By: Chris Mullen, Gold-Seeker.com - 11 April, 2014
Gold edged down to $1314.22 at about 4:30AM EST before it rallied back to $1323.21 in the next few hours of trade, but it then dropped back down to $1315.61 in New York and ended with a loss of 0.015%. Silver slipped to $19.932 before it rallied back to $20.132, but it also fell back again off in New York and ended with a loss of 0.5%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 11 April, 2014
The gold price closed at $1,318.00 up $6.90 on Thursday, in New York. Asia lifted it to $1,319.35 ahead of London’s opening. The gold price was Fixed in London at $1,317.25 down $4.25. In the euro, it Fixed at €948.617 down €4.571 as the euro was weaker at $1.3886 down from $1.3866: €1. Ahead of the opening in New York gold stood at $1,322.25 and in the euro at €951.53. Full Story
Gold has eked out further gains today and is trading near its highest in 2 and a 1/2 weeks. It is on track for its best week in a month after equities fell sharply and due to renewed concerns that the U.S. Federal Reserve continuing their unprecedented ultra loose monetary policies. Spot gold was steady at $1,322.10 an ounce by 11:37 GMT, after three straight days of gains. The precious metal is up 1.4% for the week, having hit a high of $1,324.40 on Thursday - its highest since March 24. Full Story
By: Manan Somani, Insignia Consultants - 11 April, 2014
There are huge short positions in crude oil and natural gas. Sell stop losses will be triggered if energies continue to rise next week. Crude oil prices have been rigged on the higher side as Easter travel will result in higher demand. Crude oil should fall once Easter vacations are over. Full Story
By: Chris Mullen, Gold-Seeker.com - 10 April, 2014
Gold climbed to as high as $1324.36 at about 8:30AM EST before it chopped back lower in New York, but it still ended with a gain of 0.53%. Silver surged to as high as $20.372 and ended with a gain of 0.86%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 10 April, 2014
The gold price closed at $1,311.10 up $2.30 on Wednesday, in New York. Asia lifted it to $1,319.50 ahead of London’s opening. The gold price was Fixed in London at $1,321.50 up $11.75. In the euro, it Fixed at €953.188 up €3.268 as the euro was weaker at $1.3864 down from $1.3788: €1. Ahead of the opening in New York gold stood at $1,321.00 and in the euro at €952.62. Full Story
Gold extended gains to a third session today, scaling to fresh two week highs above $1,320/oz. Silver surged 2.5% to $20.26/oz. Gains were due to geopolitical tensions, dovish sounds from the Fed and the very poor exports data from China which led to concerns about the Chinese and global economy. Minutes from the Federal Reserve's policy meeting which showed that officials were not keen on increasing interest rates anytime soon are also supporting gold. Full Story
By: Manan Somani, Insignia Consultants - 10 April, 2014
Gold and silver rose after the Federal Reserve minutes downplayed market expectations of an earlier than expected interest rate hike. Last it was taper which brought bullion prices down. This year going forward it will be timing of interest rate hikes by the Federal Reserve next year which will drive bullion prices. Interest rate guidance will be dependent on two key factors (a) US state elections in November (b) US economic growth. Full Story
Gold edged up to $1313.92 in Asia before it fell back to $1301.58 at about 9:30AM EST and then rose to as high as $1315.01 after the release of today’s fed minutes, but it then drifted back lower into the close and ended with a gain of just 0.18%. Silver slipped to as low as $19.621 before it also rallied back higher, but it still ended with a loss of 0.65%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 9 April, 2014
The gold price closed at $1,308.80 up $12.30 on Tuesday, in New York. The gold price was Fixed in London at $1,309.75 down $5.00. In the euro, it Fixed at €949.920 down €5.22 as the euro was weaker at $1.3788 down from $1.3766: €1. Ahead of the opening in New York gold stood at $1,309.15 and in the euro at €948.45. Full Story
Russia and the U.S. are on a collision course after tensions flared anew in Ukraine, which is supporting gold. Russian forces are deployed on the border and the U.S. says they’re concerned that Russia may be planning further incursions into eastern Ukraine after annexing Crimea. The Russian government said Ukraine’s crackdown on separatists in the east risks sparking civil war. Full Story
Gold climbed $17.25 to $1313.75 in London before it chopped back lower in New York, but it still ended with a gain of 0.95%. Silver surged to as high as $20.18 and ended with a gain of 0.65%. Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 8 April, 2014
The New York gold price closed at $1,296.50 up $10.20 on Friday last week the same as yesterday, in New York. Asia showed renewed vigor and lifted the gold price to $1,308 ahead of London’s opening, after their holiday, before London lifted it over $1,312.00 ahead of the Fix. The gold price was Fixed in London at $1,314.75 up $21.25. In the euro, it Fixed at €955.14 up €11.393 as the euro was weaker at $1.3766 down from $1.3706: €1. Ahead of the opening in New York gold stood at $1,311.50 and in the euro at €950.36. Full Story
Gold bullion rose by 1.3% today to a session high of $1,313.50, on safe haven demand due to renewed geopolitical tensions in Ukraine. Technical buying was also likely after gold moved above the $1,300 an ounce mark. This may have triggered stop loss buying. Full Story
By: Manan Somani, Insignia Consultants - 8 April, 2014
Gold and silver prices are heavily manipulated by central banks. The real value should be at least thirty percent higher than current prevailing prices. We may give various reasons for the rise in prices of gold or for the fall in prices of gold. But the common man as well as analysts are mere pawns at hands of central banks and politicians of NATO members. Full Story
Gold fell $7.50 to $1296.00 by early afternoon in New York before it bounced back higher, but it still ended with a loss of 0.54%. Silver slipped to as low as $19.791 and ended with a loss of 0.3%. Full Story
Silver for immediate delivery declined 0.7% to $19.83 an ounce in London. Platinum fell 0.8% to $1,438.50 an ounce. Palladium lost 0.6% to $786 an ounce. Palladium prices climbed above $800 on March 24, the highest since August 2011, due to concerns about Russian supply. Platinum and palladium had both gained in the previous six sessions. Full Story
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