By: Chris Mullen, Gold-Seeker.com - 30 December, 2011
Gold climbed $35.34 to as high as $1581.14 by late morning in New York before it fell back off a bit in afternoon trade, but it still ended with a gain of 1.12%. Silver surged to as high as $28.472 by late morning in New York, but it then fell back off into the close and ended with a loss of 0.65%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 30 December, 2011
Asia has started the rebound in the gold price taking it up from $1,529. Ahead of London’s opening the euro held the euro slightly higher at €1: $1.2944. Yesterday afternoon’s Fixings was set at $1,531.00 and in the euro at €1,184.16. Today, we see the Fix set at $1,574.5 and €1,217.052 showing its importance in reflecting a truer demand. Ahead of New York’s opening the gold price fell to $1,571.25 and the euro stood at €1: $1.2940 leaving gold in the euro at €1,214.26. Full Story
The PRICE OF PHYSICAL gold crept higher early Friday, recovering half of this week's 5% loss to near 6-month lows as the Euro currency rallied from 12-month lows and world stock markets held flat. The last London Gold Fix of 2011 came in at $1574.50 per ounce – some 11.6% higher from the end of 2010, and recording gold's 11th year of consecutive gains. Full Story
By: Chris Mullen, Gold-Seeker.com - 29 December, 2011
Gold fell over 2% to as low as $1522.60 by about 7AM EST, but it then rallied back higher throughout most of trade in New York and ended with a loss of just 0.55%. Silver slipped all the way to $26.15 before it also rallied back higher in New York and ended with a gain of 3.07%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 29 December, 2011
After the 2.5% fall in the gold price yesterday as most markets fell, all in thin holiday trade, Asian markets did not lift the price higher. Ahead of London’s opening the gold price stood at $1,550 while the euro hit new lows at €1: $1.2915. Yesterday’s Fixings reflected the falling euro and gold price at a.m. $1,584 and €1,211.472 then p.m. $1,571 and €1,208.647. Today saw the fall continuing to see the Fix in the morning set at $1,537 and €1,192.323. Ahead of New York’s opening the gold price fell to $1,529.50 and the euro stood at €1: $1.2870 leaving gold in the euro at €1,188.42. Full Story
The WHOLESALE MARKET gold price fell further on Thursday in London, hitting its lowest London Gold Fix since 8th July at $1537.50 per ounce – 19% below Sept's record high – on what dealers called "long liquidation" and "pressure" from the Eurozone debt crisis. Full Story
By: Chris Mullen, Gold-Seeker.com - 28 December, 2011
Gold fell to $1581.38 by about 5:30AM EST before it rebounded to $1592.77 at about 9AM EST, but it then fell throughout most of trade in New York and ended near its late session low of $1549.40 with a loss of 2.44%. Silver bumped back up to $28.79 in London before it also fell back off in New York and ended near its late session low of $26.849 with a loss of 5.72%. Full Story
THE PRICE OF physical gold bullion fell again as London re-opened Wednesday after the Christmas and Boxing Day holidays, dropping to two-week lows against all major currencies in what dealers called a "very quiet session". Full Story
Crude oil is the key headline as Iranian tension and increased chances of an armed conflict with Iran rise for 2012. Iran is the key for crude oil prices and more and more nations are being forced not to buy Iranian oil by the USA and its allies. Full Story
By: Chris Mullen, Gold-Seeker.com - 27 December, 2011
Gold fell to as low as $1589.60 by early afternoon in New York before it bounced back higher in the last few hours of trade, but it still ended with a loss of 0.87%. Silver slipped to as low as $28.488 and ended with a loss of 1.48%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 27 December, 2011
Asia did not add any strength to the gold price taking it just below $1,600 ahead of London’s opening. When London opened there was little change either. The euro opened little changed at €1: $1.3071. Just ahead of New York’s opening the market was barely changed at $1,597.50 and the euro stood at €1: $1.3072 leaving gold in the euro at €1,222.08. Full Story
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