By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 10 September, 2010
The battle of $1,260 is still on. Gold was pushed onto the back foot yesterday and forced back to the lower $1,240 area in New York, before Asia took it back to nearly $1,250. London followed through to Fix at $1,248.75 in the morning and set the pace for New York. Full Story
THE PRICE OF GOLD rallied on Friday after falling 1.5% from Wednesday's near-record levels on news that the Bangladesh central bank bought 10 tonnes of bullion from the International Monetary Fund. Full Story
Gold and silver have gradually eked out gains in Asia and European trade after yesterday's slight sell off. The central bank of Bangladesh's purchase of 10 metric tonnes of gold from the IMF (worth some $403 million) is supporting gold as it reminds market participants that central banks are set to be net buyers of gold this year rather than net sellers. Full Story
By: Chris Mullen, Gold-Seeker.com - 9 September, 2010
Gold waffled on either side of unchanged in Asia and London before it fell in morning New York trade to as low as $1242.35 by a little after noon EST, but it then climbed back higher in the last hour and a half of trade and ended with a loss of just 0.54%. Silver fell to as low as $19.69 before it also rallied back higher in late trade and ended with a loss of just 0.6%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 9 September, 2010
We are now fighting the battle of $1,260 with London taking the gold price down too Fix at $1,253.50 which was the market price through to just ahead of New York when it moved back towards $1,257 before pulling back to $1,251. Full Story
THE PRICE OF GOLD and silver bullion ticked back early Thursday from yesterday's near-record and 30-month highs to the Dollar, as world stock markets rose and government bonds edged down. Full Story
By: Chris Mullen, Gold-Seeker.com - 8 September, 2010
Gold saw slight gains in Asia and London before it fell back off in early New York trade to $1253.55 and then jumped up to a new session high of $1262.25 by about 9:40AM EST, but it then chopped its way back lower into the close and ended with a loss of 0.12%. Silver climbed to as high as $20.138 by about 8:30AM EST before it also fell back off, but it still ended with a gain of 0.71% and closed at a new 30 month high. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 8 September, 2010
London held the gold price to yesterday’s levels in New York and Fixed in the morning at $1,258.00. There is a perceptible change of mood not only in the gold market as the busy season takes hold, but in global markets in general. Of concern to Japan is the ongoing rise of the Yen, again, alongside the Swiss Franc. Full Story
THE PRICE OF GOLD peaked within 0.4% of June's all-time high for Dollar investors on Wednesday morning, before slipping $7 an ounce from $1262 at the start of Wall Street trading. Full Story
By: Chris Mullen, Gold-Seeker.com - 7 September, 2010
Gold fell as much as $4.45 to $1244.65 in London before it jumped up to as high as $1259.35 in early New York trade and then fell back off a bit into the close, but it still ended with a gain of 0.66% and made a new record closing high. Its record intraday high of $1265.07 was made this past June 21st. Silver fell to $19.53 and climbed to $19.987 before it fell back off in late trade and ended with a loss of 0.15%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 7 September, 2010
Asia left gold at $1,250 then London took it down a notch to Fix at $1,247.25. In Europe economic activity is being stated as slightly better than thought, with the U.S. looking forward to more Tax breaks and infrastructural developments, so we all hope that there will be a better recovery than appears to be the case right now. Full Story
THE PRICE OF GOLD in wholesale dealing held in a tight range around last week's close as New York re-opened after the Labor Day holiday on Tuesday, trading at $1247 an ounce while European stock markets fell and government bonds rose. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 6 September, 2010
Labor Day and the first Monday in September. Tomorrow, the busy time of the year get underway in the markets as the holidays are over and the stark realities of making a living hit us all. Full Story
THE PRICE OF GOLD rose back above $1250 an ounce for Dollar investors on Monday in what dealers called "quiet" Asian and early London trade, while European stock markets also ticked higher together with government bonds. Full Story
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