Monthly Archives: October 2011

14
Oct
2011

Gold to Top $2,000 on Central Bank Buying: Chart of the Day

Gold is trading at USD 1,675.30, EUR 1,214.20, GBP 1,062.30, JPY 129,036.00, AUD 1,634.90 and CHF 1,503.70 per ounce.

Gold’s London AM fix this morning was USD 1,676.00, GBP 1,062.31 and EUR 1,214.31 per ounce. 

Yesterday’s AM fix was USD 1,673.00, GBP 1,065.74 and EUR 1,218.05 per ounce.

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13
Oct
2011

Global Money Supply and Currency Debasement Driving Gold Higher

Gold is trading at USD 1,670.40, EUR 1,216.90, GBP 1,063.81, JPY 128,555.00, AUD 1,643.34 and CHF 1,500.20 per ounce.

Gold’s London AM fix this morning was USD 1,673.00, GBP 1,065.74 and EUR 1,218.05 per ounce. 

Yesterday’s AM fix was USD 1,687.00, GBP 1,070.36 and EUR 1,222.02 per ounce.

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12
Oct
2011

Geopolitical Risk in Middle East and China, Currency and Trade War Risk Supporting Gold

Gold is trading at USD 1,684.20, EUR 1,221.90, GBP 1,068.81, JPY 129,103.00, AUD 1,663.34 and CHF 1,509.80 per ounce.

Gold’s London AM fix this morning was USD 1,687.00, GBP 1,070.36 and EUR 1,222.02 per ounce.

Yesterday’s AM fix was USD 1,662.00, GBP 1,064.09 and EUR 1,222.96 per ounce.

Cross Currency Table

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07
Oct
2011

Market Developments This Week Very Gold Bullish; Bears Focus on Price, Not Value

Gold is trading at USD 1,655.70, EUR 1,232.18, GBP 1,065.81, JPY 126,856.60, AUD 1,703.34 and CHF 1,523.38 per ounce.

Gold’s London AM fix this morning was USD 1,651.00, EUR 1,229.52, and GBP 1,063.10 per ounce. 

Yesterday’s AM fix was USD 1,649.50, EUR 1,234.19, and GBP 1,065.43 per ounce. 

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06
Oct
2011

Gold Accepted as Collateral by LCH.Clearnet; ECB and BoE Likely to Keep Rates Ultra Loose

Gold is trading at USD 1,650.20, EUR 1,235.92, GBP 1,066.23, JPY 126,484.50, AUD 1,698.96 and CHF 1,524.98 per ounce.

Gold’s London AM fix this morning was USD 1,649.50, EUR 1,234.19, and GBP 1,065.43 per ounce.  Yesterday’s AM fix was USD 1,600, EUR 1,202.56, and GBP 1,035.40 per ounce.


Cross Currency Rates

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05
Oct
2011

Goldman and BOA Maintain 12 Month Gold Forecasts of $1,860 & $2,000; “Tight Supply of Gold Bars” in Asia

Gold is 1.3% lower in US dollars and has fallen in all currencies today and is trading at USD 1,606.90, EUR 1,207/oz, GBP 1,039.50, JPY 122,637.90, AUD 1,672.28 and CHF 1,474.38 per ounce. 

Gold’s London AM fix this morning was USD 1,600, EUR 1,202.56, and GBP 1,035.40 per ounce. Yesterday’s AM fix was USD 1,672, EUR 1,267.05, and GBP 1,086.35 per ounce.

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04
Oct
2011

Indian Silver Demand Leads to ‘Supply Issues’, Airline Capacity Stretched and Higher Premiums

Gold is 0.4% higher in US dollars and is trading at USD 1,665.10, EUR 1,263.00 , GBP 1,082.80, JPY 127,651, AUD 1,764.90 and CHF 1,534.90  per ounce. Gold’s London AM fix this morning was USD 1,672.00, EUR 1,267.05, and GBP 1,086.35 per ounce. Yesterday’s AM fix was USD 1,660.00, EUR 1,242.51, and GBP 1,068.07 per ounce.

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03
Oct
2011

Gold Up as Equity Markets Fall on Greek Debt Debacle

Gold is trading at USD 1,657.22, EUR 1,240.43, GBP 1,066.97, JPY 124,422 AUD 1,718.40 and CHF 1,505.54 per ounce. 

Gold’s London AM fix this morning was USD 1,660.00, EUR 1,242.52,and GBP 1,068.07 per ounce. 

Yesterday’s AM fix was USD 1,629.00, EUR 1,204.26, and GBP 1,042.63 per ounce. 

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