By Adrian Ash – Gold bullion held $5 below yesterday's late spike to 12-month highs in Asian and London action on Wednesday, trading at $1340 per ounce after a key US Fed policymaker said weak inflation warns against raising...
By Adrian Ash – Gold prices fell 1.4% in Asian and London trade Tuesday, erasing all of August's prior gains as world stock markets rose for a second day amid reports of easing tensions between the US and North Korea after last week's...
By Adrian Ash – Gold prices jumped to 8-week highs versus a rising Dollar on Wednesday as new data showed US wages remain sluggish while President Trump repeated his willingness to use nuclear weapons against North Korea after...
By Adrian Ash – Gold prices sank 0.6% against the Dollar on Friday as the US reported stronger-than-expected jobs data for July. New York's stock markets opened the day lower as the Dollar rallied from its latest 31-month lows to the Euro and bond...
By Adrian Ash – Gold price gains continued for Dollar investors on Thursday but held flat for other traders as the US currency touched its lowest Euro value since January 2015 following yesterday's "no change" decision from the Federal Reserve.
By Adrian Ash – Gold prices rose sharply for the third session running in London on Tuesday, gaining as world stock markets fell, commodities rose, and interest rates on major government bonds retreated to new lows for July.
By Adrian Ash – Spot gold prices jumped near 2-week highs at $1232 per ounce Friday lunchtime in London as weak US retail sales and inflation data saw the Dollar drop hard on the forex market. Consumer prices rose 1.6% in July from...
By Adrian Ash – Gold and silver prices fell to new multi-month lows versus a strengthening US Dollar at the start of European trade on Monday, hitting 4-month and 16-month Dollar lows respectively. Priced in the Euro both precious metals fared worse...
By Adrian Ash – Gold funds ticked higher Wednesday morning as world equity indices slipped for a second day – led by pre-market trading in US tech stocks such as Google – and the Euro retreated from 1-year highs versus the Dollar...
By Adrian Ash – Gold prices held near 5-week lows against a falling US Dollar on Wednesday, trading at $1243 per ounce as commodities rallied but world stock markets extended Tuesday's retreat in New York. As Brent crude oil rallied $1 per...
By Adrian Ash – Gold prices popped to a 4-session high at $1277 per ounce Wednesday lunchtime in London as the US Dollar sank ahead of the Federal Reserve's long-expected June interest-rate decision following weaker-than-forecast economic data. US retail sales fell in May...
By Adrian Ash – Gold prices jumped to new 7-week highs at $1291 per ounce on Tuesday, again testing the 6-year downtrend line in place since the metal's 2011 record highs as Western stock markets fell with longer-term interest rates.
By Adrian Ash – Gold prices jumped to 5-week highs against a weakening Dollar on Friday, rising to meet the metal's 6-year downtrend – starting from the all-time peak of September 2011 – after new US data said the world's largest economy...
By Adrian Ash – Gold prices jumped above $1265 per ounce in London trade Friday, gaining 0.9% for the week as world stock markets slipped despite another fresh overnight record-high in US equity indices. Major government bond prices rose, pushing...
Silver prices rallied with gold and both metals recovered last week's closing level in US Dollar terms in London trade on Friday. Silver prices rose above $16.40 per ounce as government bonds rose with world stock markets and commodities...
Gold bullion fell to new 3-week lows against the Dollar and touched 3-month lows for UK investors on Tuesday as the global bullion market got back to work after the long May Day holiday. With the US Congress side-stepping a 'debt ceiling' crisis...
Gold bullion priced in Dollars retreated on Wednesday from its second attempt in 3 days to break the 6-year downtrend starting at 2011's record peak, as world stock markets and commodities steadied after yesterday's drop amid a higher...
Gold bullion rose sharply to near 5-month highs in London trade Tuesday morning, setting its highest London benchmark price since 10 November – the day after Donald Trump's US election victory –as major government bond...
Gold prices again dipped and rallied back above $1250 per ounce in Asian and early London trade Thursday, unchanged from the end of last week with analysts continuing to point to the metal's 200-day moving average at $1260 as strong resistance to the first quarter's 8.6% gain.
Gold prices rose further Thursday in London, gaining almost 3% in Dollar terms since the Federal Reserve raised US interest rates as expected yesterday, and also raised its forecast for interest-rate hikes ahead.