By: Chris Mullen, Gold-Seeker.com - 11 September, 2009
Gold rose modestly to waffle on either side of the $1,000 level in Asia and London and then climbed to as high as $1011.65 by about 10AM EST in New York before it fell back off into the close, but it still ended with a gain of 0.91%. Silver jumped to as high as $16.967 by about 10AM EST in New York before it also fell back off into the close, but it still ended with a gain of 0.54%. Full Story
Gold prices consolidated under the $1,000 level the past four sessions, with rallies being sold into and dips being bought. The dip below $985 yesterday found plenty of buyers in the market and the week ended with a break above the recent consolidation range and a close well above the past five closes. Full Story
THE SPOT PRICE of gold rose back above $1,000 an ounce as the start of US dealing approached on Friday, as European equities added to this week's gains and crude oil held above $71 per barrel. Full Story
By: Chris Mullen, Gold-Seeker.com - 10 September, 2009
Gold briefly saw slight gains in Asia before it fell back off in London to see a loss of $12.40 at as low as $982.60 by about 6AM EST, but it then rallied back higher for most of the rest of trade and ended near its new session high of $997.50 with a loss of just 0.03%. Silver followed a similar pattern and rebounded from its overnight low of $16.03 to end near its session high of $16.68 with a gain of 0.61%. Full Story
THE PRICE OF GOLD fell to a one-week low against the US Dollar on Thursday morning in London, trading at $984 an ounce as European stock markets also fell for the first time in six days. Full Story
By: Chris Mullen, Gold-Seeker.com - 9 September, 2009
Gold climbed back over $1000 in Asia and then dropped to $992.50 in London before it rose back near $1000 by late morning in New York, but it then fell back off into the close and ended with a loss of 0.24%. Silver fell to as low as $16.21 in Asia and rose to as high as $16.69 in New York before it also fell back off in the last couple of hours of trade, but it still ended with a gain of 0.24%. Full Story
Gold failed for a fourth straight session to decisively move above $1,000.00. Despite stronger stocks and a lower U.S. dollar, bulls could not sustain positive momentum yet again. Overnight highs were sold into and the ended up closing lower this afternoon. Full Story
THE PRICE OF GOLD rose above $1,000 an ounce as the start of US dealing drew near on Wednesday, only to fall back for the third time in two days. Full Story
By: Chris Mullen, Gold-Seeker.com - 8 September, 2009
Gold climbed from last Friday’s close of $993.50 in Asia to as high as $1007.37 by about 4:30AM EST before it fell back off in London and New York to as low as $993.45 by about noon EST, but it then rallied back higher in the last hour and a half of trade and ended with a gain of 0.39%. Silver rose as much as $0.62 from Friday’s close to as high as $16.82 in Asia before it also fell back off a bit in London and New York to as low as $16.347 in early afternoon trade, but it then bounced back higher in the last minutes of trade and ended with a gain of 1.48%. Full Story
THE PRICE OF GOLD rose to an 18-month high for US investors in early London trade on Tuesday, breaking Feb's high of $1,006 an ounce as world stock markets rose for the third session running and crude oil gained 2.5%. Full Story
Gold had a fairly quiet day yesterday, prompted by the Labour Day holiday in the US. This morning was a different story when gold, as expected, broke through the psychological $1000/oz level in late Asian trading. Initially, profit taking was seen at $1004/oz and the price fell back to $1,000/oz prior to rallying to over $1,007/oz. Gold looks very good technically and some investors are putting their trust in gold to see whether it pushes to new record highs just above $1,030/oz. Full Story
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