By: Chris Mullen, Gold-Seeker.com - 4 December, 2009
Gold fell only a little over 1% to around $1200 in Asia and London, but it then fell much further throughout most of trade in New York and ended near its low of $1167.02 with a loss of 3.86%. Silver followed a similar pattern and ended near its low of $18.412 with a loss of 3.15%. Both metals have also fallen to new lows in after hours access trade. Full Story
THE PRICE OF GOLD sank through $1200 an ounce for the first time in 3 days on Friday, falling fast to $1190 and below on news that US unemployment rose by just 11,000 last month. Full Story
By: Chris Mullen, Gold-Seeker.com - 3 December, 2009
Gold rose to as high as $1226.40 in Asia before it fell back off in London and early New York trade to see a loss of $7.25 at as low as $1204.45 by a little after 10AM EST, but it then stormed back higher in the last few hours of trade and ended at a new record high with a gain of 0.33%. Silver fell to as low as $18.79 by midmorning in New York before it also rallied back higher into the close, but it still ended with a loss of 1.24%. Full Story
THE PRICE OF WHOLESALE gold hit yet another record high against all major currencies bar the Aussie Dollar and Japanese Yen on Thursday, peaking above US$1226 an ounce at lunchtime in Hong Kong. Full Story
What can say about gold as it continues to rise higher and higher. Silver and rest of the commodities are tracking gold and nothing else. Equity markets and the US dollar are more or less unchanged. Full Story
By: Chris Mullen, Gold-Seeker.com - 2 December, 2009
Gold rose to as high as $1216.90 by late trade in Asia before it fell back off in London to see a gain of just $7.13 at $1205.98 by about 9AM EST, but it then chopped its way back higher in New York and ended at a new record high with a gain of 1.07%. Silver climbed to $19.35 in Asia before it fell to see a 1 cent loss at $19.09 by midday in London, but it then rose to a new session high of $19.407 in New York and ended with a gain of 0.99%. Full Story
THE SPOT GOLD PRICE raced to new all-time highs overnight Wednesday, rising 1.3% from yesterday's peak to hit $1217 an ounce at the start of London trade. The gold price in Euros broke above €800 an ounce for the first time ever, and broke new records against all other major world currencies bar the Aussie Dollar and Japanese Yen. Full Story
By: Chris Mullen, Gold-Seeker.com - 1 December, 2009
Gold climbed as much as $18 to as high as $1198.80 in Asia before it consolidated its gains a bit in London, but it then climbed even higher in New York and ended near its midday high of $1201.40 with a gain of 1.53% at a new record high. Silver jumped to $18.81 in Asia before it fell to about $18.65 around the open of trade in New York, but it then shot above $19 in the last few hours of trade and ended near its high of $19.245 with a gain of 3.41%. Full Story
THE PRICE OF GOLD hit a new intra-day high in London trade early Tuesday, driven within $1.50 of $1200 per ounce as world stock markets leapt and the US Dollar sank after Dubai World – which requested a "debt freeze" last Thursday – said it's in talks to restructure almost half of its $59 billion owing. Full Story
By: Chris Mullen, Gold-Seeker.com - 30 November, 2009
Gold traded mixed and near unchanged in relatively quiet trade and ended near its late session high of $1181.75 with a 0.73% gain today as traders digested the end of last week’s wild action in holiday thinned trade. Silver dropped to as low as $18.09 by about 9:30AM EST in New York today, but it then rallied back higher for most of the rest of trade and ended near its late session high of $18.492 with a gain of 1.26%. Full Story
THE PRICE OF GOLD traded in a wide 1.5% range early Monday in London, bouncing fast from a dip to $1165 as world stock markets reversed last week's gains and crude oil slipped below $76 per barrel. Full Story
Gold and all the commodities rose, the US dollar weakened as the United Arab Emirates’ central bank eased credit for lenders and said it “stands behind” the country’s local and foreign banks as they face losses from Dubai World’s possible default. Full Story
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