Monthly Archives: September 2011

30
Sep
2011

Gold Steadies, Inflation Rises in Eurozone, Stagflation Beckons

 

Gold is trading at USD 1,619.95, EUR 1,207.17, GBP 1,045.29, JPY 125,291, AUD 1,679.09 and CHF 1,469.15 per ounce. 

Gold’s London AM fix this morning was USD 1,629.00, EUR 1,204.26,and GBP 1,042.63 per ounce. 

Yesterday’s AM fix was USD 1,620.00, EUR 1,187.77, and GBP 1,033.69 per ounce. 

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28
Sep
2011

Global Market Paralysis Sees Gold Holding Onto Gains

Gold is trading at USD 1,653.45, EUR 1,210.52, GBP 1,055.44, JPY 126,298.80, AUD 1,665.32 and CHF 1,477.66 per ounce. 

Gold’s London AM fix this morning was USD 1,655.00, EUR 1,214.77,and GBP 1,059.37 per ounce. 

Yesterday’s AM fix was USD 1,671.00, EUR 1,236.40, and GBP 1,075.50 per ounce. 

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27
Sep
2011

Gold Rebounds Strongly From Lows of $1,532

Gold is trading at USD 1,673.70, EUR 1,237.67, GBP 1,076.82, JPY 127,949.30, AUD 1,693.21 and CHF 1,511.32 per ounce. 

Gold’s London AM fix this morning was USD 1,671.00, EUR 1,236.40,and GBP 1,075.50 per ounce. 

Yesterday’s AM fix was USD 1,615.00, EUR 1,198.96, and GBP 1,041.87 per ounce. 

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26
Sep
2011

Gold and Silver Get Sold Heavily, Markets Erratic and Seeking Consensus – Washington is Quiet

Gold is trading at USD 1,613.00, EUR 1,198.37, GBP 1,040.91, JPY 123,180, AUD 1,654.44 and CHF 1,465.41 per ounce. 

Gold’s London AM fix this morning was USD 1,615.00, EUR 1,198.96,and GBP 1,041.87 per ounce. 

Yesterday’s AM fix was USD 1,730.00, EUR 1,279.68, and GBP 1,119.81 per ounce. 

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23
Sep
2011

Markets Price in Slower Global Growth – The Herd Sells! Sells! Sells! and Buys…Dollars

Gold is trading at USD 1,718.09, EUR 1,275.40, GBP 1,113.33, JPY 130,935.64, AUD 1759.15 and CHF 1,556.07 per ounce. 

Gold’s London AM fix this morning was USD 1730.00, EUR 1,279.68, and GBP 1,119.81 per ounce. 

Yesterday’s AM fix was USD 1,765.50, EUR 1,310.40, and GBP 1,144.35 per ounce. 

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22
Sep
2011

FOMC Focuses on Slower Growth, Eyes Further Easing, Gold Lower, Equities Fall

Gold is trading at USD 1,752.70, EUR 1,304.87, GBP 1,137.30, JPY 133,736.30, AUD 1,785.46 and CHF 1,609.01 per ounce. 

Gold’s London AM fix this morning was USD 1,765.50, EUR 1,310.40, and GBP 1,144.35 per ounce. 

Yesterday’s AM fix was USD 1,792, EUR 1,322.22, and GBP 1,155.23 per ounce. 

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21
Sep
2011

Gold Focuses on FOMC Meeting as IMF Report Paints Sombre Picture for World Economy

Gold is trading at USD 1,811.05, EUR 1,324.35, GBP 1,156.92, JPY 138,179.50, AUD 1,765.83 and CHF 1,616.80 per ounce. 

Gold’s London AM fix this morning was USD 1,810.25, EUR 1,322.22, and GBP 1,155.23 per ounce. 

Yesterday’s AM fix was USD 1,792, EUR 1,309.37, and GBP 1,142.27 per ounce. 

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20
Sep
2011

Gold Gains as Credit Rating Agencies Flag an “Italian Job”

Gold is trading at USD 1,793.84, EUR 1,309.37, GBP 1,140.96, JPY 137,101.40, AUD 1,742.44 and CHF 1,577.91 per ounce. 

Gold’s London AM fix this morning was USD 1,792, EUR 1,309.37, and GBP 1,142.27 per ounce. 

Yesterday’s AM fix was USD 1,817, EUR 1,332.31, and GBP 1,155.56 per ounce. 

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19
Sep
2011

Gold Moves Higher as Greece Crisis Moves up a Gear, Financials Get Pummelled

Gold is moving up again in U.S. dollars and is trading at USD 1,818.29, EUR 1,331.50, GBP 1,155.79, JPY 139,571.90, AUD 1,854.66 and CHF 1,603.73 per ounce. 

Gold’s London AM fix this morning was USD 1,817, EUR 1,332.31, and GBP 1,155.56 per ounce. 

Yesterday’s AM fix was USD 1,778, EUR 1,288.67, and GBP 1,126.24 per ounce. 

Stocks down, Gold up, no consensus, no plan, the death of the euro by a thousand cuts continues. This morning the euro banks are getting pummelled as their exposure to a potential Greek default grows. 

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16
Sep
2011

Gold Gives Ground As Europe/Germany Decides Its Future

Gold is lower again in U.S. dollars and is trading at USD 1,778.19, EUR 1,288.45, GBP 1,125.01, JPY 136,422.70, AUD 1,838.65 and CHF 1,554.01  per ounce. 

Gold’s London AM fix this morning was USD 1,778, EUR 1,288.67, and GBP 1,126.24 per ounce. 

Yesterday’s AM fix was USD 1,806.00, EUR 1,310.03, and GBP 1,143.18 per ounce. 

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