by Adrian Ash BullionVault Thursday, 23 January 2014 Anti-gold rules getting hot for Congress, and prices, as BJP’s Modi declares victory… BIG though China is for gold these days, India has remained the elephant shut out of the room. Hence Thursday morning’s pop in London prices. Quickly up $10 per ounce, and then another […]
London Gold Market Report from Adrian Ash BullionVault Thurs 19 Dec [08:25] EST Fed Tapering Whacks Gold, Spooks China, “Normalization” Challenged by US Earnings WHOLESALE London gold sank against all currencies Thursday morning, falling 1.9% vs. the Dollar to hit 6-month lows after initially trading flat overnight despite the US Fed finally reducing its $85 […]
The US DOLLAR price of gold held flat Wednesday morning, ticking above $1230 per ounce in very quiet trade ahead of today’s much-awaited decision on monetary policy from the US Federal Reserve.
LONDON gold in Dollars terms traded flat for the week Friday morning, holding around $1230 per ounceafter what one analyst calls “a tumultuous few days.”
ASIAN and London dealing was quiet in gold Wednesday morning, with prices holding $10 per below yesterday’s sudden rise to 3-week highs above $1267.
The PRICE of gold rose to touch $1250 per ounce for the first time in 7 sessions Tuesday morning, as major government bonds also rose after comments from US Fed officials on the odds of reducing their monetary stimulus at next week’s policy meeting.
The PRICE of wholesale gold held steady around $1230 per ounce in London trade Monday morning, ticking upwards as European shares slipped but Asian stock markets closed higher after strong data from China.
The PRICE of gold fell hard Thursday lunchtime in London, giving back all of yesterday’s sudden 3.1% jump to trade back at $1223 per ounce after stronger-than-expected US economic and jobs data.
JUMPING to $1229 per ounce in London trade Wednesday, gold defied analyst expectations and reversed earlier 1% losses after stronger-than-expected US jobs data.
WHOLESALE London prices for gold pushed higher in quiet trade Friday morning, on course for the largest November drop since 1978 in US Dollar terms.