Adrian Ash's Contributions

Gold Price Hits 5-Week Low as Dollar Gains on ADP Jobs Data, Trade Deficit 'Looms'

Gold prices fell through what technical analysts called "immediate support" at $1210 per ounce Wednesday lunchtime in London as the US Dollar rose again after new data said the United States added far more new jobs than...

Gold Stumbles, Dollar Strengthens as Market Prices in March Rate Hike

Gold prices fell near 1-week lows Wednesday in London, dipping beneath $1240 per ounce as US traders joined the session after Donald Trump's first speech to Congress about his fiscal plans was overshadowed by 5 senior Federal...

Gold Price 'Struggling' as Trump 'Set to Sway' Fed Interest Rates

Gold prices fell below $1230 per ounce in London trade Tuesday morning, losing 1% from last week's finish as US traders returned from the President's Day holiday focused on how Donald Trump and rising inflation could see the...

Gold Price Over $1240, Regains 'Trump Dump' in Euros as 'Disunity' Spreads in France, Italy, Scotland

Gold prices rose to $1240 per ounce in London on Wednesday, regaining almost half of their post-US election slump as Euro stock markets slipped and government bond prices rose amid fresh fears over the currency union's 2017 political outlook.

Gold Price Bounces on Weak US GDP Data

GOLD PRICES bounced but then fell back to 2-week lows against the Dollar lunchtime Friday in London as the US currency shrugged off weaker-than-expected GDP growth data from the world's No.1 economy. US gross domestic product grew 1.9% annualized...

Gold Price Up Through 'Key' $1207 Level as 'Brexit Means UK Out of Single Market'

Gold prices hit new 8-week highs at $1218 per ounce on Tuesday as world stock markets fell for the second day but the British Pound surged as UK prime minister Theresa May said Britain "cannot possibly" stay within the European...

Gold Stalls at $1205 as Chinese New Year Approaches

Gold prices dipped back below $1200 per ounce as London trading ended on Thursday, easing $7 per ounce from the new 7-week high hit overnight in Asian trade as commodities rose again but New York stock markets followed...

Gold’s ‘False Dawn’ May Depend on Looming Debt Ceiling

Gold prices fixed at Friday's benchmark auction in London with a gain of 1.4% for the first week of 2017, retreating from yesterday's 1-month highs as the US Dollar rallied following mixed US jobs data.

'True Safe Haven' Gold Prices Firm vs. Rising Dollar as Trump Argues Trade War With China

Gold prices returned from the New Year 2017 holiday to track the rising Dollar on Tuesday, pushing higher against non-US currencies as Washington's president-elect Donald Trump was rebuked by Beijing over his threat to start a trade war...

Gold and Silver in Steep Decline as Dollar Surges to Multi-Year Highs

Gold prices sank to new 10-month Dollar lows Thursday as the US currency surged and Asian stock markets followed Wall Street lower after the Federal Reserve raised its key interest rate for the second time in 12 months.

Gold Prices Steady as Bond Yields Retreat Ahead of Fed Rate Decision

Gold prices held $10 per ounce above yesterday's new 10-month low in London on Tuesday, trading at $1162 as bond prices ticked higher, nudging US Treasury yields down from fresh 18-month highs ahead of tomorrow's Federal Reserve...

China Curbs Gold Buying as US Stocks & Dollar Rise Before Fed

Prices to buy gold in London's wholesale market headed for a 1% weekly drop Friday, slipping to $1166 per ounce as the US Dollar extended its gains following Donald Trump's US presidential victory, denting currencies worldwide...

Gold Suffers Sharp Decline as Oil Jumps

Gold bullion again gave back a $10 overnight pop on Wednesday in London, falling back to last week's finishing level at $1183 per ounce for the third session running as world stock markets rose and oil prices jumped on rumors of...

Gold Prices Struggle Post-Trump; India 'in Jeopardy'

GOLD PRICES touched a 3-session high of $1221 per ounce early in Asian trade Tuesday, recovering three-quarters of last week's 1.6% drop before easing back as world stock markets extended their gains and bond prices slipped again, nudging interest rates higher...

Gold Prices Flirt with '$1200 Support' as Dollar Soars

Spiking on last week's US election victory for Donald Trump, "Gold tested a descending trend resistance near $1330/1344 and has confirmed a [head & shoulders] pointing towards further downside," says technical price-chart analysis from French investment and bullion...

Gold Prices Plunge 7% as Traders Back ‘Trump Boom’

Gold prices rallied off 3-week lows in Asian and London trade Friday, bottoming over 7% below Wednesday's US election results' spike at $1251 per ounce as European stock markets ended their 'Trump bump' rally and fell...

Gold Price at 'Key Support' of 200-DMA in 'Quiet Before Storm' of Trump-Clinton Result

Gold prices held at $1280 per ounce in London dealing as US voters went to the polls Tuesday to choose between Donald Trump and Hillary Clinton, trading above the moving average of the metal's last 200 days – a key level...

Gold Prices Sink, Down 3% vs Surging Pound as UK High Court Says Parliament Must Get 'Article 50' Vote Before Brexit

Gold prices whipped $20 per ounce lower Thursday morning in London, dropping 1.5% from near 1-month Dollar highs even as the US currency fell on the FX market amid central-bank forecasts of rising inflation, new opinion polls...

Gold Bullion at 1-Month High as CME Joins London Futures Contract Race

Gold bullion jumped to 1-month highs against a weakening US Dollar in London trade Tuesday, touching $1288 per ounce as Comex futures rose in New York and major Western government bond prices fell, driving yields higher ahead...

Gold Bars Go to $6 Premium in China as Yuan Hits Fresh 6-Year Lows on Capital Outflows

Gold prices traded in London's wholesale market steadied against the rising US Dollar Friday, heading for a solid weekly gain versus all major currencies as the Chinese Yuan hit fresh 6-year lows on the FX market.

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