The spot gold market held flat throughout Asian and early London trade on Tuesday, moving just $1 off Monday’s US close at $658 per ounce. ‘Gold prices look firm, with support from the Euro and …
Daily gold report: Tuesday 3rd July
Category: Gold
Daily gold report: Monday 2nd July
Spot gold prices rose towards a one-week high above $653 per ounce at lunchtime in London on Monday. Earlier in the morning, the AM Fix had come in at $650.50 per ounce – gold’s lowest monthly …
Daily gold report: Friday 29th June
The price of gold bullion rose throughout the first-half of London trade on Friday, touching $651 per ounce by lunchtime – a gain of 1.6% from the week’s low. The AM Fix earlier came in …
Daily gold report: Thursday 28th June
SPOT GOLD PRICES continued to climb during the Asian and early London sessions on Thursday, hitting $647 just ahead of the US open – a gain of 1% from the low hit on Monday. The …
Tuesday 26th June
08:14 EST, Tues 26 June SPOT GOLD PRICES began the London session on Tuesday trading below $650 for the third time in four sessions, holding at $649.50 as the opening on Wall Street drew near. …
Daily gold report: Wednesday 27th June
07:27 EST THE INTERNATIONAL spot gold market held above $641 in the first-half of London trade on Wednesday. But after Tuesday’s $10 sell-off, ‘gold hits 3-month low as investors flee risk,’ reports Reuters. Today’s AM …
Is this it for gold’s bull market?
So that’s it in gold then. The bull market that peaked in May 2006 finally gave up the ghost this week. At least, that’s what Wall Street is saying. No wonder private investors are selling …
Why it’s time to go shopping for gold
Once upon a time in the market place, says Economics 101, money had three primary functions. A medium of exchange for buying and selling, money was also a unit of account for pricing those deals. Thirdly, …
Why gold’s still the best bet on a weak dollar
OIL DOWN, gold up – and still the mass of investors, led by Wall Street, can’t figure out what’s driving this six-year bull market in bullion. Thursday’s 1.5% bounce in the gold price ‘was driven …
Why you should hang on to your gold
Don’t say it too loudly, but gold investment in 2007 is starting to look like a crowded trade. In the last fortnight, both The Times and The Daily Telegraph have run bullish reports on the metal. …