Category: Market Updates

19
May
2008

Gold Investments Market Update

Gold

Gold was up $20 to $898.40 on Friday and silver was up 28 cents to $16.90. Gold started the week with the rally continuing in Asia and has risen in early trading in Europe to over $910 per ounce.

Continue Reading
16
May
2008

Gold Investments Market Update

Gold

Continue Reading
15
May
2008

Gold Investments Market Update

Gold

Continue Reading
14
May
2008

Gold Investments Market Update

Gold

Gold was down $13.90 to $869 yesterday and silver was down 43 cents to $16.73. Gold traded flat in Asia and has fallen marginally in early trading in Europe. But with oil prices rising and inflation pressures increasing internationally, gold will be well supported at these levels.

Continue Reading
13
May
2008

Gold Investments Market Update

Gold
Gold was down 80 cents to $883.90 yesterday but silver was up 36 cents to $17.16. The London AM Gold Fix at 1030 GMT this morning was at $877.00, £450.18 and €566.61 (from $887.25, £453.91 and €573.60 yesterday).

Continue Reading
12
May
2008

Gold Investments Market Update

Gold
After last week’s more than 3% gain in gold, gold surged to nearly $890.00 in early trading in Asia prior to succumbing to subsequent profit taking. The London AM Gold Fix at 1030 GMT this morning was at $887.25, £453.91 and €573.60 (from $863.50, £434.64 and €556.74 on Friday).

Continue Reading
09
May
2008

Gold Investments Market Update

Gold

A firm note tracked the Gold price overnight and it is currently $888.90. Closing above $880 adds to that positive tone and the next resistance level stands at $897. The London AM Gold Fix at 1030 GMT this morning was at $887.25, £453.906 and €573.604 (from $872.25, £445.48 and €568.61 yesterday).

Continue Reading
08
May
2008

Gold Investments Market Update

 

Gold

Gold traded around the $870.00 mark overnight with silver tracking movements around the $16.60 level. The London AM Gold Fix at 1030 GMT this morning was at $872.25, £445.48 and €568.61 (from $878.00, £446.38 and €565.25 yesterday).

Continue Reading
07
May
2008

Gold Investments Market Update

Gold

Continue Reading
02
May
2008

Gold Investments Market Update

Gold
The sharp sell off in the precious metal markets continued yesterday with gold down $13.80 to $848.90 per ounce in trading in New York yesterday and silver down 38 cents to $16.12 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $854.25, £429.92 and €551.31 (from $863.50, £434.64 €556.74).

Should there be a continuance of the recent trend of dollar strength and oil weakness today then we could see gold test the 200 day moving average at $823.

Continue Reading