold fell some $10 as the FOMC meeting commenced prior to going positive. Gold gradually eked out gains in Asian and early European trading prior to seeing some weakness. Full Story
Gold waffled near unchanged in Asia and London and edged up to $1644.30 at about 9:15AM EST before it dropped to as low as $1625.25 immediately after today’s fed statement, but it then climbed to as high as $1646.20 in afternoon trade and ended with a gain of 0.16%. Silver slipped to as low as $29.98 before it also recovered, but it still ended with a loss of 0.29%. Full Story
New York closed yesterday at $1,641.20 up $3. The euro was steady at €1: $1.3172. Today, gold Fixed it at $1,641.25 and in the euro at €1,241.490, while the euro stood at €1: $1.3220. Ahead of New York’s opening it stood at $1,641.00 and in the euro €1,240.83 while the euro was at €1: $1.3225. Full Story
WHOLESALE MARKET gold prices reversed a short dip Wednesday lunchtime in London to trade absolutely flat on the day and unchanged from the end of last week ahead of the US Fed's monetary policy statement. Full Story
Gold has been in an incredibly tight range - hovering around the $1,640/oz level this morning as markets await the US Federal Reserve’s decision regarding maintaining ultra loose monetary policy and further quantitative easing (QE3). Full Story
Greece's economy will contract a deeper than expected 5 percent this year, the country's central bank chief said. The projection topped a previous forecast the central bank made in March, when it projected the 215 billion euro economy would contract 4.5 percent after a 6.9 percent slump in 2011. Full Story
New York closed yesterday at $1,638.20. The euro was steady at €1: $1.3151. Today, gold Fixed it at $1,638.75 and in the euro at €1,244.683, while the euro stood at €1: $1.3166. Ahead of New York’s opening it stood at $1,644.00 up $13 on yesterday and in the euro €1,248.48 while the euro was at €1: $1.3168. Full Story
SPOT MARKET gold prices climbed to $1643 an ounce Tuesday lunchtime in London – a 1.2% gain from yesterday's low, but still below Friday's close – as Eurozone concerns focused on the Netherlands after yesterday's government collapse. Full Story
Gold fell $3.80 or 0.23% in New York yesterday and closed at $1,638.20/oz. Gold has been trading mostly sideways in Asia and within a narrow 8 point spread. In European trading it remains near the close seen in New York yesterday. Full Story
Gold fell to as low as $1623.54 by a little after 8AM EST, but it then rallied back higher in New York and ended with a loss of just 0.23%. Silver slipped to as low as $30.425 and ended with a loss of 2.53%. Full Story
New York closed on Friday at $1,642. The euro was steady at €1: $1.3140 where it stood as the week began. Today, gold Fixed it at $1,632.00 and in the euro at €1,240.970 down €6, while the euro stood at €1: $1.3151. Ahead of New York’s opening it stood at $1,631.00 barely changed on yesterday and in the euro €1,241.63 while the euro was at €1: $1.3136. Full Story
PRICES TO buy gold bullion on the wholesale market dropped to $1630 an ounce during Monday morning's London session – a 2.3% drop from where they started the month – while stock markets and industrial commodities also traded lower following the release of preliminary Chinese manufacturing data. Full Story
Gold gained $1.20 or 0.07% in New York and closed at $1,642.00/oz on Friday. Gold initially traded sideways in Asia and then took a dip downward to $1,631.37. A slight bounce now shows gold near $1,632.69 in European trading. Full Story
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