By: Chris Mullen, Gold-Seeker.com - 10 February, 2012
Gold fell $24.10 to $1704.70 by a little before 8:30AM EST before it rallied back higher in New York, but it still ended with a loss of 0.53%. Silver slipped to as low as $33.165 before it also rallied back higher in New York, but it still ended with a loss of 1.09%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 10 February, 2012
New York closed at $1,728.80 as the Greeks appeared to have resolved the debt crisis. Asia took it up to $1,746 before the E.U. finance minister’s expressed more unhappiness with Greece, again. Then gold retreated in Asia to $1,730. The euro stood in Asia at €1: $1.3252. London then Fixed it at $1,715.50. In the euro it was Fixed at €1,295.205. The euro held at €1: $1.3188 during New York’s morning. Full Story
U.S. DOLLAR gold prices were on course for a second weekly fall Friday lunchtime in London, heading down towards $1700 an ounce following European ministers' rejection yesterday of Greece's latest austerity reforms. Full Story
The pattern of gold trading higher in Asia and falling just before or at the open in Europe continued again today. Gold ticked a little higher in Asian trade prior to sharp falls before the open at 0800 GMT when gold fell quickly fell from $1,729/oz to $1,715/oz. Full Story
By: Chris Mullen, Gold-Seeker.com - 9 February, 2012
Gold fell a few dollars to $1728.77 in London before it shot to as high as $1752.80 by about 9:30AM EST, but it then fell back off for most of the rest of trade and ended with a loss of 0.27%. Silver surged to as high as $34.42 before it also fell back off in New York and ended with a loss of 0.38%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 9 February, 2012
New York closed at $1,733 down$12 on London’s high as the euro’s rise stalled waiting for a definitive conclusion in the Greek debt crisis. The euro stalled at €1: $1.3265 to $1.3280. London then Fixed it at $1,733.00. In the euro it was Fixed at €1,304.773. The euro held at €1: $1.3276 during the morning. Ahead of New York’s opening the gold price was rising again at $1,734.00 with the euro at €1: $1.3277 leaving the euro price of gold at €1,305.97 in the euro. Full Story
The WHOLESALE MARKET gold price slipped 0.6% to $1730 in London on Thursday morning, regaining most of that dip as the European Central Bank kept its key lending rate on hold and the Bank of England extended its purchases of UK government bonds to £325 billion ($515bn). Full Story
Gold tested yesterday's lows near $1,725/oz in early trading in Asia prior to ticking higher to $1,740 towards the end of the trading day with surprisingly strong inflation figures from China helping. Gold corrected to $1,730/oz as markets in Europe opened and has traded in a range between $1,730/oz and $1,740/oz since. Full Story
By: Chris Mullen, Gold-Seeker.com - 8 February, 2012
Gold climbed up to $1751.63 in Asia, but it then fell back off for most of trade in New York and ended near its early afternoon low of $1725.00 with a loss of 0.68%. Silver rose to $34.51 in Asia, but it then fell to as low as $33.647 in New York and ended with a loss of 0.64%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 8 February, 2012
New York closed at $1,745 as the euro rose in the belief that the Greek debt crisis has been solved. The euro jumped 1% at the same time to €1: $1.3265. Both Asia and London held it there. London then Fixed it at $1,743.00. In the euro it was Fixed at €1,315.174. The euro held at that level throughout the morning. Ahead of New York’s opening the gold price was rising again at $1,746.30 with the euro at €1: $1.3280 leaving the euro price of gold at €1,314.99 in the euro. Full Story
WHOLESALE MARKET prices for gold bullion held steady just below $1750 per ounce Wednesday morning in London – a 2.2% gain on yesterday's low – after rallying Tuesday following comments from US Federal Reserve chairman Ben Bernanke. Full Story
Gold has again seen the pattern of recent days, months and years of strength in Asia followed by weakness in Europe. Gold’s 1.5% gain yesterday came as Ben Bernanke spoke regarding the slow US economy and need for continued loose monetary policy. Full Story
By: Chris Mullen, Gold-Seeker.com - 7 February, 2012
Gold climbed $9.47 to $1729.67 in Asia before it fell back to $1709.99 in London, but it then rose to as high as $1749.76 in New York and ended with a gain of 1.46%. Silver rose to $33.806 before it slipped back to $33.15, but it then surged to as high as $34.337 in New York and ended with a gain of 1.67%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 7 February, 2012
New York closed at $1,720 after falling to $1,715 and Asia lifted it to $1,727. London then pulled it back down to $1,723 before it was Fixed at $1,720. In the euro it was Fixed at €1,308.980. The euro was slightly weaker at the time at €1: $1.3140. Ahead of New York’s opening the gold price was slipping again with the euro slightly at $1,719 with the euro at €1: $1.3104 leaving the euro price of gold at €1,311.81. Full Story
U.S. DOLLAR gold prices touched a 2-week low of $1711 an ounce Tuesday lunchtime in London, with stocks, industrial commodities and the Euro also falling amid uncertainty over whether Greece is approaching default. Full Story
Gold rose $10 in Asian trading to reach $1,730/oz as investors nervously watch Greece. Just prior to European markets opening gold began to fall and has fallen below the lows in Asia and testing short term support at $1,712/oz. Full Story
By: Chris Mullen, Gold-Seeker.com - 6 February, 2012
Gold fell to as low as $1711.97 by about 8:30AM EST before it rebounded in New York, but it still ended with a loss of 0.31%. Silver slipped to as low as $33.003 in London, but it then climbed to as high as $33.824 in New York and ended with a gain of 0.03%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 6 February, 2012
New York closed at $1,725 but Asia pulled it back up to $1,733 again. London then pulled it back down to $1,715 before it was Fixed at $1,717 down $17 on the p.m. Fix on Friday. In the euro it was Fixed at €1,315.306 down €9 on the Friday p.m. Fix. The euro was a cent weaker at the time at €1: $1.3054. Ahead of New York’s opening the gold price was falling to $1,715 again with the euro at €1: $1.3041 leaving the euro price of gold at €1,315.08. Full Story
SPOT MARKET gold prices fell further Monday morning in London, reaching $1713 an ounce by lunchtime – a 2.8% drop from last week's high – as stock and commodity markets also ticked lower, while US Treasury bond prices gained. Full Story
Gold’s London AM fix this morning was USD 1,717.00, EUR 1,315.31, and GBP 1,090.85 per ounce. Friday's AM fix was USD 1759.50, EUR 1,335.48, and GBP 1,110.66 per ounce. Gold has followed the now familiar trading pattern of gains in Asia followed by weakness in Europe. While gold has fallen and is weaker in most currencies gold remains higher in euro terms due to euro weakness on the concern of a Greek default. Full Story
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