By: Chris Mullen, Gold-Seeker.com - 11 December, 2009
Gold steadily rose in Asia and London to see a gain of $17.15 at as high as $1142.05 by a little after 7AM EST before it fell back off for most of the morning in New York and dropped to as low as $1109.15 by a little before noon EST, but it then rallied back higher in the last couple of hours of trade and ended with a loss of just 0.56%. Silver climbed over 2% to as high as $17.60 before it also fell back off in early New York trade and dropped to as low as $16.892 by a little before noon EST, but it then rallied back higher into the close and ended with a loss of just 0.52%. Full Story
THE PRICE OF GOLD ticked higher in Asia and early London trade Friday, heading towards the weekend at $1140 an ounce – some 3.4% below the record weekly finish of a fortnight ago – as world stock markets crept towards new 14-month highs. Full Story
Today and tomorrow are very crucial days for all commodities. If commodities continue to fall till Friday then they are in a short term bear phase else dips should be used as a long term investing opportunity. Technically all commodities are bearish and have room to fall further. Remain on the sidelines and buy only if key supports are holding. Full Story
By: Chris Mullen, Gold-Seeker.com - 10 December, 2009
Gold rose almost 1% in Asia before it fell back to almost unchanged in London and then rose as much as $11.60 to a new session high of $1132.00 by about 9:40AM EST in New York, but it then fell back off for most of the rest of trade and ended with a gain of just 0.4%. Silver climbed to as high as $17.455 by midmorning in New York, but it also fell back off into the close and ended near its late session low of $17.118 with a loss of 0.17%. Full Story
THE PRICE OF GOLD was little changed Thursday morning in London, recording its lowest AM Fix since Nov. 13th at $1125 per ounce as the US Dollar held onto this week's rally on the currency market. Full Story
By: Chris Mullen, Gold-Seeker.com - 9 December, 2009
Gold extended yesterday’s after hours losses in Asia and fell to as low as $1125.70 by a little after 2AM EST before it rallied back higher in London and New York and rose to see a slight gain at as high as $1146.50 by about 11AM EST, but it then fell back off into the close and ended near its new session low of $1117.70 with a loss of 1.9%. Silver dropped to $17.45 in Asia before it rose to see a decent gain at $17.875 in London, but it also fell back off in late New York trade and ended with a loss of 3.2%. Both metals have rebounded in after hours access trade however. Full Story
THE PRICE OF GOLD bounced from a new 3-week low of $1125 in Asia and London on Wednesday, rising back above what several analysts called "key support" at $1138 as the US Dollar eased back on the forex market. Full Story
By: Chris Mullen, Gold-Seeker.com - 8 December, 2009
Gold and silver saw slight gains in early Asian trade, but they then fell back off for most of the rest of trade and gold ended with a loss of 1.8% while silver ended with a loss of 2.8%. Both metals have continued to drop in after hours access trade. Full Story
THE PRICE OF GOLD reversed Monday's 2.4% rally vs. the Dollar early today, only to bounce sharply as world stock markets fell and the Euro currency dropped to a one-month low beneath $1.4750. The gold price in Sterling and Euros held above £700 and €775 respectively. Full Story
By: Chris Mullen, Gold-Seeker.com - 7 December, 2009
Gold fell as much as $32.88 to $1135.92 by a little after 4AM EST in late Asian trade before it bounced back higher in London and New York and saw a nice pop higher in early afternoon trade to as high as $1164.60 in reaction to Bernanke’s remarks today (see below), but it still ended with a loss of 0.49%. Silver dropped to as low as $17.855 by late morning in New York before it also rallied back higher in the last couple of hours of trade and climbed to as high as $18.34 in the final minutes of today’s session, but it still ended with a loss of 0.98%. Full Story
THE PRICE OF GOLD fell sharply at the start of London dealing on Monday, extending its drop from Thursday's new record highs to 7.4% as the US Dollar rose and European stock markets fell. Full Story
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