By: Chris Mullen, Gold-Seeker.com - 8 January, 2010
Gold fell over 1% to as low as $1119.50 in London and then shot higher after the US jobs report was released to as high as $1139.12 by about 9AM EST before it fell back off to see slight losses by late morning, but it ultimately climbed back higher into the close and ended near its earlier high with a gain of 0.44%. Silver fell over 1.5% to as low as $18.019 in Asia before it jumped to as high as $18.45 at the New York open and then also fell back near unchanged by late morning, but it too rallied back higher in the last couple of hours of trade and ended with a gain of 0.6%. Full Story
THE WHOLESALE PRICE of gold bullion jumped after falling sharply in Asian trade on Friday, hitting $1130 an ounce after the United States reported much-worse-than-expected job losses for December. Full Story
By: Chris Mullen, Gold-Seeker.com - 7 January, 2010
Gold fell as much as $8.10 to $1128.20 in early London trade before it chopped back higher in New York, but it still ended with a loss of 0.35%. Silver dropped to as low as $18.02 before it also climbed back higher in New York and ended near its late morning high of $18.33 with a gain of 0.77%. Full Story
By: Chris Mullen, Gold-Seeker.com - 6 January, 2010
Gold saw modest gains in Asia and London before it climbed even higher throughout most of the morning in New York and ended near its noontime high of $1137.70 with a gain of 1.62%. Silver followed a similar pattern and ended near its high of $18.198 with a gain of 2.43%. Full Story
THE WHOLESALE PRICE of investment gold rose further in Asia and London on Wednesday, breaking 12-session highs above $1130 an ounce as world stock markets struggled and the Dollar ticked higher on the currency market. Full Story
The key technical resistance is at $1130 and gold needs to break the same convincingly to target $1151. A daily close over $1130 today will be very positive going forward. There are 2 scenarios for gold today. (A) Failure to break $1130-$1133 zone will result in a fall to $1109 and $1100. (B) A convincing break of $1130-$1133 zone can result in $1151.30 and $1172 in short term. Full Story
By: Chris Mullen, Gold-Seeker.com - 5 January, 2010
Gold traded roughly 0.5% higher in Asia and London before it fell to see a 5 cent loss at $1117.95 by midmorning in New York and then rallied back to about $1125 by late morning, but it then fell back off in afternoon trade and ended with a gain of just 0.02%. Silver fell to as low as $17.47 by midmorning in New York, but it then shot to a new session high of $17.845 by late morning and closed near that high with a gain of 1.72%. Full Story
THE PRICE OF GOLD eased back from its strongest Dollar and Euro prices in nearly three weeks in London on Tuesday, holding above a one-month high of £700 per ounce for UK investors as European shares and US stock futures held flat. Full Story
By: Chris Mullen, Gold-Seeker.com - 4 January, 2010
Gold rose as much as 2.5% to as high as $1123.75 by about 9:30AM EST in New York before it fell back off a bit into the close, but it still ended with a gain of 1.98%. Silver followed a similar pattern and ended near its late morning high of $17.54 with a gain of 3.50%. Full Story
THE PRICE OF WHOLESALE GOLD jumped higher in Asia and early London dealing on Monday, kick-starting 2010 with a 1.8% gain to hit two-week highs as world stock markets rose together with base metal and energy prices. Full Story
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